Tariffs are a tax on consumers (ask any economist or dictionary.com - see below)
Trump's tariffs have generated $72Billion in revenue (paid for by US consumers). Which for comparison is the largest tax hike since 1993. https://www.cnbc.com/2019/05/16/trumps-tariffs-are-equivalent-to-one-of-the-largest-tax-increases-in-decades.html #MAGA tariff / (ˈtærɪf) / ------------------------------ noun 1. a tax levied by a government on imports or occasionally exports for purposes of protection,support of the balance of payments, or the raising of revenue 2. a system or list of such taxes On Wed, May 29, 2019 at 5:32 PM Ken Hohhof <[email protected]> wrote: > OK, some may think I’m getting into politics, but that is not my intention. > > > > It strikes me that we are starting to get things that look like taxes, > swim like taxes, and quack like taxes, but are not treated like they’re > taxes. Tariffs are starting to seem that way. Another example that > bothers me more and more as the contribution rate goes up is USF. What is > that other than a tax on long distance phone service? That generates a > slush fund for some unelected bureaucrats to dispense. Mostly to big > telcos. > > > > Normally taxes are passed by Congress, and they take the heat for it at > the next election. Normally Congress also decides how to spend the revenue. > > > > As long as tariffs are relatively small, you can view them as part of > trade policy. Same with USF, if it wasn’t so big, you could overlook that > it is essentially a tax that nobody voted for, used for corporate welfare. > > > > > > *From:* AF <[email protected]> *On Behalf Of *Lewis Bergman > *Sent:* Wednesday, May 29, 2019 5:37 PM > *To:* AnimalFarm Microwave Users Group <[email protected]> > *Subject:* Re: [AFMUG] tariffs on servers > > > > I don't think there is much thought to how it works in the consumer level > other than it is supposed to make the tariffed goods more expensive thereby > making other options more competitive. > > In that respect, it is likely working. Changing global supply chain > relationships doesn't move quickly though. Vietnam for instance has had > trouble meeting the same standards as China. Seems hard to imagine but > after a few decades of manufacturing for the US China has gotten pretty > good at it. > > > > On Wed, May 29, 2019, 5:23 PM Jason McKemie < > [email protected]> wrote: > > One thing about the tariffs that is especially irritating to me is that if > tariffs are imposed at, for example 30% on steel, then the domestic > supplier just raises their prices by 29%. Is this the way that this is > supposed to work? > > > > On Wed, May 29, 2019 at 3:18 PM Ken Hohhof <[email protected]> wrote: > > I’m in the process of buying a couple Supermicro servers, and I’m told > that due to tariffs, prices have already gone up around 10% and will be > going up another 15% on or about June 1. > > > > Are others running into the same thing? It sounds like I need to place my > order now. That’s not a trivial increase. > > > > We’ve also received tariff notifications from tower steel vendors, power > supply vendors, cable vendors, and we saw Cambium increase prices a few > months ago. Some of these like the steel and cable you just eat, but > potentially everything we buy except bandwidth may be going up. I wonder > if bandwidth suppliers will figure out a way to jack up prices claiming > tariffs! > > -- > AF mailing list > [email protected] > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > -- > AF mailing list > [email protected] > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > -- > AF mailing list > [email protected] > http://af.afmug.com/mailman/listinfo/af_af.afmug.com >
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