Tariffs Surprise - Personal Experience

Closed Thread
Thread Tools
  #76  
Old 02-13-2025, 05:15 PM
southpawct southpawct is offline
Junior Member
Join Date: Aug 2021
Posts: 10
Thanks: 29
Thanked 2 Times in 2 Posts
Send a message via AIM to southpawct
Default Tariff

Why in the world would you order from the company on line, when you can buy it already here?
  #77  
Old 02-13-2025, 05:16 PM
DAVES DAVES is offline
Sage
Join Date: Feb 2014
Posts: 3,535
Thanks: 196
Thanked 1,920 Times in 984 Posts
Default

Quote:
Originally Posted by Cliff Fr View Post
We used to grow avocados here in Florida until so many people moved here
The Villages, Lady Lake area was a huge grower of water melons and citrus. Far as avocados, they have become a fad. The trees grow large and I think you need a male and a female.
  #78  
Old 02-13-2025, 06:49 PM
CFrance's Avatar
CFrance CFrance is offline
Sage
Join Date: Dec 2011
Location: Tamarind Grove/Monpazier, France
Posts: 14,640
Thanks: 389
Thanked 2,057 Times in 842 Posts
Default

Quote:
Originally Posted by justjim View Post
Tariffs are mostly “smoke and mirrors” and so are the so called federal employees buyout and layoffs. All sounds good and plays with a lot of Americans. However, you have to look at the Federal Budget closer to see where the most money is spent. It’s Defense programs and Entitlement programs such as S.S. and Medicare. It appears that most don’t want to touch the “entitlement programs”. The Defense Department is a slippery slope also. We cannot afford to let our military down. With inability to reduce the budget significantly and reduction of taxes being proposed we will be adding significantly to the deficit. Does anybody care about the deficit our children and grandchildren are going to face in the not too distant future? Fore.
I think you mean deficit, although there surely is a lot of defect apparent.
__________________
It's harder to hate close up.
  #79  
Old 02-13-2025, 08:28 PM
Normal's Avatar
Normal Normal is online now
Soaring Eagle member
Join Date: Jun 2021
Location: Earth
Posts: 2,349
Thanks: 5,132
Thanked 1,751 Times in 848 Posts
Default You can’t cut SS

Quote:
Originally Posted by justjim View Post
Tariffs are mostly “smoke and mirrors” and so are the so called federal employees buyout and layoffs. All sounds good and plays with a lot of Americans. However, you have to look at the Federal Budget closer to see where the most money is spent. It’s Defense programs and Entitlement programs such as S.S. and Medicare. It appears that most don’t want to touch the “entitlement programs”. The Defense Department is a slippery slope also. We cannot afford to let our military down. With inability to reduce the budget significantly and reduction of taxes being proposed we will be adding significantly to the deficit. Does anybody care about the deficit our children and grandchildren are going to face in the not too distant future? Fore.
Money spent….entitlements.

Social Security funds were loaned by all of us to the US government for safe keeping and interest baring purposes. The funds need to be paid back to all who loaned their money in good faith to the US government under the guise of Social Security. I’m not really sure how the government could ever get by with saying they can’t pay us back just because they misspent the funds. The credibility of the US government, its finances and the dollar would collapse if payments were stopped. There are a few outs where payments could be stopped, those payments to any SSI recipients who hadn’t worked. You can call it an entitlement or whatever you like. The money is owed to those that loaned part of their income to the US government.

There basically wouldn’t be a US government if payments collapsed to the SS workers who loaned their money out to the government. The credit of the US, the dollar and everything else required for a government would fail.
__________________
Everywhere

“ Hope Smiles from the threshold of the year to come, Whispering 'it will be happier'.”—-Tennyson

Borta bra men hemma bäst
  #80  
Old 02-13-2025, 08:30 PM
GoRedSox! GoRedSox! is offline
Senior Member
Join Date: Feb 2023
Posts: 194
Thanks: 74
Thanked 248 Times in 87 Posts
Default

Quote:
Originally Posted by Unruly View Post
If you buy American goods instead of Chinese crap there's no tariff. Simple fix for tariffs...
The only way I can respond to this is: Look around your house. Let's start in the closets. If you are like most people, you will be hard pressed to find anything made in the USA. LL Bean even went overseas. Shirts, pants, shoes, socks, underwear, coats, sweaters....maybe some folks have some, but many, many families in this country don't have any articles of clothing made in the USA. Let's now go to appliances, microwave, dishwasher, washer and dryer, refrigerator....how many are made here in the USA? My Whirlpool appliances in my Villages house....made in China and most appliances are not made here. TV's, sound equipment...most made in China...I'm not sure if any TV's are made here anymore. Cars? 50% not made here. Our cellphones? Nope, not made here.

