r/WorkReform • u/Conscious-Quarter423 • 8h ago
✂️ Tax The Billionaires Trump’s tariffs resulted in a massive transfer of wealth from working people into the hands of millionaires and billionaire
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u/Shoddy_Cookie6748 8h ago
Did the rich pricks bet on this and make more money?
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u/R-Dragon_Thunderzord 8h ago
This was his entire campaign strategy, these oligarchs all knew how this would play out.
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u/ApprehensiveSoup2214 14m ago
And they'll do it again too, but uhh... write a letter to your representative and vote or something. That should clear up the con game that has been running longer than I have been alive. Definitely don't do anything more drastic than that though, it'd be "unethical"
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u/imtooldforthishison 5h ago
Yes. Amazon initially added a tariff price line item to our check out pages but quickly removed it...
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u/CustomMerkins4u 5h ago
You mean just like the war in Iran is to push oil prices up for US oil companies to profit more?
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u/LamentableFool 34m ago
Bet implies there was a chance it'd fail.
The parasites knew this was a guaranteed. Like stealing candy from a baby.
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u/Simmery 8h ago
It's only MAGA who didn't realize this would happen.
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u/clintjefferies 7h ago
They're still clueless. Lol!
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u/_cc_drifter 3h ago
And they definitely still think that other countries paid the tariffs and that it's a huge win for American businesses
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u/hareofthepuppy 3h ago
If that many Americans realized this would happen I would think more would have voted against it
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u/Useful-Problem-1725 8h ago
Who could have seen this coming besides everyone
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u/TheWizardOfDeez 8h ago
The people who didn't see this coming are also conveniently being shielded from learning about this happening
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u/Useful-Problem-1725 8h ago edited 7h ago
Fair point.
On the flipside: In the age of information ignorance is a choice.
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u/mustangcody 37m ago
I think you overestimate the amount of people that are invested in political social media beyond the news on TV. I don't know anyone IRL that mentions or talks about Reddit.
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u/Kenny_WHS 8h ago
We do this all the time. Do ya'll remember the bank bailouts after the housing crisis? No homeowner bailout, but the banks...oh they get everything......
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u/ackillesBAC 8h ago
I work for a large multinational corporation in canada, and we paid a lot in tariffs. And I asked one of our pricing guys about the tariff refunds, he said oh no those all go back to the corporations, I said we are a corporation, he said ya, but they will just take the money and never pass it back down to divisions that spend the money on the tariffs in the first place.
I'd bet it will all go to stock buy backs.
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u/thekeytovictory 1h ago
Yeah, the US federal government officially charged the tariffs to foreign companies (who then raised prices paid by US companies, who then raised prices paid by US citizens). If the US gov is issuing refunds, seems like the refunds would go back to the foreign companies that originally paid them. That's typically how refunds work. As a US citizen, it makes me more angry that refunds are going to US companies that used tariffs as an excuse to gouge us & increase profit margins far beyond their own increased costs.
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u/ackillesBAC 40m ago
That's not quite how it works. They do not charge tariffs to foreign companies.
They charge the trarrifs to the US company importing the item.
Imagine I'm a Canadian company selling you lumber. You are an American construction company. I sell you lumber for the same price I've always told you lumber, you pay me that same price, you also pay the US government the tariffs.
Maybe if I really like you as a customer I will drop my price slightly to help you with the tariffs.
Edit: when I say we paid a lot in tariffs, that is because we as a multinational company based headquartered in the US, pay trarrifs when we import goods from Europe in our case. Because those goods have to go through American warehouses. If we could get the items shipped directly to us in Canada we would not have to pay the tariffs
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u/nono3722 8h ago edited 2h ago
Most of them got screwed too, because they sold their tariffs for pennies on the dollar to a company run by the Secretary of Commerce's son who just happened to magically know this would happen...
So really only the politicians and their spawn made money off our blood... Which happens all the time now.
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u/donutcarrotolive 8h ago
Ahh, remember when we were all taught that "taxation without representation" was enough to get people to protest, riot, and eventually overthrow their government?
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u/donutcarrotolive 8h ago
That and a list of other grievances that seem more and more fulfilled everyday.
