Where is your cut?
Fucking hilarious, why would any taxpayer in the US ever expect a “cut?” The money is gone bro.
… Says Second Largest Main Stream Media Conglomerate to Sane-wash Trump for over a Decade
tl;dr: You don’t get one.
Why? Several reasons:
- The companies you purchased from aren’t legally required to,
- The accounting would be difficult,
- Companies can easily claim they never increased prices in the first place (eating the cost), and
- Companies pinky-swear to “pass the savings on to you” in the future.
WE PAID THE TARRIFS AND WE PAID FOR THE REFUNDS
I keep hearing that, but I don’t think it’s true. Companies did pay money to the government, and now that money is being refunded to the companies.
The consumers get screwed, of course, but I think it’s a single screwing, not a double one. Unless someone can show me something where companies are getting money they didn’t pay out in the first place.
Are you saying prices didn’t go up?
@fyzzlefry @daychilde Prices have gone up under President Trump, but not because of his policies. Food, electricity, & gas prices were already rising due to Biden-era inflation, supply chain issues, & massive government spending. Trump’s tariffs & deregulation are designed to bring prices down long-term by boosting domestic production & cutting costs. The left blames Trump for inflation that started before he took office.
The wording I would say is correct more than it is wrong.
Companies did pay tariffs directly, and because of this I would say nearly all increased consumer pricing for effected goods, so indirectly people paid for those tariffs.
With the refunds going out, while ideally it would be a simple refund, the cost is performing the refunds (in man hours and potential transaction fees) which is the additional cost to taxpayers.
I would also say the number of companies deciding to send those refunds on to consumers is extremely low, they’re just keeping the refund.
So it is definitely not regular people being “double dipped”, which is what the original line may imply, but yeah, it’s seemingly been used as a way for companies to make extra profit from people at the taxpayers expense.
The revenue created by the tariffs was used as justification for legislation like the One Bill Ugly Bill as well. The double dip is that after everything, consumers have both less cash now and the growth of the federal deficit was accelerated even further. That, at the end of the day, is taxpayer money which will have to fill in that gap unless we find a way to magically disappear all our debt.
Another reason to vote Blue in November. Hold R Senators and House Reps accountable for this and vote against them! They have enabled this grift.
Primary any Democrats unwilling to go hard for working class tax relief, true universal healthcare, paid parental leave, and prosecuting every person on the Epstein list. Bonus points if they condemn genocide in Palestine.
Accept nothing less.
Getting late in the primary season for that one.
That’s the neat part!
Why are people still posting cnn
I don’t know. It’s as much state-owned fascist crap as Fox News. I haven’t clicked on it since Trump was elected. People say it’s left wing but that is bullshit.
