There's a small deadweight loss but it increases government revenue. Tariffs increase taxes by zero though.
by definition a tariff is a tax. A tariff is a tax on american companies.
I swear to Buffet that if Bernie Sanders were president and he came out for tariffs, Republicans would be opposed to them on principle as a tax increase.
This post was edited 23 seconds after it was posted.
by definition a tariff is a tax. A tariff is a tax on american companies.
I swear to Buffet that if Bernie Sanders were president and he came out for tariffs, Republicans would be opposed to them on principle as a tax increase.
Well, the last Administration thru stupidly inflationary money printing and unhinged spending created a 10-20% tax that will likely be with us for a decade. And I am not defending the stupid stuff the Republicans pushed in the previous Administration. Unfortunately leadership is non-existent at almost every level of government.
Jake Lerch, The Motley Fool August 18, 2024 4 min read 13 In This Article: ^GSPC -0.22% On Tuesday, July 16, 2024, the S&P 500 closed at a new all-time high of 5,667. In my opinion, that was it right there. The top is in; the benchmark index will not close above that level again in 2024.
Double nope. Listen to the wrongly placed confidence in this tweet.
Andy Constan @dampedspring I have made fun of the crowds at soft landing island. Today markets are entering the new year in uncharted territory. I see no safe passage for assets. Not even a soft landing makes sense for balanced portfolios of short term bonds, TIPS, long term bonds, stocks and gold. One or more of these holdings will wipe out the gains in others.
One reason @saylor filed for a $MSTR preferred is he has overwhelmed demand for the convertible bonds (that said convertible preferreds are bought by 90% of the same investors)
Let me show you. The Blue line represents whether a convertible arbitrage investor is making money or… pic.twitter.com/7c1YkLhfXq
guy I grew up with has been with Nvidia for a decade or more...good lord that guy must be rich now. Always was one of the 2-3 smartest people I knew as a child, so well-deserved.
guy I grew up with has been with Nvidia for a decade or more...good lord that guy must be rich now. Always was one of the 2-3 smartest people I knew as a child, so well-deserved.
I've been in Nvidia since $6 per share, but I can't claim to be very smart. Just lucky, I guess.
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