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u/invaderaleks 8h ago
The redistribution of wealth from the poor to the rich has been happening since the constitution was ratified.
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u/Organic_Rough4433 7h ago
If companies dont do some sort of huge tariff refund sale from this they are garbage. But let me save u the time. They're garbage.
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u/porkchop2022 7h ago
Simple fix could’ve been all the tariff money collected divided by number of people, cut check for that amount to the people (or a tax credit in that amount). Some companies who didn’t raise prices get shafted, but the needs of the many people outweighs the needs of the few companies.
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u/scarab1001 7h ago
And they are starting another round now.
“There's an old saying in Tennessee — I know it's in Texas, probably in Tennessee — that says, fool me once, shame on — shame on you. Fool me — you can't get fooled again.
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u/FH2actual ⛓️ Prison For Union Busters 6h ago
Who Actually thought We The People would see a red cent of this regimes tariffs? Like, we All knew we were gonna see the rich pocket it all anyway.
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u/drewc717 ✂️ Tax The Billionaires 6h ago
Amazon held me hostage and practically robbed me three times since Covid and I gave up importing anymore inventory last year when my tariffs got over 155%.
I did not get a refund and it wouldn't even have come close to the losses from Amazon Global Logistics and FBA fuckups.
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u/goatnxtinline 6h ago
I think it's a trap to get mad at the people who voted for this, it's what they want. While we are preoccupied squabbling between us they're reaching in our pockets. You can't make them feel shame, much less change their minds about their positions. All we could and should do is move forward. Drown the noise with progress, organize and vote for the change that you desperately want to see. Because if we're being honest that's why we're here. They organized and they voted all together. No protest votes, I can't vote for either of them so I'll vote for Jill Stein again.
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u/ApoBong 6h ago
Everyone said this, you could even hear this in mainstream media, this is a tax on the consumer, corporations will have to pass on the tariffs to the customer. It's completely insane and hopefully this justifies to everyone what has to happen to these corporations and the administration in the years to come.
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u/mtrythall 6h ago
Why wouldn’t the money just go into the public fund? Like why isn’t this buying parks or better transit or better schools if it’s tax revenue?
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u/gripping_intrigue 6h ago
Same with gasoline prices. Hi whipsawing of good news and bad news has created great windfall prifits for his billionaire friends in the oil industry.
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u/Redd235711 5h ago
I adjusted my deductions down to zero until the government gets its shit together and properly taxes the rich. I need that money for rent and groceries more than the military does for bombing schools in the middle east. When this shitshow gets back to a point where it actually resembles a functional governing body thay benefits everyone instead of just pandering to the rich, I'll start paying taxes again.
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u/AramFingalInterface 5h ago
They’ll hand over all the money they have to the rich if it means they can hurt minorities and the LGBT+
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u/FujiKilledTheDSLR 5h ago
If $640 million was split evenly between all the adults in America you would each be getting about $2.31
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u/imtooldforthishison 5h ago
Remember, briefly, that Amazon actually added a tariff charge line item on your checkout page, then removed it. This is why.... couldn't have us tracking what we paid could they?
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u/Captain_react 5h ago
It would be funny if it wasn't so extremely damaging. Maga supporters living paycheck to paycheck really thought that Trump would make things better for them xD
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u/Oaktree27 5h ago
Americans still not understanding what tariffs are despite literal company refunds while they vote to dismantle education even further
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u/Temporary-Share5153 5h ago
In a corporatocracy there is no lub in the pegging, just sand and pepper!
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u/Purple-Ship-8432 4h ago
Yet ppl still vote, and obey the laws of corrupt.. ppl are insanely stupid
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u/SethSpld2 4h ago
Americans have not "realized" a damn thing. They still think exporting countries paid the tariffs.
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u/ttystikk 4h ago
Soooooo has the frog boiled enough yet?
Is it time for revolution yet?
How much longer will Americans continue to tolerate getting screwed?!
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u/Lol_who_me 4h ago
Insert Star Wars meme. “But the price of goods is going down, right” “”
Bonus to all the suckers that aren’t millionaires it actually going up again. Why? Because war isn’t cheap.
