But this is the kind of thing that bites you back. If you tax something then another thing's prices goes high to make up for it. And then you have to pay more.
If you mean me. You know, economy is circular so, taxing me makes prices go high for you too. Then you'll tax me even harder to make a gain end then prices will rise again. And so on.
It doesn't. The price of something affects also similar products. If McDonald's makes burgers 2 dollars more expensive burgerking will do the same the next day.
In this case, for sake of simplicity, let's say that the usa are loosing customers so to keep earning the same amount is making the ones that haven't switched to another store to pay more. This is a very bad thing.
Caption this Meme 