« previous next »
Pages: [1]   Go Down

Author Topic: Tariff refunds could hit the $1 trillion mark  (Read 520 times)

0 Members and 1 Guest are viewing this topic.

Offline rangerrebew

  • TBR Contributor
  • *****
  • Posts: 182,432
Tariff refunds could hit the $1 trillion mark
« on: September 12, 2025, 06:14:12 am »
Logged
The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Online Fishrrman

  • Hero Member
  • *****
  • Posts: 15,168
  • Gender: Male
  • Dumbest member of the forum
Re: Tariff refunds could hit the $1 trillion mark
« Reply #1 on: September 12, 2025, 06:08:13 pm »
"The decision now rests with the Supreme Court"

I'll take a wild guess that the Court will back up Mr. Trump in a 5-to-4 vote.
With Roberts joining the three lefty ladies.
Logged

Offline Hoodat

  • Hero Member
  • *****
  • Posts: 35,328
Re: Tariff refunds could hit the $1 trillion mark
« Reply #2 on: September 12, 2025, 06:13:05 pm »
So instead of a $2 trillion deficit, we'll have a $3 trillion deficit?
Logged
If a political party does not have its foundation in the determination to advance a cause that is right and that is moral, then it is not a political party; it is merely a conspiracy to seize power.     -Dwight Eisenhower-

"The [U.S.] Constitution is a limitation on the government, not on private individuals ... it does not prescribe the conduct of private individuals, only the conduct of the government ... it is not a charter for government power, but a charter of the citizen's protection against the government."     -Ayn Rand-

Offline IsailedawayfromFR

  • Hero Member
  • *****
  • Posts: 14,596
Re: Tariff refunds could hit the $1 trillion mark
« Reply #3 on: September 12, 2025, 08:33:48 pm »
Quote from: Hoodat on September 12, 2025, 06:13:05 pm
So instead of a $2 trillion deficit, we'll have a $3 trillion deficit?

Are you suggesting that people who paid more in taxes than they owed should not be paid?
Logged
“You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing.” Thomas Sowell

Online Kamaji

  • Hero Member
  • *****
  • Posts: 48,456
Re: Tariff refunds could hit the $1 trillion mark
« Reply #4 on: September 14, 2025, 01:28:27 pm »
Quote from: Hoodat on September 12, 2025, 06:13:05 pm
So instead of a $2 trillion deficit, we'll have a $3 trillion deficit?

Yup. 
Logged

Offline Hoodat

  • Hero Member
  • *****
  • Posts: 35,328
Re: Tariff refunds could hit the $1 trillion mark
« Reply #5 on: September 14, 2025, 04:09:25 pm »
Quote from: IsailedawayfromFR on September 12, 2025, 08:33:48 pm
Are you suggesting that people who paid more in taxes than they owed should not be paid?

I'm suggesting that we shouldn't be spending more than people have paid in taxes.  Right now, taxpayers are getting $2 trillion more in government than they paid for.  In other words, they UNDERPAID for what they demand.  So no.  No way in hell should we bump that amount up to $3 trillion.

If the people (through their legislators) demand $7 trillion in government, then they damn well should be willing to pay $7 trillion.  They should not be paying only $5 trillion, and then leaving a $2 trillion tab for future taxpayers to pay.  Agreed?  So the idea of reducing that $5 trillion to $4 trillion, leaving a $3 trillion tab, is completely inexcusable.
Logged
If a political party does not have its foundation in the determination to advance a cause that is right and that is moral, then it is not a political party; it is merely a conspiracy to seize power.     -Dwight Eisenhower-

"The [U.S.] Constitution is a limitation on the government, not on private individuals ... it does not prescribe the conduct of private individuals, only the conduct of the government ... it is not a charter for government power, but a charter of the citizen's protection against the government."     -Ayn Rand-

Offline IsailedawayfromFR

  • Hero Member
  • *****
  • Posts: 14,596
Re: Tariff refunds could hit the $1 trillion mark
« Reply #6 on: September 14, 2025, 04:25:05 pm »
Quote from: Hoodat on September 14, 2025, 04:09:25 pm
I'm suggesting that we shouldn't be spending more than people have paid in taxes.  Right now, taxpayers are getting $2 trillion more in government than they paid for.  In other words, they UNDERPAID for what they demand.  So no.  No way in hell should we bump that amount up to $3 trillion.

If the people (through their legislators) demand $7 trillion in government, then they damn well should be willing to pay $7 trillion.  They should not be paying only $5 trillion, and then leaving a $2 trillion tab for future taxpayers to pay.  Agreed?  So the idea of reducing that $5 trillion to $4 trillion, leaving a $3 trillion tab, is completely inexcusable.
No disagreement we are overspending as a country.  It is why we are seriously in debt and getting worse.

My direction was toward people who overpaid for their tax liability and by law are due a refund.  Unfair if they do not get it, that's all.
Logged
“You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing.” Thomas Sowell

Offline Smokin Joe

  • Hero Member
  • *****
  • Posts: 63,352
  • I was a "conspiracy theorist". Now I'm just right.
Re: Tariff refunds could hit the $1 trillion mark
« Reply #7 on: September 14, 2025, 07:59:40 pm »
Quote from: Hoodat on September 14, 2025, 04:09:25 pm
I'm suggesting that we shouldn't be spending more than people have paid in taxes.  Right now, taxpayers are getting $2 trillion more in government than they paid for.  In other words, they UNDERPAID for what they demand.  So no.  No way in hell should we bump that amount up to $3 trillion.

If the people (through their legislators) demand $7 trillion in government, then they damn well should be willing to pay $7 trillion.  They should not be paying only $5 trillion, and then leaving a $2 trillion tab for future taxpayers to pay.  Agreed?  So the idea of reducing that $5 trillion to $4 trillion, leaving a $3 trillion tab, is completely inexcusable.
I agree we are overspending. Just seems so much of that is on crap we neither need nor want.
Logged
How God must weep at humans' folly! Stand fast! God knows what he is doing!
Seventeen Techniques for Truth Suppression

Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

C S Lewis

Online corbe

  • Hero Member
  • *****
  • Posts: 34,752
Re: Tariff refunds could hit the $1 trillion mark
« Reply #8 on: September 14, 2025, 08:02:26 pm »
   Will Trump overcome the temptation to send everybody a 10K check?  Stay Tuned.......
Logged
No government in the 12,000 years of modern mankind history has led its people into anything but the history books with a simple lesson, don't let this happen to you.

Offline LMAO

  • Hero Member
  • *****
  • Posts: 13,059
  • Gender: Male
Re: Tariff refunds could hit the $1 trillion mark
« Reply #9 on: September 14, 2025, 08:31:35 pm »
Quote from: corbe on September 14, 2025, 08:02:26 pm
   Will Trump overcome the temptation to send everybody a 10K check?  Stay Tuned.......


He may not if his poll numbers continue to decline
Logged
Pages: [1]   Go Up
« previous next »