Trump demands companies pay 10% of Tariff Refund towards his “Presidential Library” fund.
AI generated picture of library available on demand.
EmeraldPalette on
Why give it to companies in the first place? I was expecting a CoVID era type of empowerment that’d be sent based on a family’s earning and average spending
Mikethebest78 on
They can demand all they like but unless something directly benefits the billionaire class it isn’t going to be adopted in the current administration.
Feeez_Shato on
“oh yeah, totally. We made a thing but no one signed up, so we just kept it all”
MessyPoopMcGee on
If the companies just reduce the prices pre-tariffs, and then reduce a percentage more for a while, then that would be acceptable. The problem is these companies will raise prices now.
teflonPrawn on
There shouldn’t be refunds. Put the funds into social security or something so it at least plants a seed.
kafkadre on
Greedy corporations don’t ever reduce profit margins. They only raise them.
Caraes_Naur on
Good luck with that.
When the tariffs began, no one was sure what to collect, on what, and where to send it. From the get go, Trump’s tariffs have been exactly the shitshow you would expect.
The_Jolly_Dog on
“Democrats demand” is getting to be such a tiring statement to read. No matter how batshit insane the GOP gets, the DNC seems utterly incapable of doing anything to prevent or fix it.
Philo_Publius1776 on
Just give it back to Americans as a tax credit. Problem solved.
ZonghZonghZongh on
And if they refuse? The next step is the DNC writing a negative Yelp review. ✊
RoswellRedux on
As an accountant, I can tell you that every single tariff/tax payment was processed using a separate code so it could be easily identifiable from other taxes. It is entirely possible to tell who paid what in tariffs and reverse the process into a refund. Even at the individual customer level.
Don’t let anyone tell you that the money is co-mingled and unidentifiable. It’s common practice to break it out line by line. People CAN be refunded.
Greedy_Switch_6991 on
“Counter-offer, hear us out – what if we use them for stock buybacks instead?”
GRAPES0DA on
I’m still waiting for my $2000 tariff check i was promised, let me check my notes, 5 months ago that we’d get in “two weeks”.
128-NotePolyVA on
Ya no shit. When the administration set up this fund and method to claim refunds for illegal tariffs why wasn’t an estate calculated on what this tariff crap cost the average American family?
buppiejc on
Obama tried this after bailing out the banks in ‘09. The banks gave their executives bonuses instead. I’m sure it’ll work this time tho.
Aromatic_Ideal_2770 on
Good luck with that, they already expended that money in AI /s
0utlaw-t0rn on
Politically expedient call, it practically impossible
SirRichardLove on
They won’t.
Avid_Reader87 on
We want checks in the mail!
Off-GridForever on
Expecting my Amazon and Walmart refund checks right after l receive my DOGE check
TigerGrizzCubs78 on
Go ahead and demand. The wind will be very convincing
WeirdcoolWilson on
I’m sure they’ll get right on that!
ShatterProofDick on
Best we can do is climbing grocery and gas prices while your utility bills skyrocket for AI centers so influencers can create neat memes.
You will own nothing and like it.
Brought to you by Carl’s Junior.
LawlessLumberLord on
Ew, you mean people who pay for things?
jeebee25 on
Hurumph, Hurumph! But, our profits!
naththegrath10 on
I’m sure it was their strongest worded letter yet
FlamingoDiligent9216 on
Why didn’t you just give it bs k to us in the fucking first place?.
pokey68 on
I buy coffee from Amazon and I bet they could calculate how much in tariffs I paid. But I don’t see any way to calculate the tariff I paid cash for at the local cafe. Boy, a ton of manpower wasted collecting and returning and accounting for all this money.
Broad-Prize7986 on
just send it directly to families, cutting out the middleman would solve half the problem
30 Comments
Trump demands companies pay 10% of Tariff Refund towards his “Presidential Library” fund.
AI generated picture of library available on demand.
Why give it to companies in the first place? I was expecting a CoVID era type of empowerment that’d be sent based on a family’s earning and average spending
They can demand all they like but unless something directly benefits the billionaire class it isn’t going to be adopted in the current administration.
“oh yeah, totally. We made a thing but no one signed up, so we just kept it all”
If the companies just reduce the prices pre-tariffs, and then reduce a percentage more for a while, then that would be acceptable. The problem is these companies will raise prices now.
There shouldn’t be refunds. Put the funds into social security or something so it at least plants a seed.
Greedy corporations don’t ever reduce profit margins. They only raise them.
Good luck with that.
When the tariffs began, no one was sure what to collect, on what, and where to send it. From the get go, Trump’s tariffs have been exactly the shitshow you would expect.
“Democrats demand” is getting to be such a tiring statement to read. No matter how batshit insane the GOP gets, the DNC seems utterly incapable of doing anything to prevent or fix it.
Just give it back to Americans as a tax credit. Problem solved.
And if they refuse? The next step is the DNC writing a negative Yelp review. ✊
As an accountant, I can tell you that every single tariff/tax payment was processed using a separate code so it could be easily identifiable from other taxes. It is entirely possible to tell who paid what in tariffs and reverse the process into a refund. Even at the individual customer level.
Don’t let anyone tell you that the money is co-mingled and unidentifiable. It’s common practice to break it out line by line. People CAN be refunded.
“Counter-offer, hear us out – what if we use them for stock buybacks instead?”
I’m still waiting for my $2000 tariff check i was promised, let me check my notes, 5 months ago that we’d get in “two weeks”.
Ya no shit. When the administration set up this fund and method to claim refunds for illegal tariffs why wasn’t an estate calculated on what this tariff crap cost the average American family?
Obama tried this after bailing out the banks in ‘09. The banks gave their executives bonuses instead. I’m sure it’ll work this time tho.
Good luck with that, they already expended that money in AI /s
Politically expedient call, it practically impossible
They won’t.
We want checks in the mail!
Expecting my Amazon and Walmart refund checks right after l receive my DOGE check
Go ahead and demand. The wind will be very convincing
I’m sure they’ll get right on that!
Best we can do is climbing grocery and gas prices while your utility bills skyrocket for AI centers so influencers can create neat memes.
You will own nothing and like it.
Brought to you by Carl’s Junior.
Ew, you mean people who pay for things?
Hurumph, Hurumph! But, our profits!
I’m sure it was their strongest worded letter yet
Why didn’t you just give it bs k to us in the fucking first place?.
I buy coffee from Amazon and I bet they could calculate how much in tariffs I paid. But I don’t see any way to calculate the tariff I paid cash for at the local cafe. Boy, a ton of manpower wasted collecting and returning and accounting for all this money.
just send it directly to families, cutting out the middleman would solve half the problem