The Supreme Court on Friday ruled that President Donald Trump violated federal law when he unilaterally imposed sweeping tariffs across the globe, a striking loss for the White House on an issue that has been central to the president’s foreign policy and economic agenda.
There are already lawsuits filed for refunds of tariff payments. Of course the money will go to the companies that made the payments. All of us who actually paid them by paying more for basically every consumer good are out of luck.
Companies that made the payments already sold their rights to this refunds to investment funds for cents on the dollar. Now the funds will make shitload of money. And guess who invested in all of it? Yes, people connected to Trump!
https://www.wired.com/story/cantor-fitzgerald-trump-tariff-refunds/
They straight out robbed everyone.
Anyone else would avoid a conflict of interest. They just looke to monetize it
This explains the sc decision. The billionaires bribed them to make bank with these refund investments.
Lmfao of course they had something like this set up
I posted this link before. Sometimes I feel like not everyone here is reading my comments.
I must have missed it - I try to take breaks from doomscrolling occasionally 😛
Wealth transfer from labor to the ownership class.
Yup. This is exactly what these tariffs did.
This was the highest tax increase on the American people in decades. And MAGA idiots cheered the entire time they lost money. Fuck all of them.
Sounds like the system is working as intended.
Hah! It gets better than that.
We are going to have to pay again in taxes to make up for the new shortfall.
Yeah, it is kind of like seeing you car that was stolen on the news being returned to the person who resold it from the person who stole your car.
Justice!
It this were a proper, well regulated capitalist marketplace with actual competition, the company that sold you the widget might offer you a rebate on your next order so that they could keep your business. But, when your only real option is Amazon, they know you’re not going anywhere, so they’ll keep the tariff repayment and just wait for your next order.
And people are delusional if they think these prices will go back down.
Really excited for the Transparent Wealth Transfer Act of 2026.
It’s always a win win for the wealthy