Corporate america is more powerful than the government and the people. Why would they give you a cut? Do you not know about “shareholders” (the real scourge).
WE PAID THE TARRIFS AND WE PAID FOR THE REFUNDS
I keep hearing that, but I don’t think it’s true. Companies did pay money to the government, and now that money is being refunded to the companies.
The consumers get screwed, of course, but I think it’s a single screwing, not a double one. Unless someone can show me something where companies are getting money they didn’t pay out in the first place.
Edit: downvote but not tell me how you think we paid twice? Nice.
The wording I would say is correct more than it is wrong.
Companies did pay tariffs directly, and because of this I would say nearly all increased consumer pricing for effected goods, so indirectly people paid for those tariffs.
With the refunds going out, while ideally it would be a simple refund, the cost is performing the refunds (in man hours and potential transaction fees) which is the additional cost to taxpayers.
I would also say the number of companies deciding to send those refunds on to consumers is extremely low, they’re just keeping the refund.
So it is definitely not regular people being “double dipped”, which is what the original line may imply, but yeah, it’s seemingly been used as a way for companies to make extra profit from people at the taxpayers expense.
The wording I would say is correct more than it is wrong.
This wording? The wording I replied to:
WE PAID THE TARRIFS AND WE PAID FOR THE REFUNDS
People absolutely paid for the tariffs in increased pricing.
The ovehead of the refunds would be insignificant.
The companies don’t have to send any money to consumers to cancel us paying twice, because we paid once in high prices. If they hold on to the refunds, we will have still only paid once… with higher prices.
So it is definitely not regular people being “double dipped”, which is what the original line may imply,
So basically, what I said you don’t even disagree with. And yet I got downvotes. Lemmy is quite irritating. People seem to prefer emotions over facts.
That’s the neat part!
