The Supreme Court on Friday ruled that President Donald Trump violated federal law when he unilaterally imposed sweeping tariffs across the globe, a striking loss for the White House on an issue that has been central to the president’s foreign policy and economic agenda.
There are already lawsuits filed for refunds of tariff payments. Of course the money will go to the companies that made the payments. All of us who actually paid them by paying more for basically every consumer good are out of luck.
Wealth transfer from labor to the ownership class.
Yup. This is exactly what these tariffs did.
This was the highest tax increase on the American people in decades. And MAGA idiots cheered the entire time they lost money. Fuck all of them.
Companies that made the payments already sold their rights to this refunds to investment funds for cents on the dollar. Now the funds will make shitload of money. And guess who invested in all of it? Yes, people connected to Trump!
https://www.wired.com/story/cantor-fitzgerald-trump-tariff-refunds/
They straight out robbed everyone.
Lmfao of course they had something like this set up
I posted this link before. Sometimes I feel like not everyone here is reading my comments.
I must have missed it - I try to take breaks from doomscrolling occasionally 😛
Seen it for the first time today, so yeah, your comments don’t reach everyone
This explains the sc decision. The billionaires bribed them to make bank with these refund investments.
Anyone else would avoid a conflict of interest. They just looke to monetize it
Yet another outrageous wealth transfer… It’s almost like a game to them at this point - how many ways can they extort the American taxpayer before they either run out of ideas or we put their heads on spikes?
Or before everyone is so poor there’s nothing left to steal.
Remember all the SciFi movies from the 80s where the ruling class lives in skyscrapers and everyone else is fighting for survival in slums ruled by gangs? With militarized police murdering people left and right? Turns out people that came up with this were 100% right.
Hah! It gets better than that.
We are going to have to pay again in taxes to make up for the new shortfall.
And people are delusional if they think these prices will go back down.
Really excited for the Transparent Wealth Transfer Act of 2026.
It’s always a win win for the wealthy
It this were a proper, well regulated capitalist marketplace with actual competition, the company that sold you the widget might offer you a rebate on your next order so that they could keep your business. But, when your only real option is Amazon, they know you’re not going anywhere, so they’ll keep the tariff repayment and just wait for your next order.
Some of us paid it to import companies prior to delivery (DHL charged us an extra $40 bucks for a couple items my wife bought online).