Current events discussion

[Jimi77 Premium Member]

Another university says good bye to federal funding.

 

[Jimi77 Premium Member]

A) SSI is not FUNDED by Social Security, you dunce. It's ADMINISTERED through the Social Security Administration....but it's FUNDED through general revenues.

Unlike Social Security (which is financed by dedicated payroll taxes), SSI is funded from general revenues.

https://www.cbpp.org/research/introduction-to-the-supplemental-security-income-ssi-program

Words have meanings and clearly you don't know the definition of basic words. Rather than continuing to embarrass yourself arguing things that you cannot comprehend....maybe pick up a dictionary and educate yourself a little.

I have to interject this - since SSI revenue is raided by the general fund, doesn't all come from one place? It's just a big shell game.

 

[RobGMN Premium Member]

All sorts of ways to make it happen. It could be collected at the time of the sale just like retailers in Colorado collect the sales tax for the State and then pay it to the state. I know it's impossible for you to see anything but impending doom and disaster since Trump is behind this. You are aware we have been collected tariffs from China under both the Trump and Biden administration, so I'm sure they can make it happen.

So once again (since you ignored the concept): You think a product seller in China is going to tack on 30% to the price, on Trump's behalf, that they charge me for those magnets?
And then they are going to send that money on to our government?

You are aware that an import tariff is paid by the importer in the United States, yes?

This has nothing to do with "doom and gloom": it has to do with the way tax and tariff law is set up in our country.
Are you under the impression that if Trump says "China pays the import tariff on those magnets Rob is buying", that they just change the law and hand over the product to me at the port?

"WASHINGTON/JUPITER, Florida, April 5 (Reuters) - U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week.
The initial 10% "baseline" tariff paid by U.S. importers took effect at U.S. seaports, airports and customs warehouses at 12:01 a.m. ET (0401 GMT), ushering in Trump's full rejection of the post-World War Two system of mutually agreed tariff rates."

Collecting from WHO? Do they call up China and say "you owe us some money before we hand over this shipping container"?

 

[Jimi77 Premium Member]

So once again (since you ignored the concept): You think a product seller in China is going to tack on 30% to the price, on Trump's behalf, that they charge me for those magnets?
And then they are going to send that money on to our government?

You are aware that an import tariff is paid by the importer in the United States, yes?

This has nothing to do with "doom and gloom": it has to do with the way tax and tariff law is set up in our country.
Are you under the impression that if Trump says "China pays the import tariff on those magnets Rob is buying", that they just change the law and hand over the product to me at the port?

"WASHINGTON/JUPITER, Florida, April 5 (Reuters) - U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week.
The initial 10% "baseline" tariff paid by U.S. importers took effect at U.S. seaports, airports and customs warehouses at 12:01 a.m. ET (0401 GMT), ushering in Trump's full rejection of the post-World War Two system of mutually agreed tariff rates."

Collecting from WHO? Do they call up China and say "you owe us some money before we hand over this shipping container"?

Another favorite of the left playing games with the language. Have fun, I'm not playing.

 

[RobGMN Premium Member]

Another favorite of the left playing games with the language. Have fun, I'm not playing.

"Playing games with language"?

The GOVERNMENT WEBSITE says the importer pays the tariff.
Perhaps you think the "left" snuck into the website and changed the tariff rules, just to make Trump look bad?

Import Tariffs & Fees Overview and Resources

Learn about a tariff or duty which is a tax levied by governments on the value including freight and insurance of imported products.

www.trade.gov

• A tariff or duty (the words are used interchangeably) is a tax levied by governments on the value including freight and insurance of imported products. Different tariffs applied on different products by different countries.
• National sales and local taxes, and in some instances customs fees, are often charged in addition to the tariff.
• The tariff, along with the other assessments, is collected at the time of customs clearance in the foreign port.

You think the port authority calls up China and says "you need to give us money before we release this box/crate/shipping container to the importer"?
Do you also think that the port authority tells China they have to pay "National sales and local taxes, and in some instances customs fees".

Your Trump Sycophant Syndrome is really hitting hard, huh?

