US SUPREME COURT ON TARIFF REFUNDS:
"The refund process is likely going to be a mess."
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"The refund process is likely going to be a mess."
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DoomPosting
MAJOR BREAKING: The US Supreme Court has just STRUCK DOWN Trumpβs tariff authority, 6-3 SCOTUS just WRECKED our country. One of the biggest economic comebacks in world history just got thrown in the incinerator. What a shame. π³πΎπΎπΌπΏπ€π
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"detailed Danish register data and a series of tax reforms from 2009 ... increases in womenβs marginal net-of-tax wages tend to decrease fertility while increases in menβs marginal net-of-tax wages tend to increase fertility."
(Similar dynamic in the Baby Boom.)
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(Similar dynamic in the Baby Boom.)
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DoomPosting
BREAKING: The Supreme Court of the United States has officially ruled that Trump's tariffs are illegal, in a 6-3 ruling. The US now faces $150+ billion in potential tariff refunds. π³πΎπΎπΌπΏπ€π
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US may have to give back more than 150 billion dollars in tariffs money. This money come from companies who pay extra on imports. Now big question how to handle refunds. Trump call it bad for country, but stock market go up a bit after news.
Prices of many imported goods like clothes electronics fruits may start coming down in weeks.
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Prices of many imported goods like clothes electronics fruits may start coming down in weeks.
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In his dissent, Kavanaugh mocks the Roberts majority for upholding Bidenβs lawless vaccine mandate for government employs while arguing that a law giving the president authority to regulateβand even fully ban (equivalent to an infinite tariff)βall imports somehow doesnβt give him authority to levy non-infinite tariffs
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BREAKING: SCOTUS Justice Clarence Thomas dropped straight TRUTH BOMBS in his dissent on the tariffs
He nailed it.
"NEITHER the statutory text nor the Constitution provide a basis for ruling against the President."
"Congress authorized the President to βregulate . . . importation.β Throughout American history, the authority to βregulate importationβ has been understood to include the authority to impose duties on imports."
"The meaning of that phrase was beyond doubt by the time that Congress enacted this statute, shortly after President Nixonβs highly publicized duties on imports were UPHELD based on identical language."
"The statute that the President relied on therefore authorized him to impose the duties on imports at issue in these cases."
"Because the Constitution assigns Congress many powers that do not implicate the nondelegation doctrine, Congress may delegate the exercise of many powers to the President."
"Congress has done so repeatedly since the founding, WITH THIS COURT'S BLESSING."
THE GOAT!
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He nailed it.
"NEITHER the statutory text nor the Constitution provide a basis for ruling against the President."
"Congress authorized the President to βregulate . . . importation.β Throughout American history, the authority to βregulate importationβ has been understood to include the authority to impose duties on imports."
"The meaning of that phrase was beyond doubt by the time that Congress enacted this statute, shortly after President Nixonβs highly publicized duties on imports were UPHELD based on identical language."
"The statute that the President relied on therefore authorized him to impose the duties on imports at issue in these cases."
"Because the Constitution assigns Congress many powers that do not implicate the nondelegation doctrine, Congress may delegate the exercise of many powers to the President."
"Congress has done so repeatedly since the founding, WITH THIS COURT'S BLESSING."
THE GOAT!
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16 years ago, a dog named Bizkit fell asleep on the floor and became one of the earliest hits of YouTubeβs golden age. In the clip, Bizkit starts twitching, then suddenly springs to all fours and sprints full speed into a wall, all while still asleep.
Veterinary scientists say this is consistent with REM Sleep Behavior Disorder, a condition where the brain fails to paralyze the muscles during dreaming, causing dogs to physically act out whatever they see in their sleep. Bizkit woke up, looked around confused, and lay back down.
What do you think Bizkit was chasing in that dream?
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Veterinary scientists say this is consistent with REM Sleep Behavior Disorder, a condition where the brain fails to paralyze the muscles during dreaming, causing dogs to physically act out whatever they see in their sleep. Bizkit woke up, looked around confused, and lay back down.
What do you think Bizkit was chasing in that dream?
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The Trump Administration is already planning to keep enforcing & imposing tariffs another way
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One wonders what outcome they expect from acting this way, and when someone points it out, they immediately play the βracism card.β
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Grandpa who bought his house for a yearβs salary: βJust work harder and you can buy a house like me.β
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