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- cross-posted to:
- [email protected]
If Donald Trump loses his Supreme Court fight over tariffs, the US may be forced to return “tens of billions of dollars to companies that have paid import fees this year, plus interest,” The Atlantic reported. And the longer the verdict is delayed, the higher the refunds could go, possibly even hitting $1 trillion.
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The total collected so far is under two hundred billion. We would have gotten more in taxes if we had just taxed the rich and they would have barely noticed it.
Not to the companies, to the people. We all know the companies passed the costs on to us.
Morally, yes. Legally, it’s going back to the companies, and they’ll pocket the money and walk away.
LMAO Republicans grifting is next level… That’s a really convoluted way to move money from the working class to the oligarchy.
Cudos. And if course the paste eating magat is none the wiser.
And we all know that the companies will get the refunds and the people can go fuck themselves. Come on, that’s how it works.
And we all know it will only be the big companies and not a single smaller company
What percentage of that money refunded to companies will be given back to the consumers that they passed the costs onto? Hmmmmmmmmm
Zero
But surely the companies would lower their prices once tariffs went away, right?
You mean to tell me that companies would take advantage of a temporary disruption in the markets to justify a permanent price increase? That the rules of our economic model even forbid the lowering of costs? Surely you’ve been mistaken
Unfortunately…
They would be “derelict in their fiduciary responsibility to their shareholders” to charge less than we will pay, and what we will pay changed.
And I’m supposed to believe that “I give you fish because you’re hungry and you give me a jacket because I’m cold” is a less-advanced, more primitive model than this?
Okay but to be fair how would companies even go about doing that? I know they won’t want to, but even if they did it’s not possible.
What’s more damning is that even if the tariffs are reversed they will keep the tariff related price hikes and pocket the difference. As we saw companies wil use any excuse to increase prices
I mean yes, exactly. All reasons the tariffs were indefensible to begin with. The damage largely cannot be undone so it was never even excusable as something to try even if done in good faith
Everything you said is correct.
TrIcKLE dOwN tHo
Why do you think Republicans want people talking about dividend checks?
What percentage of that tariff tax hasn’t already been spent on bunkers and ballrooms?
That’s when we just steal their products for a while until we feel whole.
You guys haven’t been stealing at self checkout for years already? God damn. Do your class duty!
until we feel whole.
I mean, I’m down to keep stealing shit until I die.
What happens when you preemptively comply:…. Also I hate that the courts are legislating since Congress is doing nothing. If the law was clear the tariffs would’ve never been a thing.
The law is clear, we just have a POTUS who doesnt care what the law says, a congress refusing to act as a check on the executive branch, and the courts are mostly captured by Trump.
Yup. Because the other two branches of government are ran buy the same money grubbing capitalist mind virus, the courts and legislators went along because of fear of the working class emancipation.
I happen to know of a newly minted trillionaire whom in a just world would reasonable be asked to foot the bill
In a sane world someone would slay that dragon and disperse its wealth back into the people. It’s time to start slaying dragons.
There are middleman companies that have been handling the tarrifs for other companies. Those middlemen are Trump’s friends. The money will all go to them. It’s been a big slow robbery this whole time.
Well then I guess it’s just not fucking happening then
