The top 5% pay more than 65% of federal income taxes, the highest 10% pay 75% of them and the top 25% are accountable for 89%. The bottom half of earners, who make below $46,627 a year, paid just 2% of federal personal income tax, according to the report.
https://cbsaustin.com/news/nation-world/so-how-much-do-the-rich-actually-pay-in-taxes-high-earners-effective-tax-rate-trump-tax-cuts-government-spending-internal-revenue-service
I just returned from a 5 week stay in the US. Spent a week in NYC, drove across to Ca. Just to go to top of Empire State Bldg was $90. each.
Point being, egg prices are on the bottom of my thoughts.
This place was in Stockton, not SF or SJ. I picked that dish because it's with the cheapest ingredients besides a couple shrimp. If the tariffs do raise prices for some dishes, you watch the price on all dishes go up,,,,just because they can.
I seriously doubt tariffs will be the reason for restaurant closures. I was in Ca for a visit. Took friends out to a Thai restaurant. Shrimp fried rice off the lunch menu was $18.00 That hardly qualifies as a narrow profit margin.
We usually picked either Japanese or Pho joints for meals. Yes, pricey but better than a $17,00 meal deal at a burger joint.
I've been here for 5 weeks. West coast to east coast. Drove back to CA. NYC hotel was $400. Nt. I spent and I spent. Sitting in a lounge at SFO waiting for flight back.
For something as important as setting up my SS I made a trip back to US and had a face to face meeting. Having an online account is very helpful especially at tax time you can go online for 1099R.