America At the Crossroads Economically with the Tariffs Case Heard Today by SCOTUS

[drudge X]

It won't come. It didn't last time, it won't this time. tRump is a terrible negotiator. Just tell him what he wants to hear and then keep doing whatever you want. He literally doesn't care as long as he gets to claim victory for a minute.

You just described every consulting firm out there.

 

[my2¢]

So did Biden, so did Obama, so did Bush, Clinton .....

I wonder if a group of small businesses filed lawsuits against those presidents as well.

 

[Rawley]

I wonder if a group of small businesses filed lawsuits against those presidents as well.

Don't wonder, the didn't. This is all TDS driven.

 

[drudge X]

Well yeah, but to be fair it's only because it's illegal.

The SC will put on a show and ask lawyers why the need to impose high tariffs on allies. They will leave the tariffs against China and other US adversaries alone. The SC may order Trump to reduce tariffs on allies. The court knows that issuing refunds is going to be one big ass mess. Trump will walk away victorious.

 

[Marener]

"IEEPA allows the president to freeze assets, block transactions, and impose sanctions or tariffs in response to foreign threats to national security, foreign policy, or the economy."

It's not just national security. It also includes threats by foreign policies and our bad economy. Seems like he then has a strong case. The Supreme Court justices always ask tough question (except for Jackson the dunce).

There’s no national emergency.

 

[Crepitus]

He's already done the negotiations! Companies are already here building plants and other things for the purpose of doing business here in the U.S. rather than in other countries.

Straight up lies.

 

[Crepitus]

The SC will put on a show and ask lawyers why the need to impose high tariffs on allies. They will leave the tariffs against China and other US adversaries alone. The SC may order Trump to reduce tariffs on allies. The court knows that issuing refunds is going to be one big ass mess. Trump will walk away victorious.

And doom you in the next elections.

 

[Crepitus]

You just described every consulting firm out there.

Then you are going to the wrong consultants.

 

[LeftofLeft]

There’s a very strong intellectual case for taxing unrealized capital gains. Only taxing realized gains has a significant distortionary effect on ownership of equities that is suboptimal.

Anything that incentivizes economic decisions solely to reduce tax liability is inefficient.

What is that “intellectual case”? Let’s see it. We are dying to see how and why people will put their after-tax money into capital markets knowing that they will get taxed for unrealized capital gains AND realized capital gains??

You do realize that the ultimate incentive is appreciation and realization of a gain that outweighs RISK and TAXES? Or, do you have no clue how and why capital markets work???

 

[toobfreak]

Yeah, President Trump has garnered some $15 trillion in investment in the USA because f his muscular use of the laws enacted by Congress.

If SCOTUS overrides the president's ability to use tariffs costing us 15 trillion dollars, all I can say is that this is a sad day for both the USA and jurisprudence.

 

[drudge X]

So did Biden, so did Obama, so did Bush, Clinton .....

When they imposed tariffs, not one Democrat scream illegal. When it's orange man's turn, the sky is falling. **** em.

 

[drudge X]

If SCOTUS overrides the president's ability to use tariffs costing us 15 trillion dollars, all I can say is that this is a sad day for both the USA and jurisprudence.

If so, then without question that Democrats are China's bitches.

 

[Marener]

What is that “intellectual case”? Let’s see it. We are dying to see how and why people will put their after-tax money into capital markets knowing that they will get taxed for unrealized capital gains AND realized capital gains??

You do realize that the ultimate incentive is appreciation and realization of a gain that outweighs RISK and TAXES? Or, do you have no clue how and why capital markets work???

I think you’re confused. Gains are only taxed once, the only question is when.

If we only tax realized gains, people may be less willing to sell equities to avoid the taxes. That’s suboptimal. Markets are more efficient when people buy and sell based solely on the price and value of the equities. Taxing unrealized gains would help reduce the incentive to hold equities beyond when it’s optimal.

https://www.wsj.com/opinion/bidens-better-plan-to-tax-the-rich-unrealized-capital-gains-assets-treasury-distortion-11648497984

 

[Cougarbear]

Straight up lies.

You are a liar.

 

[Crepitus]

You are a liar.

 

[TimFitz]

You have the economic understanding of a retarded lemming.

You have nothing to say at all.

 

[martybegan]

You have nothing to say at all.

Another drive by dipshit.

 

[Marener]

There’s absolutely no way congress ever intended to let the president put any tariff on any country for any reason.

Zero.

 

[LeftofLeft]

I think you’re confused. Gains are only taxed once, the only question is when.

If we only tax realized gains, people may be less willing to sell equities to avoid the taxes. That’s suboptimal. Markets are more efficient when people buy and sell based solely on the price and value of the equities. Taxing unrealized gains would help reduce the incentive to hold equities beyond when it’s optimal.

https://www.wsj.com/opinion/bidens-better-plan-to-tax-the-rich-unrealized-capital-gains-assets-treasury-distortion-11648497984

You have zero clue as to how capital markets work. You quoted an editorial that focused on “fairness” and “equitable” and then proceeded to assume a position of authority. How often would you like to see unrealized capital gains taxed? How and why will investors be incentivized to purchase equities? A big reason as to why investors buy, hold (long term) and sell equities is price and value.

Please, by all means, push your candidates to run on that. Even the liberal wealthy elite will run for cover.

 

[leftwinger]

It seems to me that Trump overstepped his taxation authority, but I wouldn't wager one way or other on how the court will see it.

More TDS?

Social responsibility sometimes means getting on board for the good of 250 million others. Helpless Children of others.

Phony Centrist swine help feed non-stop TDS in media, on boards etc.