this post was submitted on 17 May 2025
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politics

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[–] [email protected] 2 points 15 minutes ago

Man he really is the American lukashenko D:

[–] [email protected] 18 points 4 hours ago (1 children)

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.

[–] [email protected] 6 points 2 hours ago

Well you see the problem here is that you're using your brain and well we just can't be having that

[–] [email protected] 45 points 9 hours ago (2 children)

Anyone else suffering from faux rage exhaustion?

[–] [email protected] 5 points 4 hours ago

It's a welcome diversion from the weekly "MAGA meltdown."

[–] [email protected] 9 points 7 hours ago
[–] [email protected] 36 points 10 hours ago (2 children)

This asshole isn't dead yet?

[–] [email protected] 18 points 7 hours ago
[–] [email protected] 16 points 9 hours ago

Thoughts and prayers.

[–] [email protected] 8 points 7 hours ago

The price is no longer right

[–] [email protected] 14 points 9 hours ago

I thought tariffs are a tax on other countries that they have to pay? And even if that's wrong, it's wrong for companies to raise prices when goods become more expensive. /s

[–] [email protected] 63 points 12 hours ago (4 children)

Dear 47, tariffs are essentially sales taxes based on origin rather than point of sale. If a business has, lets say, a 2.5% profit margin they cannot “eat” tariffs larger than that because to do so would defeat the purpose of being in business (to make profit) in the first place, and said business would soon be bankrupt. I know you know what that is, having numerous failed business’ yourself.

[–] [email protected] 13 points 6 hours ago

casinos were done on purpose to launder russian money through his properties.

[–] [email protected] 4 points 6 hours ago

tariffs are essentially sales taxes based on origin rather than point of sale.

I’m guessing this will make sales taxes go up too. We are now paying taxes on the taxes.

[–] [email protected] 29 points 10 hours ago

I just looked earlier today at WalMart’s self- reported profit margin for FY 2024, and it was approximately 4.2%. I had much the same thought. Even if tariffs are only raised by 10% on their imported products, that has the potential to completely disappear their profits. I’m enough of a socialist-leaning person to need to point out this: The American conception of corporations only purpose being profit machines has only existed in its current form since he 1980s, and is not an absolute law of economics. However, I’m certain that Trump is only interested in making Trump look good.

[–] [email protected] 8 points 11 hours ago

"Bah! They can make it up in volume!" - Trump probably

[–] [email protected] 79 points 13 hours ago

Walmart made BILLIONS OF DOLLARS last year, far more than expected.

Under Joe Biden's absolutely terrible, awful, most baddest saddest America-lastest economy?

[–] [email protected] 220 points 15 hours ago (5 children)

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

[–] [email protected] 6 points 6 hours ago

he treats them like his court cases, he thinks tariffs are a way to bully people to do what you want. he has no idea the economic implications of it. also hes doing it as a behest to putin.

[–] [email protected] 142 points 15 hours ago (3 children)

He is exceptionally stupid.

[–] [email protected] 114 points 14 hours ago (2 children)

"Donald Trump was the dumbest goddamn student I ever had." - Professor William T. Kelley, Wharton School of Business and Finance

[–] [email protected] 7 points 6 hours ago* (last edited 6 hours ago)

and his dad the equally reprehensible fred trump, had to donate a significant amount to get him into his "2nd rate school"

[–] [email protected] 33 points 12 hours ago* (last edited 8 hours ago)

“This guy is a fucking Moron…”

—Rex Tillerson, Trump’s handpicked (first) Secretary of State

[–] [email protected] 66 points 15 hours ago (1 children)

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.

[–] [email protected] 51 points 14 hours ago (7 children)

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).

[–] [email protected] 40 points 14 hours ago (2 children)

It's really just the born wealthy. Your family is the biggest factor in success. That's why so many rich fucks are dumb as posts, they're born rich; they didn't earn it, and they've never had to develop problem solving skills because they've never faced adversity.

[–] [email protected] 2 points 6 hours ago (1 children)

hes also a very lazy rich person in the way he earns his money. he only does it by scamming which involves lying. if he had invested in a fund i think he would be close to 100bn richer.

[–] [email protected] 1 points 3 hours ago (1 children)

Yeah Trump could have been richer if he just did passive investing. He was born with the bases loaded then bitches about the fact it wasn't an automatic grand slam. We shouldn't expect much from a guy who bankrupted both a casino and university.

[–] [email protected] 1 points 3 hours ago* (last edited 3 hours ago)

someone said if he did an index fund he would be very close if not surpassed 100bn. instead hes always in debt, which made him pretty easy to manipulate by the russians.

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[–] [email protected] 5 points 9 hours ago

No, he’s just profoundly mentally ill. His narcissism is a singular force of nature.

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[–] [email protected] 35 points 12 hours ago (2 children)

If he's supposed to be such a great businessman, why is he angry over this? This is exactly what a business does in a tariff situation. No business willingly reduces its margins, it just passes the costs onto the customer.

[–] [email protected] 13 points 11 hours ago

His uninformed voters buy it.

It's that simple. That and Trump is used to bullying.

[–] [email protected] 1 points 6 hours ago

except they can pass on too much of the cost, otherwise people wont buy thier crap.

[–] [email protected] 68 points 14 hours ago (2 children)

What the fuck do you think businesses are gonna do? Their costs went up. Planet Money podcast had an interview with a small business owner that had to pay the 145% tariff on her imports ordered before the tariffs went into effect. On a $30,000 shipment, that’s an extra $43,500. You think businesses are gonna keep prices the same and eat that? They will go bankrupt.

[–] [email protected] 9 points 9 hours ago

This is one of the most glaring problems with tariffs. Companies raise their prices and the tariff becomes basically a tax on the people. But within that is hidden the fact that gigantic companies can often hold off on raising prices because they have the money to deal with it in the short term and the massive markets to pull in discounted prices from suppliers. The result is humongous businesses like Walmart keep their prices low through the tariffs while your mom and pop shop down the street has no choice but to raise prices or go out of business cause they don't have the kind of margins bigger companies do. They raise their prices, everyone flocks to huge businesses like Walmart who kept their prices lower, then mom and pop close up shop cause they aren't selling anything at the higher prices. Then Walmart can do whatever they want cause they just tagged tariffs into the ring and murdered the competition. Tariffs have their place but they largely suck ass in a multitude of ways.

[–] [email protected] 16 points 11 hours ago

Capitalist mad at another Capitalist for... doing basic Capitalism stuff...

🤔

[–] [email protected] 36 points 14 hours ago (5 children)

Reality does not conform to dementia hallucinations. This is what happens when you vote for a geriatric cantaloupe.

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[–] [email protected] 31 points 14 hours ago (4 children)

The Waltons didn't spend MILLIONS OF DOLLARS ELECTING TRUMP just so he'll YELL at Them! MAYBE with a Couple More Million he'll STOP IT!

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