QP!
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As Tariffs are paid back by the government corporate profits surge. Somehow the Trump admin IS NOT paying the taxes back, as ordered by the SC to China and the other countries he said paid all of them and instead he is sending them to US corporations as if their customers paid ALL OF THEM.
And if you think they will use these to lower prices instead of just juicing profits, please DM as i have a bridge to sell you.
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..."And there isn’t really a legal obligation to reduce prices, if costs decrease later, in our free market,” said Jonathan Shub, co-founder of the class-action law firm Shub Johns & Holbrook LLP, in a Marketplace interview earlier this year....
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.
.
.
As Tariffs are paid back by the government corporate profits surge. Somehow the Trump admin IS NOT paying the taxes back, as ordered by the SC to China and the other countries he said paid all of them and instead he is sending them to US corporations as if their customers paid ALL OF THEM.
And if you think they will use these to lower prices instead of just juicing profits, please DM as i have a bridge to sell you.
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Tariff Refunds Contribute To Record-Setting Corporate Profit Boost
Key Takeaways
- U.S. corporations earned record profits in the second quarter.
- Tariff refunds may be skewing economic data, making the U.S. corporate sector seem more profitable than it really is.
- Companies are also raising prices without raising wages for their workforces, further contributing to the profit boom.
Here's what companies like Walmart and Amazon say they're doing with their tariff refunds
Some are lowering prices, while others are using the money to offset costs...."And there isn’t really a legal obligation to reduce prices, if costs decrease later, in our free market,” said Jonathan Shub, co-founder of the class-action law firm Shub Johns & Holbrook LLP, in a Marketplace interview earlier this year....
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