20 July 2010
Beware
Were you aware that there had been an increase in the "import duties" of 17% on certain items coming into the US? When we made a purchase through our wholesaler we noticed a 17% increase in our cost. The wholesaler told us that there had been an increase in this tax. Although this was the only wholesaler who gave this reason for the increase, we noticed that other wholesalers had increased their prices as well at about the same percentage. I have not seen anything on the news or internet about this increase but I will look into it. Be aware that anyone who purchases items from outside the US will be increasing their prices - Walmart, Lowe's, Target, etc. This comes at a time when so many are out of work and can barely afford the essentials to get by. Since so many of our products are made elsewhere (where were these "duties" when so many companies were moving their production out of the US), many products should see an increase. This tax may have been passed as an add-on to another bill, or as a tax that was set to become effective months or even years after the bill passed. However it was done, it is here now.
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