Tariffs are far worse than a tax. 1) unlike sales taxes an individual can write off as an itemized deduction, the write off for a tariff goes to the business AND 2) since each business has margin targets, each business a tariffed good passes through increases the price based on the post-tariff cost

Tariffs are far worse than a tax. 1) unlike sales taxes an individual can write off as an itemized deduction, the write off for a tariff goes to the business AND 2) since each business has margin targets, each business a tariffed good passes through increases the price based on the post-tariff cost

Less than to build his Golden Pig Trough….

Everything wants your data from satellite radio to the loyalty plan at the grocery store. Palantir wants the 360 degree view

Not just Wall Street. Grassley is another “farmer” who’s wailed for his subsidies in the past

Mark Gurman from Bloomberg continues: “And that’s not to mention the impact on iPhone prices. The move would potentially double the cost of Apple devices, a catastrophic development for the company and consumers.”

From Mark Gurman at Bloomberg: “[T]here’s little chance that a company like Apple can uproot its manufacturing and return to the US in the next few years. If management truly wants to have meaningful domestic production of the iPhone, it would take at least half a decade to get up and running.”

And maybe we’ll decide to charge you $30 or a different amount tomorrow for takeout depending on what you can do for us. And maybe we’ll force the grocery store next door to close, so no cheating. The uncertainty, bullying and blackmail components are part of the coercion