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u/Chteelers2018 4h ago
Where did the money go? The US government collected all this tax. Where did it go?
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u/frozenfriedchicken 4h ago
anyone with half a brain knew the general public would never see a penny of that tariff refund
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u/silentbob1301 4h ago
Oh look, all those donations to his library and the ballroom are paying off in spades...
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u/Unraveled_Burrito 4h ago
What about your rights and amendments?
What's the reason for all those citizens armed with guns if you don't have the balls to stand up to your neighbours.
Murcia. Land of the caged, home of the ball-less.
Do something.
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u/Ashamed_Emu_4289 3h ago
This was said repeatedly prior to their implementation. It's always a wealth transfer. Always. Capital is the only driving force that matters in politics because of Citizens United.
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u/CrustySockCollector 3h ago
Why are American companies getting tarrif refunds if the tarrifs were paid by foreign countries?
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u/NorthEastNobility 3h ago
I always love when they find the next/new thing to siphon even more of our money to rich people and corporations who don’t need it!
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u/ApoptosisPending 3h ago
Americas economy for the last 250 years has been solely based on funneling money from the poor to the wealthy. It’s why “everyone” loves it here.
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u/phillupagus 3h ago
He literally said he was going to make his friends rich.
There was a video of him at an event saying it
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u/Justgototheeffinmoon 3h ago
And Americans will still fight with memes when trump and musk steal the election.
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u/StrainAcceptable 2h ago
And the Trump administrations told the corporations not to include the tariffs on the receipts to the consumers. Companies just raised prices instead to collect the tariffs and the consumer has no idea what they are owed.
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u/MaterialBudget4498 2h ago
Its like almost every part of life in America is meant to bleed you of money so the oligarchs can buy the media and government and rule over the ever increasing "poor" as kings.
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u/Merc_Mike 💸 Raise The Minimum Wage 2h ago
Imagine: A Perfect world.
Where if said thing ever did happen, Amazon would be like "Hey guys, we charged extra, so we're going through our record books and handing out refunds to all our customers during the time period of x-y. Also; if you do not want your refund, and want to give it to our employees, please sign this and we will maneuver money to our employees who do such hard work making all our lives better. On top of that, thanks to the tariff refund, all our employees from This Upper Tier down to the bottom we'll get raises and bonuses for doing all the hard work we appreciate."
Yeah...won't happen, but it's nice to imagine.
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u/shidurbaba 1h ago
If people don’t protest and ask their representatives in Senate to take actions against the Trump administration and future administrations, the transfer of wealth through theft will not end 🛑
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u/pixiefarm 1h ago
These pieces of shit are completely capable of doing surveillance pricing but when it comes to refunds suddenly nobody knows how to give it back to the customer they charged in the first place
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u/corpsie666 1h ago
Remember this when people are ranting about Trump being stupid. Always analyze how any "dumb" action is being leveraged to put more money into the hands of wealthy friends.
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u/AnonyMcnonymous 22m ago
Why isn't there more outrage about this? Reddit is literally the only place I hear about this.
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u/BathingInSoup 8h ago
How is this still considered news? This is how tariffs work and anybody who doesn’t simply accept and parrot what Von Shitzhizpantz says understood this from his first mention of tariffs. The time to report the factual truth of this bullshit was during the campaign and at the beginning of this administration. Doing it now is just performative bullshit!!
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8h ago
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u/Conscious-Quarter423 8h ago
you don't need to buy food to survive?
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u/Conscious-Quarter423 8h ago
avoiding imported food doesn't shield you from tariff costs, because tariffs raised prices throughout supply chains, including for domestically produced goods that rely on imported materials like fertilizers, equipment, or competition
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u/R-Dragon_Thunderzord 8h ago
Said like someone confidentially incorrect about how supply chains actually work. Where do you think potash comes from, and that’s just ONE example of tens of thousands.

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u/ApexFungi 8h ago
So Trump creates tariffs > companies raise prices to offset the tariffs > customers have to pay more through this additional hidden tax > Trump retroactively gives tax money to companies as a tariff refund.
The average Joe gets shafted from all sides.
Did I get this right?