Tariffs Are Taxes with a Suit On Let’s set the stage: after years of “Bidenflation” and hollowed-out real wages, consumers are strapped and skittish. Businesses, caught in this squeeze, are told they have to “absorb costs” from tariffs—aka eat the tax and smile. Some outlets (like Breitbart’s Business Digest) trumpet this as proof of patriotic sacrifice by American firms. Nonsense. In the real world, no business can absorb costs indefinitely unless it plans to commit economic suicide. Tariffs are indirect taxes. Period. They raise the cost of doing business. If a firm doesn’t pass those costs onto consumers (via higher prices), they’re either burning through reserves, cutting workers, or mortgaging their future. There’s no magic option C. Why “Cost Absorption”…
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