My point is that it's not so easy to just buy American. The experts said that widespread 25% tariffs on China would cost the average American household $3,900 per year. The margins are not big enough on this stuff for the manufacturer to swallow the tariffs. They will be largely paid by the American consumer, just like a tax on these goods.
  #81  
Old 02-13-2025, 08:35 PM
Bill14564 Bill14564 is offline
Sage
Join Date: Nov 2020
Location: Village of Hillsborough
Posts: 6,810
Thanks: 2,090
Thanked 7,255 Times in 2,829 Posts
Default

Quote:
Originally Posted by Normal View Post
Money spent….entitlements.
……
Nice essay but SS taxes are not loans to the Govt. SS taxes are taxes that fund Govt payments according to a set of rules. When necessary, the rules can change and payments adjusted accordingly.
__________________
Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works.
Confirmation bias is real; I can find any number of articles that say so.


Victor, NY
Randallstown, MD
Yakima, WA
Stevensville, MD
Village of Hillsborough
  #82  
Old 02-13-2025, 08:46 PM
Normal's Avatar
Normal Normal is online now
Soaring Eagle member
Join Date: Jun 2021
Location: Earth
Posts: 2,349
Thanks: 5,132
Thanked 1,751 Times in 848 Posts
Default Federal Income Tax

Quote:
Originally Posted by Bill14564 View Post
Nice essay but SS taxes are not loans to the Govt. SS taxes are taxes that fund Govt payments according to a set of rules. When necessary, the rules can change and payments adjusted accordingly.
Federal income tax is a tax. Social security is a different deduction unless you have a job where the state ( ie. Ohio teachers) has their own pension investment program. Unfortunately, you even pay a tax on the Social Security you receive. So we are paying taxes on our tax?
__________________
Everywhere

“ Hope Smiles from the threshold of the year to come, Whispering 'it will be happier'.”—-Tennyson

Borta bra men hemma bäst
  #83  
Old 02-13-2025, 08:52 PM
Bill14564 Bill14564 is offline
Sage
Join Date: Nov 2020
Location: Village of Hillsborough
Posts: 6,810
Thanks: 2,090
Thanked 7,255 Times in 2,829 Posts
Default

Quote:
Originally Posted by Normal View Post
Federal income tax is a tax. Social security is a different deduction unless you have a job where the state ( ie. Ohio teachers) has their own pension investment program. Unfortunately, you even pay a tax on the Social Security you receive. So we are paying taxes on our tax?
SS is a tax.

Yes, you pay taxes on up to 85% of the retirement income provided by SS depending on how much additional income you have.
__________________
Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works.
Confirmation bias is real; I can find any number of articles that say so.


Victor, NY
Randallstown, MD
Yakima, WA
Stevensville, MD
Village of Hillsborough
  #84  
Old 02-13-2025, 09:26 PM
FloridaGuy66 FloridaGuy66 is offline
Senior Member
Join Date: Jul 2024
Posts: 251
Thanks: 3
Thanked 243 Times in 110 Posts
Default

Quote:
Originally Posted by defrey12 View Post
Simple solution: BUY AMERICAN. The pain we feel now will ensure our grandchildren have a future.
That's not a viable solution. First of all, the raw materials for many things cannot be sourced all in the US and it's not cost effective to import these raw materials here and then find people to work for minimum wage to produce the item at a competitive price. Factories here won't operate at a loss just to be patriotic.

It's simply cheaper and more efficient to have many things produced offshore. Otherwise, the price of almost EVERYTHING will go up. That will really put our grandchildren in a bad position with everything costing more and wages not going up at all.
  #85  
Old 02-13-2025, 09:34 PM
FloridaGuy66 FloridaGuy66 is offline
Senior Member
Join Date: Jul 2024
Posts: 251
Thanks: 3
Thanked 243 Times in 110 Posts
Default

