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.
this post was submitted on 17 May 2025
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The price is no longer right
Walmart should put up price tags showing how much of the price is "Trump Tax".
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(2 replies)
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
This asshole isn't dead yet?
Capitalist mad at another Capitalist for... doing basic Capitalism stuff...
🤔
Take their tax benefit out Mr trump
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.
casinos were done on purpose to launder russian money through his properties.
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.
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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.
"Bah! They can make it up in volume!" - Trump probably
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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.
except they can pass on too much of the cost, otherwise people wont buy thier crap.
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His uninformed voters buy it.
It's that simple. That and Trump is used to bullying.
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Walmart made BILLIONS OF DOLLARS last year, far more than expected.
Under Joe Biden's absolutely terrible, awful, most baddest saddest America-lastest economy?