- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Who pays the tariffs?
Posted on 2/24/26 at 4:35 pm to BBONDS25
Posted on 2/24/26 at 4:35 pm to BBONDS25
quote:So we were doing more with less back then, good to know!
17% effective federal tax when top bracket was 91%.
25.9% effective federal tax rate in 2024.
quote:So that's fallen by 10.5% over the last decade? Doesn't seem great
In 2014, the top 1 percent of taxpayers paid an average tax rate of 36.4 percent.
1
Posted on 2/24/26 at 4:35 pm to Taxing Authority
quote:
There’s absolutely a time-and-place for tariffs. The US just doesn’t have any of them.
What if I buy a $150 Chinese cookware set instead of the $400 American made cookware set. In this case the government is charging me for some of savings that I was after.
And that is the problem IMO we consumers are focused on saving our money at the cost of our neighbors jobs and corporations are focused on increasing their profit margins at the expense of their neighbors and consumer base.
We need a reset.
Posted on 2/24/26 at 4:49 pm to frogtown
In 1960, the top 1% paid about 13% of all federal income taxes; today, they pay roughly 40-45%.
Posted on 2/24/26 at 4:49 pm to BCreed1
quote:You’re presenting this like there are only two camps when there’s a sizable third group you’re overlooking: People who are not ideologically opposed to tariffs at all, but who objected to the way they were imposed.
- One group promotes tariffs being an evil communistic tool. This group of people ignore our history. They have never be able to rectify that thought with the fact that the USA has always had tariffs nor that it was the way the Fed Gov was funded. It just simply an evil communist thing because that's the talking point they believe will win people to their side.
- The other side are those that have looked at the complete picture. They se the bad to tariffs and the good of tariffs and have reached a conclusion that they are needed to some degree. That degree is up for debate. This group seems deeply concerned about the future of the USA and it's ability to survive.
The issue for many of us wasn’t whether tariffs can exist. The United States has always used them. The issue was the scope of executive authority used to implement them, particularly the reliance on expansive readings of emergency statutes instead of direct congressional action. That’s a legit separation-of-powers concern.
And it’s possible you overlooked that group because many in your second camp either refused to acknowledge that argument existed or had no real answer for it. It was easier to dismiss as Orange Man Bad than to engage the separation-of-powers issue directly.
That dismissal also left a lot of pro-tariff supporters in the dark about what was a central objection, so you ended up with comments here like “tariffs were fine for 200 years until Trump did it,” which completely missed the point. The dispute for us wasn’t about the historical existence of tariffs. It was about the mechanism used to deploy them.
Posted on 2/24/26 at 4:51 pm to northshorebamaman
quote:That is a very fair point. The counter is we do not have a functional Congress. A nonfunctional government branch creates a power void.
The issue for many of us wasn’t whether tariffs can exist. The United States has always used them. The issue was the scope of executive authority used to implement them
This post was edited on 2/24/26 at 4:53 pm
Posted on 2/24/26 at 4:52 pm to Taxing Authority
But aren’t tariffs voluntary for the consumer? If we don’t like the cost, we don’t buy the product and buy something else?
Posted on 2/24/26 at 4:53 pm to Harry Caray
quote:
In 2014, the top 1 percent of taxpayers paid an average tax rate of 36.4 percent.
So that's fallen by 10.5% over the last decade? Doesn't seem great
The effective rate for the top 1% was not 36.4 in 2014, so no it hasn't fallen 10.5%.
Posted on 2/24/26 at 4:53 pm to Longhorn Actual
quote:
I can tell you how tariffs are handled in our business.
We are able to very marginally increase sales price, but we eat the vast majority of tariffs and our margins are reduced significantly because of it.
It's particularly painful because our primary raw material cannot be sourced domestically, so we have little choice in the matter. It's not like we can simply choose to "buy American."
All that said, I'm still not opposed to tariffs. There's a much bigger picture here that extends beyond our business. It's about more than just us.
well said. as i have mentioned in a few other threads, tariffs have their place and should be used when needed. and i am a business owner that is negatively affected by tariffs in a significant way.
and i can confirm that all of the tariff amounts are not passed on to the consumer. not sure why so many people just casually say this.
Posted on 2/24/26 at 4:59 pm to Taxing Authority
And where is this data from? How do we know that this is accurate and not some made up liberal CNN,MSDNC, CBS, ABC,NBC bs to gas light us? Either way tariffs are a good thing. We just need to have MASSIVE spending cuts which don't seem to be happening.
Posted on 2/24/26 at 5:07 pm to lsugolf1105
Just to give you an idea of the impact……
There’s a 4 day window starting today where there are 0% tariffs. We have about 30 containers with $6M worth of product on the water currently. By clearing all those containers tomorrow instead of next week when the tariff of 10% will be in effect, we save $600k. Crazy how much impact all of this uncertainty is causing.
There’s a 4 day window starting today where there are 0% tariffs. We have about 30 containers with $6M worth of product on the water currently. By clearing all those containers tomorrow instead of next week when the tariff of 10% will be in effect, we save $600k. Crazy how much impact all of this uncertainty is causing.
Posted on 2/24/26 at 5:11 pm to NC_Tigah
quote:And that’s a fair counter. I agree Congress has weakened itself over the years through dysfunction and by delegating away more and more of its authority. But I don’t think the answer to that problem is to cede even more power to the executive.