Quote:
Originally Posted by GoRedSox! View Post
The only way I can respond to this is: Look around your house. Let's start in the closets. If you are like most people, you will be hard pressed to find anything made in the USA. LL Bean even went overseas. Shirts, pants, shoes, socks, underwear, coats, sweaters....maybe some folks have some, but many, many families in this country don't have any articles of clothing made in the USA. Let's now go to appliances, microwave, dishwasher, washer and dryer, refrigerator....how many are made here in the USA? My Whirlpool appliances in my Villages house....made in China and most appliances are not made here. TV's, sound equipment...most made in China...I'm not sure if any TV's are made here anymore. Cars? 50% not made here. Our cellphones? Nope, not made here.
I think some people in the US that aren't well travelled don't understand this at all. We don't have even 5% of the population to open all of these theoretical factories to make all of this stuff. Plus 99% of this stuff is being made by people making lower wages. These are the jobs we DON'T want in the US!
  #86  
Old 02-13-2025, 10:47 PM
MorTech MorTech is offline
Platinum member
Join Date: Jan 2017
Posts: 1,640
Thanks: 0
Thanked 547 Times in 338 Posts
Default

Figure you spent $105 on that charger delivered. It is still cheaper than buying overpriced American junk. The $15 UPS tax collection fee seems a little high but collecting taxes for the State ain't free.
  #87  
Old 02-14-2025, 04:29 AM
Cuervo Cuervo is offline
Senior Member
Join Date: Mar 2014
Posts: 297
Thanks: 0
Thanked 250 Times in 136 Posts
Default

There is a giant wage disparity between many countries and the United States and companies in this country will take full advantage of it. To believe these companies because of 25% tariff will come rushing back to the U.S. is a dream. Even at a 25% rate it still more profitable to farm out the work offshore. Also, these companies are not going suffer financially from any of the tariffs, because they will pass it on to the consumer.
An example is Apple, do you really believe if you put a 25% tariff on their phones, they are going to start making them here.
  #88  
Old 02-14-2025, 06:49 AM
mikempp mikempp is offline
Senior Member
Join Date: Sep 2010
Posts: 109
Thanks: 58
Thanked 59 Times in 28 Posts
Default

Quote:
Originally Posted by Cuervo View Post
When it comes to tariffs the majority of the economist stand firm that the burden will fall on the American people and will start an economic battle that all parties will suffer. Look for those who have doubts this is even the beliefs of the Wall Street Journal, who main interest is the stability of the U.S financial markets.
So your solution is ship the jobs to China so you save $15?
  #89  
Old 02-14-2025, 07:01 AM
Bill14564 Bill14564 is offline
Sage
Join Date: Nov 2020
Location: Village of Hillsborough
Posts: 6,810
Thanks: 2,090
Thanked 7,255 Times in 2,829 Posts
Default

Quote:
Originally Posted by mikempp View Post
So your solution is ship the jobs to China so you save $15?
For the most part, that ship has already sailed.

Tariffs on manufactured goods *might* be explained as a means to bring jobs back to the US. If we can tax the foreign-made goods to the point they are more expensive than American-made then perhaps consumers will choose to buy American. To be successful this requires there to be American-made goods to buy and it depends on the American manufacturer to not see this as an opportunity to increase their prices.

Tariffs on parts and components (integrated chips, steel, aluminum, etc) will increase the cost to manufacture items in America and therefore increase the price of American-made goods. Sure, it *might* be possible to rebuild the US steel industry but not quickly and the price of the steel produced will still be higher than the pre-tariff price (otherwise we would already be making that steel here). So again, prices to Americans will go up.

Is America willing to pay more to support American products, American jobs, and the American economy? Not voluntarily and not happily. Americans will notice the higher prices and the resulting higher inflation numbers.
__________________
Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works.
Confirmation bias is real; I can find any number of articles that say so.


Victor, NY
Randallstown, MD
Yakima, WA
Stevensville, MD
Village of Hillsborough
  #90  
Old 02-14-2025, 07:34 AM
Normal's Avatar
Normal Normal is online now
Soaring Eagle member
Join Date: Jun 2021
Location: Earth
Posts: 2,349
Thanks: 5,132
Thanked 1,751 Times in 848 Posts
Default Made in Japan

Tariffs did fix a problem we had in the 60s when everything seemed to be labeled, “Made in Japan”.
__________________
Everywhere

“ Hope Smiles from the threshold of the year to come, Whispering 'it will be happier'.”—-Tennyson

Borta bra men hemma bäst
Closed Thread

Tags
ups, $15, tariff, charger, companies


You are viewing a new design of the TOTV site. Click here to revert to the old version.

All times are GMT -5. The time now is 11:58 AM.