Tariffs are a tax on consumers (ask any economist or dictionary.com
<http://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]
<mailto:[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]
<mailto:[email protected]>> *On Behalf Of *Lewis Bergman
*Sent:* Wednesday, May 29, 2019 5:37 PM
*To:* AnimalFarm Microwave Users Group <[email protected]
<mailto:[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]
<mailto:[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]
<mailto:[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!
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