Customers pay the tariffs. And then tax payers (customers) pay for the tariff refunds. Which the corporations pocket because it’s too difficult to return it to the customers.
Don’t forget the interest on the debt acquired to make the repayment!
Difficult for cash sales maybe. Anything paid with a credit card should be dead easy.
I think Cards against humanity are giving people their tariff back.
Found it : https://www.getyourfuckingmoneyback.com/
If I go to Walmart and pay by credit card, well in the old days they didn’t track what the individual bought, just the total. And they probably don’t want to admit it if they do. Online like Amazon keeps track.
This is the system working as designed. I’m not sure how anyone missed that.
And while tariffs were in place Amazon was passing on those savings, or lack thereof, to customers. So they mostly didn’t see any losses from paying the tariffs. Then they get refunded, and then it’s less that the government actually paid Amazon anything, they just gave them a reason to charge people extra in shipping, for no good reason.
Whether those costs were rendered in the shipping cost on Amazon, or by simply marking up the prices so that they could account for those extra costs, doesn’t really matter.
Consumers ended up paying this bill. The 650M “refund” was just the government exempting them from costs that the government should not have collected from them in the first place.
And note how prices didn’t plummet afterwards. It was a universal price hike on all Americans disguised as regulatory issue.
They never do.
This is why I hate “”“”“inflation”“”“”
That’s the way it ALWAYS is. Some corporation does something terrible to consumers, and the government fines them a fraction of the profit from the terrible behavior, and then celebrates with a press release about how great they are.
Meanwhile the consumer is still screwed, the corporation still made a profit on their corruption, and the government got their beak wet.
When we take it back, these sorts of corporate fines should be much more onerous (minimum $1 billion per count), including confiscation of entire corporations and entire estates, and the money placed in the “America First Fund” (irony intended), to be the seed money for all the Social program we’re going to launch - health care, college/trade school, pre-K, student loan forgiveness, UBI, etc. Use these fines to directly help the people that were hurt by corporate misadventure: the Citizens.
“Fixing America on their dime, while punishing them for their crime” could be the program’s slogan.
I’m pretty sure you guy’s fought a revolution over this…
“Revolution? Nah, that takes effort and I’m not about to do that!! Next you’ll be wanting me to protest, or something. Pfffft. Plus we all know protesting is almost impossible in today’s age of instant communication…
Anyway. Listen. Listen. The midterms. We’ll totally destroy them in the midterms. You’ll see. After the midterms they’ll all be leaving the country, or be in prison. Just wait for the midterms, bro!!!”Yes and, any effort to disenfranchise voters from voting is an effort in favor of the red Republican party who is actively doing gestures tiredly at everything
Not really, that’s just how it’s been portrayed over time. The American revolution wasn’t led by American workers, it was agitated by the founding American aristocracy who were angry that there was a higher power than them controlling how they made their money. Many of the founding fathers made their fortunes from smuggling operations.
It’s not like they abolished taxation or gave broad representation to average Americans. The American revolution was a revolution for the rich by the rich. It’s the reason why we have a bicameral Congress, where senators act as overseer over the decisions of the common people. It wasn’t until the 17th amendment passed in 1913 that senators actually started to be elected by the people.
Yup, and IIRC the colonies did benefit from the taxation. King George built infrastructure and provided soldiers and shit.
really? it was just over who cant keep slaves that was about it. and not something like top vs bottom(aristocrats vs “plebians”
The civil war and the revolutionary war were different wars?
“The Democrats caused this by not letting the tariffs go to reducing my income taxes”
-Future Americans
Considering he keeps “ending” the war on Iran to play with oil prices while he buys low sells high; makes me think the price gouging followed by tariff refunds was the real goal all along.
Tariffs are just a roundabout way to implement flat tax. That’s why they talk about how tariff income will replace lost tax revenue.
And in this instance, they’re being used because the SC said that Trump can’t impose a broad import tax.
So he conveniently enacts tariffs on our trading partners, who make up 99.4% of our imports, because they “didn’t do enough to ensure slave labor wasn’t used.”
Yup we known this was the plan for over a year. https://www.wired.com/story/cantor-fitzgerald-trump-tariff-refunds/
Ding ding. We have a winner.
What in the actual fuck. I hate this fucking administration.
Your icon/avatar is so soothing and nostalgic!
Are they though?
Spoiler: No
Well amazon raised prices to cover the tariffs which means people paid it out of their pockets (even though Trumputan advertised that as some sort of trade leverage). And now people’s tax money is likely being used to pay this refund too. Overall the net effect might be Americans paying more “tax” than the “communist Europe”. I also wonder if Trumputan’s family got some lucrative deals out of this because he was the one pushing the buttons.
In case your unaware, that was the plan the whole time.
Man, you are gonna be PISSED when you learn how capitalism works.
Sounds like business per usual for Americans.
sounds like I’m not properly represented by my government.
I wonder what happened last time this happened…
Yesterday?
Duh, anybody with eyes could see that it going to be that way
This headline is well over a year old.
