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Trump's global tariffs struck down by US Supreme Court

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641–650 of 1001 posts

Re: Trump's global tariffs struck down by US Supreme Court

#641

Earlier quoted context omitted.

Like Switzerland that basically has zero tariffs on export to the US but was initially slapped with 39% because trump can't stand women in power? What about Brasil where trump stated the 50% tariff is punishment for putting Bolsonaro in prison?

Ah, yes, just like he hates Japan and Italy for being run by women.

There might be some political differences between these three women that may be relevant to the conversation.

Re: Trump's global tariffs struck down by US Supreme Court

#642
post #577
post #555

Earlier quoted context omitted.

Well what you're describing could just be finding the most skilled lawyer in town. What the other person is describing is bribery and nepotism.

It likely is nepotism (and maybe bribery depending on your definition, but very unlikely to meet the legal bar of bribery), but I'm not sure what about the GP's comment makes it so obviously clear to you that it is both of those things.

is it doesn't meet the legal bar for bribery, it's only because the supreme Court has made most forms of bribary legal (presumably to prevent Thomas from being arrested for taking lots of bribes)

Re: Trump's global tariffs struck down by US Supreme Court

#643

In response, POTUS just declared a global 10% tariff. Does anyone understand if this is legal? https://www.reuters.com/world/china/trump-orders-temporary-1...

Aw shucks, I guess we'll have to wait another year to find out won't we?

Re: Trump's global tariffs struck down by US Supreme Court

#644
post #40

Howard Lutnick and his sons are surely happy about this. It’s almost like Howard Lutnick, the Secretary of Commerce , knew this would happen. His sons, at their firm Cantor Fitzgerald, have been offering a tariff refund product wherein they pay companies who are struggling with paying tariffs 20-30% of a potential refund, and if (as they did today) they get struck down, they pocket the 100% refund. https://www.financ…

If the court establishes that this was a tax, how would they administer the refund considering it's impossible to disentangle absorbed tariffs by firms and those passed along to consumers?

Re: Trump's global tariffs struck down by US Supreme Court

#645
post #82

It’s disappointing but not surprising that the SC left the administration to illegally bilk US taxpayers for billions upon billions of dollars for something that was facially unconstitutional. They should’ve allowed an emergency injunction from the outset.

> They should’ve allowed an emergency injunction from the outset. That wouldn't have given the opportunity for SCOTUS's financial backers to build up their profits first https://news.ycombinator.com/item?id=47089443

You think corporations and the elite .01% support tariffs? It obviously was very unpopular with that class of society. The policy was aimed to help the working class of the country. You can argue that it was a piss poor way of doing so, but it's certainly not something that the elite class advocated for and getting rich off of.,

Re: Trump's global tariffs struck down by US Supreme Court

#646

Earlier quoted context omitted.

maybe i lean too much in one direction, but what is a "legitimate tax"? Once again, count on hn for the downvotes. Yep, those shall not speak of downvotes, or taxation.

Often comments are sufficiently poorly reasoned or defecient that it makes more sense to downvote than reply. For instance complaining about downvotes always draws more as does collectively insulting the community you are participating in. As to the original question the problem is that it suggests confusion on a basic topic that was decided here centuries ago and taught in elementary school. If someone said what eve…

I've been on this site since 2009. The level of discourse has dropped dramatically in recent times, yet I still love it here. The way I see it, those who can't see through my statement to the true meaning with some form of EQ, are the ones downvoting.

As for talking about what shall not be talked about, how else shall we talk about it? Once I hit -4, it doesn't matter anyway so a few drops on what I have is not really a big deal. In reality, I'm not counting the numbers, I'm counting the people who have fundamentally lost the cognitive ability to reason about deeper meaning in a more philosophical sense and just click click click.

Legitimate from a cultural / legal sense, but not from a philosophical one.

Re: Trump's global tariffs struck down by US Supreme Court

#647
post #636

Earlier quoted context omitted.

Dunno. More than half the country was either enthusiastically in favor of electing a convicted criminal pathological liar or too apathetic to do anything about it. How do you fix that?

Sounds like an enormous indictment of the Democrat party. Public views of their policies was so bad that the alternative you outlined was preferred.

yes thats right, the rise of Hitler was probably justified because the Jews were admittedly very annoying...

I mean if I had to choose between being ok with Jews or supporting Hitler, i can understand why people would pick Hitler. The election of Hitler was really quite an indictment of the Jews.

(I am not saying Trump is Hitler)

Re: Trump's global tariffs struck down by US Supreme Court

#648
post #40

Howard Lutnick and his sons are surely happy about this. It’s almost like Howard Lutnick, the Secretary of Commerce , knew this would happen. His sons, at their firm Cantor Fitzgerald, have been offering a tariff refund product wherein they pay companies who are struggling with paying tariffs 20-30% of a potential refund, and if (as they did today) they get struck down, they pocket the 100% refund. https://www.financ…

If the court establishes that this was a tax, how would they administer the refund considering it's impossible to disentangle absorbed tariffs by firms and those passed along to consumers?

SCOTUS left it unspecified, but the refund would go to the payer, legally.

Re: Trump's global tariffs struck down by US Supreme Court

#649

Earlier quoted context omitted.

It’s a tax on the US economy. A tax levied by individuals rather than the government itself. An ingenious scheme. Evil, but ingenious.

The stated intention was to replace income taxes with tariffs; and it came with a bonus feature of handing the President a cudgel with which to grant him personal powers and personal rewards.

There were something like six different stated intentions, most of which were entirely mutually-exclusive. Replacing income taxes was always the least credible of them.

Re: Trump's global tariffs struck down by US Supreme Court

#650
post #40

Howard Lutnick and his sons are surely happy about this. It’s almost like Howard Lutnick, the Secretary of Commerce , knew this would happen. His sons, at their firm Cantor Fitzgerald, have been offering a tariff refund product wherein they pay companies who are struggling with paying tariffs 20-30% of a potential refund, and if (as they did today) they get struck down, they pocket the 100% refund. https://www.financ…

What is this shit? 4D grifting?
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