25% tariff on goods coming in from Mexico announced

Discussion in 'Wall St. News' started by Cuddles, May 30, 2019.

  1. maxinger

    maxinger

    #31     May 31, 2019
  2. Cuddles

    Cuddles

    eh...should've hit back in kind (threat of retaliatory tariffs matching dollar/dollar)
     
    #32     May 31, 2019
    comagnum likes this.
  3. Cuddles

    Cuddles

    no one predicted a Trump win i reckon
     
    #33     May 31, 2019
  4. Mostly likely. The Mexico president, a self-claimed nationalist, is not someone to push around.
     
    #34     May 31, 2019
  5. Palindrome

    Palindrome

    My taxes on my house are $16,000/year.... 1 in 11 households in my town house illegal immigrants.

    Hopefully my taxes will stop rising.
     
    #35     May 31, 2019
    smallfil likes this.
  6. I did, I sent a MAGA hat to a woman I was dating at the time before the election and even though we're not dating, I still send her one every year.

    What the fuck do you live in, a gold plated mansion?
     
    #36     May 31, 2019
  7. DaveV

    DaveV

    I think you may looking at the wrong problem. Assuming that 9% (i.e. 1 in 11) of your town's resource go to paying for services to illegal immigrants that is costing you approximately $1,454 per year. When Trump and the Republican Congress changed the tax laws so that you can only deduct a maximum of $10,000 on your IRS taxes, and assuming you are in the 24% tax bracket, that is costing you at least $1,440 per year (($16,000 - $10,000) * 24%). Plus several thousand more per year if you are in a higher than 24% tax bracket, or pay state income taxes for which you now have $0 deduction from the IRS since your $16,000 already exceeds the $10,000 limit.
     
    #37     May 31, 2019
    apdxyk and Cuddles like this.
  8. tommcginnis

    tommcginnis

    The thing is, it's actually refining of available ores. The three global hot spots are U.S., China, and Africa -- we were actually shipping *our* ore to China for refinement.

    In the meantime, there is now a fourth area -- the shallows of the South China Sea -- in areas controlled by Japan, Vietnam, the Philippines, and increasingly {but furthest from home} China. Whoa! Keep that in mind when we're arguing with Japan: right off their shores are very valuable, rather toxic, necessities.
     
    #38     May 31, 2019
  9. newwurldmn

    newwurldmn

    While the US talks about America first, China is busy buying up Africa.


     
    #39     May 31, 2019
    tommcginnis likes this.
  10. Cuddles

    Cuddles

    [​IMG]
     
    #40     May 31, 2019