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Trump's global tariffs struck down by US Supreme Court

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

#701

Post by Rapzid »

llbeansandrice wrote: post #661
legitster wrote: post #562

Earlier quoted context omitted.

Kavanaugh strikes me as principled, but in kind of a Type-A, "well, actually" sort of way where he will get pulled into rabbit holes and want to die on random textual hills. He is all over the map, but not in a way that seems consistent or predictable.

His dissent in this case was basically "Don't over turn the tariffs because it will be too hard to make everyone whole" Which doesn't strike me as "principled" at all. Wasn't it JFK who said "We choose to Not do these things bc they're kinda hard actually"? /s

That is not the thrust of his argument; he believes they were legal. I don't think we need people spreading this uninformed meme all over HN.

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

#702

Post by cyanydeez »

csense wrote: post #151

I don't think tariffs should be imposed capriciously at the President's whim. But I do think tariffs are an appropriate policy tool that should be used to protect US companies against overseas competitors that get government subsidies or other unfair advantages: Low wages, safety regulations, worker protection, environmental rules, etc.

These tariffs have no basis in rational economics.

Full stop. It really is only about whether or not the president could do it.

That's all.

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

#704

Post by cyanydeez »

heresie-dabord wrote: post #663
rozap wrote: post #225

Earlier quoted context omitted.

Yep, that's why you need to convince Congress of that fact, as has been done in the past. Tariffs absolutely make sense as a strategic tool. There is no strategy here.

> There is no strategy here. Unless the money is fully accounted and restituted, I believe we can assume what the strategy is.

This ruling like most of the kleptocracy, will show the kleptocrats who is willing to lick boot and who will not. The goal, whether extrinsic or intrinsic, is to find the fascist threats and harm them.

This specifically will happen when businesses request the legal refund and the "deep state" gets to decide whether they deserve a refund.

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

#705

Post by techblueberry »

liquidise wrote: post #626
bgentry wrote: post #77

The actual decision: https://www.supremecourt.gov/opinions/25pdf/24-1287_4gcj.pdf

The Gorsuch concurring is quite the read, but wish more Americans internalized its final paragraph (excerpts below). Yes, legislating can be hard and take time. And, yes, it can be tempting to bypass Congress when some pressing problem arises. But the deliberative nature of the legislative process was the whole point of its design. ... But if history is any guide, the tables will turn and the day will come when those…

I agree with Gorsuch, and I love this idea, but until the legislative branch abandons procedures that prevent the deliberation from happening in the first place, this will keep happening.

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

#706

Post by webXL »

xnx wrote: post #57

Am I understanding this right? 1) US customer pays huge import tax on imported goods in the form of higher prices. 2) Seller sends the collected tax to the US government 3) US government will refund all/most of that tax back to the seller after this ruling 4) Seller gets to keep the returned tax money as pure profit (no refund to customer)

In October, I bought a $250 product from a Canadian company + about $30 shipping & taxes and thought I was good. A few weeks later, FedEx sends me an $92 bill for the duty that they had to pay. I just ignored it since I was never given that notice up front. If they really wanted it, they could have had the vendor contact me. But at least they're not getting that bit of profit now.

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

#707

Post by jopsen »

mattas wrote: post #375
sowbug wrote: post #118

Earlier quoted context omitted.

To the CPAs among us: will the refunded import taxes be treated as extra profit for all the importers who paid them? I could see an argument that they don't have a legal obligation to pass the refunds on to their customers, any more than my local grocery store owes me 5 cents for the gallon of milk I bought last year if the store discovers that their wholesaler had been mistakenly overcharging them.

The idea of getting a refund for mischaracterized tariffs is actually fairly common (it's called a duty drawback and there's a cottage industry around this). It's generally used when an importer incorrectly categorized their import under an HS code that has a higher duty than the correctly categorized HS code. The difference this time is the scale is orders of magnitude larger. Will be interesting to see how they (im…

> The difference this time is the scale is orders of magnitude larger.

The administration will just do nothing. They need 3 maneuvers for this to drag out longer than Trump 2.

There is no intention to follow the law here.

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

#709

Post by Rapzid »

dyauspitr wrote: post #619
hinkley wrote: post #439

Earlier quoted context omitted.

Thomas isn’t a hack, he’s a shill. And he’s not even trying to be subtle about it. He’s somebody’s bitch and he literally drives around in the toys they bought for him as compensation. If any justice deserves to be impeached it’s him. I can’t believe they approved him in the first place. Anita Hill sends her regards.

But the toys are so cheap. It can’t possibly be just a matter of the money, there has to be some blackmail involved. Either that or he was always self hating.

Then why accept them and face the embarrassment of being found out not reporting them properly?

You are correct compared to the $320k/year salary these empty nesters pull these things seem not that expensive. So why not just save up and buy them himself?

Yes, RED FLAG. Because apparently he likes nice things and spending money so much he can't seem to afford them himself or forgo the gifts and spare himself the scandal.

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

#710

Post by bakies »

webXL wrote: post #706
xnx wrote: post #57

Am I understanding this right? 1) US customer pays huge import tax on imported goods in the form of higher prices. 2) Seller sends the collected tax to the US government 3) US government will refund all/most of that tax back to the seller after this ruling 4) Seller gets to keep the returned tax money as pure profit (no refund to customer)

In October, I bought a $250 product from a Canadian company + about $30 shipping & taxes and thought I was good. A few weeks later, FedEx sends me an $92 bill for the duty that they had to pay. I just ignored it since I was never given that notice up front. If they really wanted it, they could have had the vendor contact me. But at least they're not getting that bit of profit now.

I'm also ignoring a bill, from UPS, that is a few bucks of duty and a much larger $14 fee. Presumably the large fee is because UPS isn't meant to collect taxes, but they can suck it.
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