6 hours ago, CallumWK said:

And SCOTUS said in clear words that tariffs are a tax and need congressional approval.

Nope. SCOTUS said Trump can't impose tariffs using IEEPA.

6 hours ago, Yellowtail said:

Low-income people in the US spend about 90% of their income on food, housing and energy, none of which are impacted significantly by tariffs.

Are you for eliminating corporate income taxes? If not, why not? Consumers have to pay those as well.

How about that VAT the poor shmucks in the EU have to pay? Why are the left not howling about that if they care so much about the poor?

Kind of a meaningless comment, no doubt numbers pulled out of...well...you know from where.

What income figure constitutes "low"?

Where is the supporting evidence of "90%"?

The US imports $3.2 trillion of goods per year. Add 15% to the price of a good many of those imports. Note what stocks rose in celebration after the Supreme Court ruled against Trump....places where middle and low income Americans shop, like Costco and Walmart. Now it's all back on, at least for 150 days.

Those price increases will be used by Dem candidates in debates and ads as the midterms approach ("My opponent wants you to pay more for everything you buy....he only cares about the Epstein Class, not hard-working Americans").

When polls show 60% of Americans agree with the Supreme Court's decision, that suggests 60% of folks are not going to like the fact Trump is going around the law....again. That sounds like a possible majority to sweep the House and Senate, and neuter the demented clown once and for all.

18 minutes ago, dinsdale said:

Nope. SCOTUS said Trump can't impose tariffs using IEEPA.

https://www.reuters.com/legal/government/us-supreme-court-rejects-trumps-global-tariffs-2026-02-20/

Trump has leveraged tariffs - taxes on imported goods - as a key economic and foreign policy tool.

"Our task today is to decide only whether the power to "regulate ... importation," as granted to the president in IEEPA, embraces the power to impose tariffs. It does not," Roberts wrote in the ruling, quoting the statute's text that Trump claimed had justified his sweeping tariffs.

The U.S. Constitution grants Congress, not the president, the authority to issue taxes and tariffs.

6 minutes ago, CallumWK said:

https://www.reuters.com/legal/government/us-supreme-court-rejects-trumps-global-tariffs-2026-02-20/

Trump has leveraged tariffs - taxes on imported goods - as a key economic and foreign policy tool.

"Our task today is to decide only whether the power to "regulate ... importation," as granted to the president in IEEPA, embraces the power to impose tariffs. It does not," Roberts wrote in the ruling, quoting the statute's text that Trump claimed had justified his sweeping tariffs.

The U.S. Constitution grants Congress, not the president, the authority to issue taxes and tariffs.

So why were all the Trump imposed tariffs judged illegal?

10 hours ago, Yellowtail said:

Three judges ruled with him. That’s not happening for no reason.

More wishful thinking by the international leftist who have been against America First ever since he came down the Golden Escholator in 2015.

Smart People always have a Plan B just in case below,its been upped another 5%.

"In a way, they have made the leverage that he has more draconian because they agreed he does have the right to a full embargo," the secretary said.

"Within three days, the President can put on the Section 122 10% global tariff. So, at Treasury for the full year 2026, we foresee the no decrease in revenue," he continued.

https://www.foxnews.com/media/scott-bessent-says-supreme-court-strengthened-trump-draconian-move-despite-ruling-tariffs

6 hours ago, CallumWK said:

https://www.reuters.com/legal/government/us-supreme-court-rejects-trumps-global-tariffs-2026-02-20/

Trump has leveraged tariffs - taxes on imported goods - as a key economic and foreign policy tool.

"Our task today is to decide only whether the power to "regulate ... importation," as granted to the president in IEEPA, embraces the power to impose tariffs. It does not," Roberts wrote in the ruling, quoting the statute's text that Trump claimed had justified his sweeping tariffs.

The U.S. Constitution grants Congress, not the president, the authority to issue taxes and tariffs.

Justice Brett Kavanaugh, in a dissent joined by fellow conservatives Clarence Thomas and Samuel Alito, wrote that the ruling did not necessarily foreclose Trump "from imposing most if not all of these same sorts of tariffs under other statutory authorities," adding that "the court's decision is not likely to greatly restrict presidential tariff authority going forward."

"In essence, the court today concludes that the president checked the wrong statutory box by relying on IEEPA rather than another statute to impose these tariffs," Kavanaugh wrote.

https://www.reuters.com/legal/government/us-supreme-court-rejects-trumps-global-tariffs-2026-02-20/

This certainly won't help Trump.

But of course, that was the point of the ruling.

12 hours ago, Yellowtail said:

Yeah, we don't VAT in the US and we do not need more welfare programs for the lazy

In US, it is called Sales Tax which is same as VAT as being consumption tax paid by the consumers. Difference is the collection method.

