Tariffs
I am pretty sure most of you have bought your own plane ticket for a trip. You probably used one of the websites that allows you to view available flights from various carriers. The airlines have learned that travelers, once they put in their destinations and dates,...
The US Supreme Court has now delayed its announcement of a decision on the tariff issue for almost 2 weeks. Why has there been a delay? This is pure speculation on my part, but here goes anyway… I think there are a couple of reasons why a decision that appears to...
COULD TARIFFS REPLACE THE INCOME TAX? In 1913 the 16th Amendment to the Constitution was passed, allowing for Congress to establish an income tax. Immediately, a bill was passed and enacted with a Progressive Tax, leveling higher rates on those who could better...
An adult male who is 5’ 8” tall and weighs 205 lbs. has a BMI (Body Mass Index) of over 31 and is considered morbidly obese. If he gains another 10 lbs. over a year, his BMI goes up to 33. Terrible! Unless he is R.J. Harvey, the running back for the Denver Broncos. ...
WHAT WILL THE US GOVERNMENT DO WITH THESE COLLECTED TARIFFS? The tariffs paid by the US Import Companies will amount to hundreds of billions of dollars. This is money paid by US companies directly to the US government. Those US companies will either lose money by...
What would you do? Assume you own a company that manufactures products overseas. You may even own the factory, have invested millions of dollars in the building and equipment. You make products that customers import to the US for sales to US consumers. You may be...
Properties under development with the Trump Organization
Let’s say that you owned a fast-food franchise that sold burgers and fries. Let’s say you owned a stable of those franchises, hundreds or thousands. T The President posts a note saying “The fast-food industry has been ripping off the American consumer for years. ...