NT, you said “but the tax is paid by the manufacturer or importer of the product, not by consumers.”
Unfortunately every tax levied on a business is passed onto the consumer who buys the product, just as the cost of the raw materials and employees wages are considered in the final price of every product sold.
>> NT, you said
No, I didn’t say. Snopes said. I merely quoted their article. (What they said does happen to be true, however.)
If you go to the link I included in my post, and actually READ it, you’ll find that Snopes agrees with you — taxes “paid” by a business are typically passed on to the consumer in the form of higher prices.