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What a SCOTUS Gift: Refunding Tariff Money to Business Would Boost Economy

Posted on 2/22/26 at 8:37 am
Posted by Timeoday
Easter Island
Member since Aug 2020
20487 posts
Posted on 2/22/26 at 8:37 am
Say it ain't so.


quote:

Kennedy said, “The most interesting question is, what we do with all of this money? We’ve got between 150 and 400 billion dollars in tariffs collected. That money’s not in other countries, it’s here. My Democratic colleagues are saying, oh, give it back, give it back. Well, my Democratic peeps better be careful what they ask for. Because if he gives back 300 billion dollars worth of tariff money to the business community in America, this economy’s going to roar, man. And the midterms are only a few months off.”


Senator Kennedy is Spot On Again!!
Posted by stout
Porte du Lafitte
Member since Sep 2006
180884 posts
Posted on 2/22/26 at 8:38 am to
There won't be refunds IMO

At least not anytime soon. It's going to be a long legal boondoggle
Posted by Timeoday
Easter Island
Member since Aug 2020
20487 posts
Posted on 2/22/26 at 8:47 am to
I agree with you. But what a gift the SCOTUS decision was to this country.
Posted by RohanGonzales
Member since Apr 2024
9113 posts
Posted on 2/22/26 at 8:47 am to
quote:

At least not anytime soon. It's going to be a long legal boondoggle


So lawyers are going to suck up a lot of the money?

because other lawyers decreed that it must be so?

I have never heard of that happening before!
Posted by The_Duke
Member since Nov 2016
4251 posts
Posted on 2/22/26 at 9:17 am to
So give companies the money that was collected by overcharging/taxing American consumers?

Posted by wackatimesthree
Member since Oct 2019
11997 posts
Posted on 2/22/26 at 9:22 am to
quote:

So give companies the money that was collected by overcharging/taxing American consumers?


According to the posters here, no companies raised prices and passed along the taxes to consumers.

So if they're right about that...yeah.
Posted by wackatimesthree
Member since Oct 2019
11997 posts
Posted on 2/22/26 at 9:33 am to
Those of you cheering for what he said realize that he gave a tacit admission that the tariffs have been dragging the economy, right?

If putting that money back into circulation causes the economy to boom, then taking it out in the first place had to have caused a drag.

You can't have it both ways.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
96101 posts
Posted on 2/22/26 at 9:35 am to
Kennedy is an idiot


A refund
Posted by jimmy the leg
Member since Aug 2007
43461 posts
Posted on 2/22/26 at 9:41 am to
quote:

overcharging/taxing American


Is a core tenant of your ilk.

Posted by lsugolf1105
BR
Member since Aug 2008
3587 posts
Posted on 2/22/26 at 9:42 am to
Yes, a refund. If something is taken from you illegally, I’m sure you would want it back.
Posted by prplhze2000
Parts Unknown
Member since Jan 2007
57530 posts
Posted on 2/22/26 at 9:44 am to
Yup. Hell, I'm still waiting on my FEMA check from 2005
Posted by ragincajun03
Member since Nov 2007
28398 posts
Posted on 2/22/26 at 9:46 am to
Sen. Kennedy is little more than Mr. Soundbite.

Years ago, I was hoping he'd be our next Governor in Louisiana. But when he declined to challenge John Bel Edwards in 2019 (I can understand why he stayed on the sidelines for Vitter in 2015), I fully understood he was a fraud.

In this bit, he doesn't even really know what the hell he's saying. He's just trying to get another overplayed soundbite added to his resume.
Posted by wackatimesthree
Member since Oct 2019
11997 posts
Posted on 2/22/26 at 9:47 am to
quote:


Yes, a refund. If something is taken from you illegally, I’m sure you would want it back.


Anybody would.

Every single poster on this board would want the money back if the government charged them twice for their property tax bill or their car tag, and this is no different.

And every one of them would scream like a mashed cat (as they should) if they didn't get it.

But you are watching populism pay out in front of your eyes. Because Trump likes tariffs, this is somehow diffe(R)ent.
Posted by ChatGPT of LA
Member since Mar 2023
5228 posts
Posted on 2/22/26 at 9:53 am to
Whatever money they spent on tariffs, they already priced it into their products and sold them. Why the F would we refund them....unless they refund every customer who purchased from them
Posted by JimEverett
Member since May 2020
2107 posts
Posted on 2/22/26 at 10:00 am to
I know it is not the law but the people who paid the tariff should only be able to recover actual losses. Instead, some will recieve a windfall.
Posted by ChatGPT of LA
Member since Mar 2023
5228 posts
Posted on 2/22/26 at 10:05 am to
Its not gonna be given back.
Posted by JimEverett
Member since May 2020
2107 posts
Posted on 2/22/26 at 10:12 am to
The law says it will. Or at least will if the payers properly jump through all the hoops.
Posted by lsugolf1105
BR
Member since Aug 2008
3587 posts
Posted on 2/22/26 at 10:12 am to
Just not a correct statement at all.

It was illegally taken. Why would you not want to give refunds? Would you rather the government have that money versus American businesses?
Posted by frogtown
Member since Aug 2017
5933 posts
Posted on 2/22/26 at 10:13 am to
quote:

If putting that money back into circulation causes the economy to boom, then taking it out in the first place had to have caused a drag.


So it looks like there are no takers to address this point. Interesting.
Posted by Narax
Member since Jan 2023
6989 posts
Posted on 2/22/26 at 10:20 am to
quote:

At least not anytime soon. It's going to be a long legal boondoggle

Especially since they were paid in the end by consumers.
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