 

[ThxOne Premium Member]

"WASHINGTON/JUPITER, Florida, April 5 (Reuters) - U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week.
The initial 10% "baseline" tariff paid by U.S. importers took effect at U.S. seaports, airports and customs warehouses at 12:01 a.m. ET (0401 GMT), ushering in Trump's full rejection of the post-World War Two system of mutually agreed tariff rates."

Collecting from WHO? Do they call up China and say "you owe us some money before we hand over this shipping container"?

When China's exports are rejected, China will break.

 

[RobGMN Premium Member]

When China's exports are rejected, China will break.

We'll see. If the product is till cheaper with 100% tariff than it can be bought "local", people will still go the cheapest route.
Basic finance.

 

[ThxOne Premium Member]

We'll see. If the product is till cheaper with 100% tariff than it can be bought "local", people will still go the cheapest route.
Basic finance.

Here is my view...

If we charge China the high tariffs which cause the US consumer to pay higher prices but the cost isn't really that bad, it is a win for the US right? We are getting income from the tariffs (which is the goal) and we are still boosting the economy by continuing to purchase goods.

 

[Jimi77 Premium Member]

"Playing games with language"?

The GOVERNMENT WEBSITE says the importer pays the tariff.
Perhaps you think the "left" snuck into the website and changed the tariff rules, just to make Trump look bad?

Import Tariffs & Fees Overview and Resources

Learn about a tariff or duty which is a tax levied by governments on the value including freight and insurance of imported products.

www.trade.gov

• A tariff or duty (the words are used interchangeably) is a tax levied by governments on the value including freight and insurance of imported products. Different tariffs applied on different products by different countries.
• National sales and local taxes, and in some instances customs fees, are often charged in addition to the tariff.
• The tariff, along with the other assessments, is collected at the time of customs clearance in the foreign port.

You think the port authority calls up China and says "you need to give us money before we release this box/crate/shipping container to the importer"?
Do you also think that the port authority tells China they have to pay "National sales and local taxes, and in some instances customs fees".

Your Trump Sycophant Syndrome is really hitting hard, huh?

No TSS isn't hitting me hard. You want to have some crazy debate about who pays what and how it's paid so technically Trump is a liar, etc, etc, etc. And lets be honest, if I produced cancelled checks from China Cheap Goods Mfg to the IRS, you'd just run with the narrative that it's a pass through tax so Trump is still a liar. If you think I really care weather it's the importer or the exporter or the shipping company or the end customer or the end retailer or whatever other method they might collect tariffs, then you are sorely mistaken. But if it makes you feel better to have Trump lie number 30,952, then please rant on.

 

[Jimi77 Premium Member]

Here is my view...

If we charge China the high tariffs which cause the US consumer to pay higher prices but the cost isn't really that bad, it is a win for the US right? We are getting income from the tariffs (which is the goal) and we are still boosting the economy by continuing to purchase goods.

Ultimately, all that's happened/happening is we traded our manufacturing for base for cheap goods. And lets be honest, we did get cheaper goods, but sacrificed quality and longevity on a major scale. Now we want to reverse that - so manufacturing returns to the US, prices will increase and hopefully quality increases. We'll see how it shakes out, maybe some of the cheaper stuff (ie ~$100-200 items) will continue to be manufactured in China, et al and we'll have to concede on tariffs or maybe "they" will have to increase quality since as prices increase, consumers will be less willing to accept that we have to replace our coffee maker every 2 years.

 

[Jimi77 Premium Member]

Here is my view...

If we charge China the high tariffs which cause the US consumer to pay higher prices but the cost isn't really that bad, it is a win for the US right? We are getting income from the tariffs (which is the goal) and we are still boosting the economy by continuing to purchase goods.

The other thing we need to consider is basically we have built up China's economy & military for 30+ years in exchange for cheaper, lower quality goods. I think any sane person (ie people not suffering from TDS) would say that we got the short end of the stick in that exchange. So assuming one is sane, would they seek to discontinue that exchange or would they vandalize some random person's Tesla even they have no idea about that person's political beliefs?

 

[Eggs 5,000+ posts]

 

[Eggs 5,000+ posts]

 

[Eggs 5,000+ posts]

 

[Eggs 5,000+ posts]