25% Tariff On LS500s

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Aug 8, 2025 | 09:55 AM

#31

PGA71

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From: CT

I think it will be fine.

The Government revenue is already increasing despite keeping taxes low and further lowering them.
Inflation from few years back has been mitigated.
Wars are ending.
The markets have never been higher.
Now cut interest rates and Let the good times roll!

Last edited by PGA71; Aug 8, 2025 at 09:56 AM.

Aug 8, 2025 | 12:22 PM

#32

Bigoofy

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From: NJ

I think it's far too early to be declaring 'victory'. The tariffs ARE a tax. And with the weekly changes, not one that can easily be planned for or anticipated. At some point corporation are going to begin passing them along to consumers as their forecasts become more accurate.

Aug 16, 2025 | 05:51 PM

#33

Lingus

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From: CT

Quote:

Originally Posted by Bigoofy

Nonsense

Aug 17, 2025 | 06:58 AM

#34

Bigoofy

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From: NJ

PPI bumped last week. The numbers tell the story. To be sure, tariffs are bad for a free economy. That's all tariffs. Including the ones in place prior to January.

Aug 17, 2025 | 07:49 AM

#35

Lingus

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From: CT

Quote:

Originally Posted by Bigoofy

PPI bumped last week. The numbers tell the story. To be sure, tariffs are bad for a free economy. That's all tariffs. Including the ones in place prior to January.

Nonsense

Aug 17, 2025 | 07:51 AM

#36

PGA71

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Quote:

Originally Posted by Bigoofy

PPI bumped last week. The numbers tell the story. To be sure, tariffs are bad for a free economy. That's all tariffs. Including the ones in place prior to January.

I get the concern about tariffs – no question they’re a drag on a free economy, regardless of who puts them in place. But I think the bigger long-term driver for growth and household well-being isn’t tariff tweaks, it’s tax policy that directly impacts workers’ take-home pay.

Making the income tax cuts permanent, combined with eliminating taxes on tips and overtime, is far more meaningful than marginal changes in trade policy. Here’s why:

Predictability matters. Permanent tax relief lets families and businesses plan ahead with confidence, rather than guessing what happens when cuts expire. That stability encourages investment and spending.
Direct impact on wages. No tax on tips and overtime is a pure boost to working- and middle-class earners. Unlike tariffs, which are basically hidden taxes through higher prices, this approach increases real take-home pay immediately.
Broader base effect. Tariff adjustments hit specific sectors, often in unpredictable ways. Tax policy, on the other hand, affects everyone across the board – it’s not a patchwork benefit, it’s systemic.
Multiplier effect. More disposable income circulates through the economy, boosting demand and helping small businesses thrive.

PPI bumped last week – sure, but wage-driven growth is far more sustainable than price distortions caused by tariffs. If the choice is between shaving a few points off tariff rates or permanently empowering earners through tax reform, the latter has the deeper, longer-term impact.