Tech industry is in tariff hell, even if refunds are automated

Comments

• panda_abyss@lemmy.ca ⁨18⁩ ⁨hours⁩ ago

  “$700 million in interest is added to the final bill every month that the government delays tariff refunds, or around $23 million per day.”

  It’s insane that the American tax payers paid more for products, and now they get to pay interest on their illegal payments, and all of that money goes into the coffers of private companies — who will no doubt use it to issue special dividends to their investors and bonuses to their execs.

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  • Sanctus@anarchist.nexus ⁨18⁩ ⁨hours⁩ ago

    Alright, well the only way they are getting promptly removed is if average Americans all decide they need to go to DC to physically do it.

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    • LemmyFeed@lemmy.dbzer0.com ⁨14⁩ ⁨hours⁩ ago

      DC is 3000 miles away from me and I have to work on Monday.

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  • dust_accelerator@discuss.tchncs.de ⁨14⁩ ⁨hours⁩ ago

    Can’t it be claimed as a tax refund? If not, why? Just claim it and sue if it’s not paid out. I feel it’s a refundable expense, no?

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• ekZepp@lemmy.world ⁨19⁩ ⁨hours⁩ ago

  Stick to your old hardware and wait for the shitstorm to pass. The big tech deserve to fail.

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  • Sturgist@lemmy.ca ⁨18⁩ ⁨hours⁩ ago

    The big tech doesn’t deserve to fail. a bail out, but will definitely be getting one.

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    • Kn1ghtDigital@lemmy.zip ⁨18⁩ ⁨hours⁩ ago

      Hot take: if your company needs a bailout it’s no longer a private company and belongs to people as a public service and is regulated as such.

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• Corkyskog@sh.itjust.works ⁨7⁩ ⁨hours⁩ ago

  It may be time for Trump to rethink tariffs

  LOL. It’s his only trick

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• spaghettiwestern@sh.itjust.works ⁨14⁩ ⁨hours⁩ ago

  The tech industry will get to keep refunds of the of tariffs they’ve collected AND will make more money automating the distribution of those refunds to themselves.

  Sounds like the tech industry is in tariff heaven.

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• queermunist@lemmy.ml ⁨18⁩ ⁨hours⁩ ago

  Good thing we just started a war to paralyze global energy markets. That’ll help!

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• Gonzako@lemmy.world ⁨19⁩ ⁨hours⁩ ago

  Wonder what’ll be the next insider trading scheme

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  • ParlimentOfDoom@piefed.zip ⁨18⁩ ⁨hours⁩ ago

    Seems to be: betting on their own actions on prediction markets

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• tal@lemmy.today ⁨19⁩ ⁨hours⁩ ago

  “Restraint’s probably not the perfect word,” but the president may start exhibiting “a little more contemplation and thoughtfulness,” Dolen suggested.

  I mean, theoretically, yes…

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  • Telorand@reddthat.com ⁨14⁩ ⁨hours⁩ ago

    Image

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  • SpaceNoodle@lemmy.world ⁨16⁩ ⁨hours⁩ ago

    Not even in theory, no.

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• ArbitraryValue@sh.itjust.works ⁨16⁩ ⁨hours⁩ ago

  The content of the article does not match the title. It doesn’t actually talk specifically about the tech industry or claim that it is in particular difficulty.

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