That is a very fair point. The counter is we do not have a functional Congress. A nonfunctional government branch creates a power void.
If Congress is hollowed out, the solution has to be institutional repair, not structural bypass. Otherwise we’re just normalizing the idea that when one branch underperforms, another should absorb its power. That may feel efficient in the short term, but it accelerates long-term imbalance.
I don’t pretend to have an easy fix for how Congress repairs the damage it has done to itself. Term limits would at least be a starting point to rotate true representatives back in, but realistically that’s unlikely to happen. The Constitution doesn’t impose them, and the people who would have to enact them are the ones who benefit from the current system.
For all the brilliance of the constitutional design, I think its most consequential weakness is the lack of congressional term limits.
Posted on 2/24/26 at 5:44 pm to Taxing Authority
Who pays for rampant and systematic fraud by Somalis in Minnesota? The benefits given to illegals? The hundreds of billions given overseas for condoms, drag shows, promotion of LGBTQ? The costly restrictions on emissions in the US while China continues to build coal fired plants with very little ftreatment of the pollution? Ohh… and don’t forget the interest accumulating adding to our national debt as we borrow more money to spend overseas..,
Yep, we taxpayers do.
Tariffs??? A drop in a fricking barrel.
Yep, we taxpayers do.
Tariffs??? A drop in a fricking barrel.
Posted on 2/24/26 at 6:06 pm to TenWheelsForJesus
quote:
We know. We've been telling you guys since the beginning, but you still push the "there is no good from tariffs" narrative. We've told you from the start what the benefits would be but you kept ignoring it and only focused on the cost increase.
Oh horseshiite. The pro tariff crowd has been the one group that has consistently obfuscated this simple fact. In fact, the case has been made by several pro tariff people that tariffs have ZERO economic consequences and only have positive effects on the economy.
Every single inflation report that was released was cheerleeded as evidence that tariffs cause no harm even when inflation trended back up over the summer.
We were told that tariffs could replace the income tax.
We were told foreign counties would pay the tariffs.
We were told companies would not pass the tariffs costs on if foreign countries didn’t pay the tariffs.
We were told that tariffs could “refinance” our debt.
We were told that tariffs were this unbelievably new thing in the world of economics.
Hell one of the Einsteins even tried to argue that Milton Friedman was advocating for tariffs late in his life.
But never once were we told that there would be an economic trade-off or that there would be adverse economic consequences of the tariffs or how they were implemented.
Never once were we told that job growth would be sluggish or that small business bankruptcies would be at there highest level since the 2008 recession.
Never once was the reality of removing $300 billion from the private sector discussed in a negative light.
Posted on 2/24/26 at 6:51 pm to TigeeDaleC
quote:
But aren’t tariffs voluntary for the consumer? If we don’t like the cost, we don’t buy the product and buy something else?
Most medical supplies are manufactured overseas.
Same with car and airplane parts.
Same with lots of raw materials, industrial equipment that is used to manufacture things here, etc., etc., etc.
Car and airplane parts affects the price of shipping and trucking (which increases the price of every thing you buy that has to be shipped, including food). Medical supplies affect the cost of health care. Raw materials affect whatever has to be built with them. Think housing (including the rental market).
Get it?
The answer to your question is no. You can't avoid them.
Posted on 2/24/26 at 6:52 pm to Taxing Authority
quote:
I’m not against them either, as long as they accomplish something. Unfortunately, all they seem to be doing, is collecting money for the government at the expense of business and consumers.
And it pissed off other countries that would have increased tariffs on their goods. It’s almost as if the impact of tariffs is more dynamic than who “pays” for them.
Posted on 2/24/26 at 7:34 pm to m2pro
quote:
It's a long-game, for sure.
The blame is on who outsourced all our labor and forced us to do so much importing of goods.
Those who sold us out many decades ago are to blame.
/\ THIS /\ is the problem
We've sacrificed too much of our production base for the cheap prices we can get from nations willing to sacrifice their workforce prosperity for the advantage they gain from making us dependent on them
Posted on 2/24/26 at 7:37 pm to Taxing Authority
It has exactly the same results as raising corporate taxes.
Posted on 2/24/26 at 7:40 pm to Harry Caray
quote:Tired saw. No one paid that rate. I'd happily swap todays top 39% marginal rate for the 91% rate with the same deductions, shelters, and income required to reach the top bracket. I'd pay less than I do now.
Know what the top income tax bracket was when "America was great" through the 1950s? 91%
Posted on 2/24/26 at 7:49 pm to Rodo
quote:How well wold "Middle America" be doing if the basics of life like clothes were 5-10x the cost?
Now, ask yourself who pays for free trade. Middle American labor pays the vast majority.
quote:Well if we don't trade with them they will remain poor. And we will not have the goods they produce because they'ld be unaffordable if produced domestically. Who wins?
You can't have free trade with countries that do not have your regulatory environment and standard of living.
Posted on 2/24/26 at 7:56 pm to Taxing Authority
quote:
Well if we don't trade with them they will remain poor. And we will not have the goods they produce because they'ld be unaffordable if produced domestically. Who wins?
Receipt of a cheaper product apparently has no redeeming quality
Page 3 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News