
TheAppletons
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Everything posted by TheAppletons
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Trump Starts Global Tariff Wall, Thailand Hit with 36% Tax
TheAppletons replied to webfact's topic in Thailand News
From the Wall Street Journal: "There will certainly be higher costs for American consumers and businesses. Tariffs are taxes, and when you tax something you get less of it. Car prices will rise by thousands of dollars, including those made in America. Mr. Trump is making a deliberate decision to transfer wealth from consumers to businesses and workers protected from competition behind high tariff walls." and "Over time this will mean the gradual erosion of U.S. competitiveness. Tariffs that blunt competition invite monopoly profits while reducing the need to innovate. This is the story of the American steel and car industries in the 1950s and 1960s before global competition exposed their deficiencies." https://www.wsj.com/opinion/donald-trump-liberation-day-tariffs-protectionism-82d0aa3a -
Correct. I should have more accurately stated that the minimum part B payment is $185/month.
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Trump Starts Global Tariff Wall, Thailand Hit with 36% Tax
TheAppletons replied to webfact's topic in Thailand News
"If President Donald Trump maintains the massive tariffs he announced today, his unprecedented trade policies will probably cause both the US and global economies to fall into a recession in 2025, JPMorgan analysts said in a note to investors." and JPMorgan noted that the tariffs would hike taxes on Americans by $660 billion a year, the largest tax increase in recent memory by a longshot. It will cause prices to surge, too, adding 2% to the Consumer Price Index, a measure of US inflation that has struggled to come back down to earth in recent years." https://www.cnn.com/business/live-news/tariffs-trump-news-04-02-25/index.html -
Trump Starts Global Tariff Wall, Thailand Hit with 36% Tax
TheAppletons replied to webfact's topic in Thailand News
They didn't actually calculate tariff rates + non-tariff barriers, as they say they did. Instead, for every country, they just took the trade deficit with that country and divided it by the country's exports to the USA. So there's a $17.9 billion trade deficit with Indonesia. Its exports to the US are $28 billion. $17.9/$28 = 64%, which Trump claims is the tariff rate Indonesia charges the US. (The math works for every country, btw.) What extraordinary nonsense this is. -
Have you recently turned 65 and are now paying a Medicare part B premium (which is auto-deducted from your monthly Social Security payment)? Medicare part B is $185/month in 2025, I think.
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The most incompetant US admin in history has been elected
TheAppletons replied to 3NUMBAS's topic in Political Soapbox
Nope, not able. -
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That's what she said.
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Congratulations. You win the internet today for the most ridiculous post. Maybe ever. Yes, the CIA, FBI, NSA, and MOSSAD all forced these fools to post classified war plans to a journalist. Put down the bong, hightimes.
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The most incompetant US admin in history has been elected
TheAppletons replied to 3NUMBAS's topic in Political Soapbox
Economist Paul Krugman, former professor at MIT and Princeton, says the Administration is incompetent and evil: "So the disaster reflected both stupidity and bad intentions. And the same is true of other ongoing disasters, including the shockingly rapid collapse of the Social Security Administration. As I hope you’re aware, Elon Musk’s DOGE, which is supposedly rooting out fraud and waste, has made Social Security a special target. Musk has done this even though it’s one of the federal government’s cleanest, most efficient programs, and has done an immense amount to reduce poverty among the elderly...." and "On this view, Musk and company see crippling the Social Security Administration as a feature, not a bug, part of their overarching plan to undermine the safety net and make America safe for profiteering." https://paulkrugman.substack.com/p/incompetent-or-evil-a-false-dichotomy?r=efs7&utm_campaign=post&utm_medium=email&triedRedirect=true -
Tax Clearance Certificate
TheAppletons replied to morning glory's topic in Jobs, Economy, Banking, Business, Investments
No, it isn't required and it isn't requested by Immigration. -
No, you claimed "what we do have is an official document from the TRD that clearly explains who is required to file a tax return." It isn't complete and thus it actually does NOT clearly explain who is required to file. Many people who meet both of the qualifications listed in that oversimplified, fifth-grade level graphic do not, indeed, need to file because the income they remitted is non-assessable.