I would say the biggest damage the SCOTUS ruling has inflicted on Trump is that his iron grip on the lackey Republicans in Congress has been broken. In order for these newly implemented tariffs to be extended beyond 150 days will require the acquiescence of Congress. Given how unpopular these tariffs are with the American people it is difficult to imagine Congress going along with extending them, especially on the eve of the mid-term elections. Once Congress balks at doing Trump's bidding over the tariffs, it's gonna open the floodgates in terms of challenges to his authoritarian grip on the government. You may be about to see a "panic in needle park" effect with Republicans scrambling to distance themselves from Trump in order to save their own hides. This morning's selloff in the crypto markets may be an early indication of a drop in confidence that Trump's ability to ramrod crypto friendly legislation through congress has been significantly diminished.

52 minutes ago, Eric Loh said:

In US, it is called Sales Tax which is same as VAT as being consumption tax paid by the consumers. Difference is the collection method.

It's not at all the same thing, as it is not collected by the United States. Not all states in the US have a sales tax, and of the states that do, even the highest rates are only about half what the minimum EU VAT is.

SCOTUS ruling has also throw a spanner in the works to arm twisting countries with high tariffs to invest into US. India has cancelled trade negotiation for massive amount of investments in exchange for the lowering of the 50% tariffs. The US-South Korea talks may be off the table due to tariff uncertainty. Many countries that have pledge billions in investments will likely to re-negotiate without facing the arbitary high tariffs imposed illegally. The ruling will also have a cascading effect on Trump's agenda to fund the BBB that could result in bigger budget deficits and more debt financing. It will be a high burden for the fragile economy.

1 minute ago, Eric Loh said:

SCOTUS ruling has also throw a spanner in the works to arm twisting countries with high tariffs to invest into US. India has cancelled trade negotiation for massive amount of investments in exchange for the lowering of the 50% tariffs. The US-South Korea talks may be off the table due to tariff uncertainty. Many countries that have pledge billions in investments will likely to re-negotiate without facing the arbitary high tariffs imposed illegally. The ruling will also have a cascading effect on Trump's agenda to fund the BBB that could result in bigger budget deficits and more debt financing. It will be a high burden for the fragile economy.

This is all great news for the left

I for one sincerely hope he’s done I’m tired of his grifting out of my pocket every time he has another (episode)I’m tired of the guy ruining our reputation and alliances….using our constitution as toilet paper enough with this loser pull the handle and flush him away!enough allready!

41 minutes ago, Yellowtail said:

This is all great news for the left

We are against gun boat diplomacy.

Let us hope this is true, this man is a human disaster, a toxic piece of street trash, who has no respect for mankind, no regard for humanity, and no intention of making life better for the average American. It's all about lining the War President's pockets, it always has been, and it always will be. See ya Don. You will not be missed.

I can see another trophy coming the griftrs way soon. The award for the most tariff changes in history in such a short time.

51 minutes ago, Yellowtail said:

It's not at all the same thing, as it is not collected by the United States. Not all states in the US have a sales tax, and of the states that do, even the highest rates are only about half what the minimum EU VAT is.

Bottom line is that US also tax the consumers like in Europe and divert the taxes to the federal government for budget distribution. .

19 hours ago, Roadsternut said:

In most EU and non-EU countries, VAT on food is zero rated or substantially reduced. eg the UK is 0% on food.

Similarly in the US, only a few states levy standard sales tax on groceries. For instance, Idaho charges 6% on all food, Mississippi levies 7%. Attempts to denigrate other countries through spreading false rumours about VAT/taxation on food are either evil, or based on profound ignorance of the world around them.

So are such people malicious, or stupid?

Yes and yes.

10 minutes ago, Eric Loh said:

Bottom line is that US also tax the consumers like in Europe and divert the taxes to the federal government for budget distribution. .

Bottom line is you know nothing about how taxes in the US work, yet you are strangely compelled to prove it.

23 minutes ago, Eric Loh said:

We are against gun boat diplomacy.

Only when the left is not driving the boat.

10 minutes ago, Yellowtail said:

Bottom line is you know nothing about how taxes in the US work, yet you are strangely compelled to prove it.

Got you to agree that VAT and General Sales Tax are similar consumption tax paid by consumers. That is progress from your earlier statement "we don't VAT in US", Maybe you are confused by various names called by different countries. By the way, it is called IVA in Italy and Spain and TVA in France.

13 minutes ago, Eric Loh said:

Got you to agree that VAT and General Sales Tax are similar consumption tax paid by consumers. That is progress from your earlier statement "we don't VAT in US", Maybe you are confused by various names called by different countries. By the way, it is called IVA in Italy and Spain and TVA in France.

Your clam: "Bottom line is that US also tax the consumers..."

The truth: Sales taxes, which is what we are talking about, are a consumption tax levied not by the United States, but by most states.

Your claim continued: "...like in Europe and divert the taxes to the federal government for budget distribution."

The truth: Sales tax revenue is not diverted to the federal government.