Anyone else suffering from faux rage exhaustion?
Wow. I used to think he just couldn’t stop lying about tariffs…
But now I’m convinced he has NO idea what they are or how they work… NONE
He is exceptionally stupid.
Yeah everyone tries to convince me he’s smart and the ignorance is an act but I don’t buy it. He truly is mega dumb.
He’s an idiot-savant. A total moron with a special talent for self promotion. Which it turns out gets you very far in life (along with the head start one gets being born wealthy).
By that, I ask what smart thing has been done?
He developed a cult of personality around himself of significant size and used it to seize one of two pillars of political power in the USA, which then propelled him to power twice. Not smart as in “good for the world,” but pretty successful in the, “empowering and enriching oneself at the cost of the commons” sense.
yo
he was smart enough to recognize his supporters were so dumb, they were easy to manipulate. trump, himself is a scamming, found the easiest people to scam, conservatives, its also why they love crypto.
And now he’s smart enough to see that he can just ignore rules and laws. If no one is willing to enforce them, they’re just for “losers and suckers”
Hahaha, get fucked both of them
Walmart should put up price tags showing how much of the price is “Trump Tax”.
they’d have to replace the price tag everyday, when trump decides he’s gonna tantrum again and changes the tariffs
So the “elected” government is trying to control prices? Isn’t that the definition of socialism?
Socialism is only bad when the left does it.
Perfect malicious compliance opportunity: the price tag stays the same, but add an itemized Trump Tax for the difference.
Walmart won’t kiss the ring. They supported Trump. The only thing they’ll do is fight him if it looks like they can’t control him.
Rages at reality for doing the thing everyone said would happen?
What the fuck did this moron think was going to happen?
doesnt sound very free market to me
if they raise prices because they have to, thats just normal
if they raise prices because they can get away with it, thats kinda nasty though
Ironically, the Economy was one of the number one concerns among voters during the election. People blamed Biden for the stores raising prices, while the Biden admin actually investigated major grocers over artificially high prices, and then elected Trump who is actually responsible for raising prices.
Why not refund the taxpayers cost of tariffs from the tariffs collected? Tariffs are being broken out on invoices, file the tariff tax as deductions on 1040’s. It would be a wash for the taxpayers.
That seems convoluted but also as stated it wouldn’t be a wash.
A deduction means pretend that portion of income never existed and the taxable portion of it is not charged.
Then generally the deduction has to be above the standard deduction to make sense to use, and the standard deduction is just so high nowadays.
So if you claimed a hypothetical deduction of 1,000, then you reduce your tax burden by only 200 or so, assuming you otherwise had like 20 some odd thousand in deductions to get you close to the standard deduction.
The only way it would be a wash is if it were a refundable tax credit with no qualifications, and that almost never happens for anything. I could imagine a non refundable credit that would make it a wash for anyone with sufficient tax liability.
However, this would make the tariffs an utterly pointless needless complication, needing a whole lot more accounting by sellers and consumers just to get to a similar and simpler position of not doing the tariffs in the first place.
Well you see the problem here is that you’re using your brain and well we just can’t be having that
If the tariffs are immediately refunded, why collect in the first place?
And once the trade war is done, the prices will remain higher due to “record profits” and “people will continue to pay it because they have to”.
100% This. Walmart is far from the “aw shucks” helping the common man image it wants to portray
Certainly what we appear to have experienced in the UK, I’m sure it’s the same in other countries
Britain’s a bit different, as it’s caught in a perfect storm. It got a large amount of its energy from Russia, and the invasion hit just as Britain was also pouring massive investment into renewables and nuclear, which has to be paid for via energy bills. Add onto that the £40bn annual loss to the economy from Brexit and yeah, prices aren’t going down any time soon, but it isn’t necessarily because of profiteering. For example, rail freight operators have mothballed their electric fleet because the tariff per mile is so much higher than diesel at the moment. And they’re a business sector who can readily change from electricity.
That’s really interesting stuff, thanks for the reply
It’s depressing how important this is. Walmart is core to a lot of American’s purchasing. If Walmart decides to kiss the ring, even for a while, when they stop could determine when a wave of anger will hit, maybe even control the midterms. If they just pass on the prices now, many americans’ cost of living is going to soar, right at the same time many of them will be facing layoffs as businesses choke to death on materials costs.
Anyone else remember what happened last time large numbers of americans experienced large amounts of free time? Do you think they’ll be any happier when they are experiencing that level of free time without the benefit of CoViD stimulus? A lot of people are going to get hurt.
Their costs go up because of the tariffs, he can’t expect them to lose profit at scale just to appease him. It would be a super bad business decision on Walmarts side if they do that.
They literally can’t without getting sued by investors. Look at United Healthcare - they’re getting sued for lost profits because they couldn’t deny more claims after Luigi.
Just more displaying that the rich, and particularly rich people like trump, live in the land of no consequences. They make demands that others pay for, never themselves, and when underlings defy them they become furious. Walmart CEOs are underlings, now.
I hope this more of a “don’t bite the hand that feeds you,” and Trump recieves SOME kind of consequence. He’s been a conman for years, and at some point, CEOs should be able to see that. Like, do they really think he has THEIR best interests in mind? We’re lucky he’s even accepting that one plane as a bribe, since I expected him to sell out for the price of a big mac with fries (no drink).
Back to school prices are gonna see the most change.
