flown-the-coop said:Logos Stick said:flown-the-coop said:Logos Stick said:flown-the-coop said:Logos Stick said:Funky Winkerbean said:Are you one of those that thought we were going to fix our deficit and debt without difficulties and sacrifice? You sound like it.Logos Stick said:Funky Winkerbean said:
What would you do if you were president, op?
I would require idiots to try to learn what CPI YoY is.
So on the one hand, we pass a tax cut, and on the other we give back by paying tariffs. If that sounds dumb, it's because it is.
You've gone from national security, to building up manufacturing, to paying off the debt and reducing the deficit. Tariffs are magic! They do it all.
We are collecting tariffs not paying them.
Tariffs are magic and Trump has been a wizard at wielding the
.
Yes, collecting them from US consumers.
Yep, been debunked over and over and over. But if you hate Trump, you hate anything he does. And you can never admit he was right, particularly on tariffs.
Check your info on who pays the tariffs.
Not debunked at all.
So explain how we collect them and from whom? If a company simply lowers its prices to eat the tariffs, we aren't collecting anything. So Canada is sending us a check?
No, tariffs are collected at import. Cash only, no checks or IOUs.
Do you really not understand how tariffs work? Eating the tariff means some paid the tariff and did not pass that cost along. Not that it's not collected paid.
And we have collected over $100 billion thus far and projected to collect $300 billion total by end of this fiscal year in September.
And that cost is passed on to the sellers at the very least. So if not the consumers, the US companies are paying the taxes, which means lower profits which means lower wages for workers, and lower dividends and cap gains, which hurts everyone invested in the market.
I bet you also believe that corporate taxes are not passed on to consumers, right?!