The Trump administration is taking the fight over tariffs to the Supreme Court, asking the justices to rule quickly that the president has the power to impose sweeping import taxes under federal law.
What is interesting, if unsuccessful Trump has to pay back all those tariffs. These were paid for by companies and passed on to consumers. Guess who is getting the refunds?
What an amazing way to transfer more wealth to companies.
What’s going to be really fun is the giant hole the lack of tariff income blows in his already shitty budget. He was counting on that cash to offset his tax cuts for the rich. Get ready for some turbo inflation.
What is interesting, if unsuccessful Trump has to pay back all those tariffs. These were paid for by companies and passed on to consumers. Guess who is getting the refunds?
What an amazing way to transfer more wealth to companies.
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And they’ll also certainly lower the prices to pre-tariff levels!
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Imagine most business owners were like you, community over profits.
The rent still has to be paid, etc
What’s going to be really fun is the giant hole the lack of tariff income blows in his already shitty budget. He was counting on that cash to offset his tax cuts for the rich. Get ready for some turbo inflation.