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re: So, about that tariff: Just got hit with $11K adder notice

Posted on 3/7/18 at 2:36 pm to
Posted by NIH
Member since Aug 2008
112552 posts
Posted on 3/7/18 at 2:36 pm to
Link? I'm not arguing against the OP or for the tariffs. I'd say the majority on this board are against the tariffs.
Posted by buckeye_vol
Member since Jul 2014
35236 posts
Posted on 3/7/18 at 2:36 pm to
quote:

To be fair, unless we get a good bit of clarification from the op, there's not a lot of math in this thread that makes any sense.
Well based on what we know:

$440,000 average price with 10% gross profit margin = $44,000 profit margin

$440,000 - $44,000 = $396,000

$396,000 + $11,000 = $407,000

$407,000 / $396,000 = 1.0278

1.0278 - 1 = 0.0278

0.0278 * 100 = 2.78%

So it looks like his costs increased more like 2.78%, nowhere close to 25% though.

Edit: Nowhere near 25% in added costs, but that would still be 25% of margin.
This post was edited on 3/7/18 at 2:44 pm
Posted by GumboPot
Member since Mar 2009
118612 posts
Posted on 3/7/18 at 2:36 pm to
Sounds like the OP is getting lied to. Apparently someone is telling him they have to add 11K due to tariffs that haven't even been implemented yet.
Posted by hawkeye007
Member since Feb 2010
5843 posts
Posted on 3/7/18 at 2:38 pm to
or you just drank a lot of kool aide this morning. Not every company benefits from the elimination of regulations. Has there been a regulation eliminated that his company could have benefited from? So it's okay if his business takes a hit due to steel tariffs because of the tax cut?
Posted by Iosh
Bureau of Interstellar Immigration
Member since Dec 2012
18941 posts
Posted on 3/7/18 at 2:38 pm to
quote:

Link? I'm not arguing against the OP or for the tariffs.
And you're not arguing for the OP or against them, either. Instead you decided to hop in on page 3 and reply to me, a person who HAS been doing that, with a random snipe at how Dems are all a hivemind

Your shite is getting as tiresome and predictable as GumboPot's CTH stenography or CptBengal's unmedicated schizophrenia
This post was edited on 3/7/18 at 2:40 pm
Posted by Y.A. Tittle
Member since Sep 2003
101234 posts
Posted on 3/7/18 at 2:39 pm to
I didn't see his per unit clarification. Yes, your math now makes sense.
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 3/7/18 at 2:40 pm to
quote:

'm not arguing against the OP or for the tariffs. I'd say the majority on this board are against the tariffs.

It's hard to say, because the protectionism advocates are so devoted and may compensate for a lack of numbers with posting intensity. But it seems to me the majority supports them or is looking for a reason to support them

Wish we could do a reliable poll thread on the issue
This post was edited on 3/7/18 at 2:42 pm
Posted by NIH
Member since Aug 2008
112552 posts
Posted on 3/7/18 at 2:41 pm to
quote:

Instead you decided to hop in on page 3 and reply to me, a person who HAS been doing that, with a random snipe at how Dems are all a hivemind

Your shite is getting as tiresome and predictable as GumboPot's CTH stenography or CptBengal's unmedicated schizophrenia


Look at how upset you are getting over what was a harmless remark. Then again, I am talking to a 30 + year old professional who is into anime.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
259867 posts
Posted on 3/7/18 at 2:41 pm to
quote:

Not every company benefits from the elimination of regulations.


Regulations usually benefit the biggest of corporations
Posted by buckeye_vol
Member since Jul 2014
35236 posts
Posted on 3/7/18 at 2:42 pm to
quote:

Isn't your company making a boatload more money from the corporate tax cuts and elimination of regulations?
Even with the tax cuts, if it’s 25% cutting into his margin, he’s probably still losing 10 to 12 percent after taxes with the cuts.
Posted by Dire Wolf
bawcomville
Member since Sep 2008
36576 posts
Posted on 3/7/18 at 2:43 pm to
quote:

I own a heavy equipment dealership

Got a daughter you need to marry off?

quote:

Two of our main product lines are both made in Wisconsin.


Oh a case dealer, never mind
This post was edited on 3/7/18 at 2:44 pm
Posted by GumboPot
Member since Mar 2009
118612 posts
Posted on 3/7/18 at 2:43 pm to
quote:

Even with the tax cuts, if it’s 25% cutting into his margin


No it's not.

The tariff is still currently PROPOSED.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
259867 posts
Posted on 3/7/18 at 2:44 pm to
quote:

30 + year old professional who is into anime.


Posted by buckeye_vol
Member since Jul 2014
35236 posts
Posted on 3/7/18 at 2:45 pm to
quote:

The tariff is still currently PROPOSED.
OK. I'm sure you also corrected people when US Steel said it was going to add jobs because of this PROPOSED tarrif too. Right?

US Steel to restart Illinois plant

Nope. You better correct them then.
This post was edited on 3/7/18 at 2:48 pm
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
259867 posts
Posted on 3/7/18 at 2:46 pm to
quote:

I'm sure you also corrected people when US Steel said it was going to add jobs because of this PROPOSED tarrif too. Right?


Posted by Geauxgurt
Member since Sep 2013
10439 posts
Posted on 3/7/18 at 2:46 pm to
No offense, but you trying to use $11k as some huge number is a bit misleading when it is less than a 3% increase on the cheapest of your range and least than 2% on your most expensive.

It sucks, but acting like this is some massive hike is ridiculous and just because you and these companies benefited from bad trade deal issues, doesn't mean others hadn't suffered.

"Americuh" Right? Until of course you actually have to pay a share.
Posted by Robin Masters
Birmingham
Member since Jul 2010
29614 posts
Posted on 3/7/18 at 2:47 pm to
What do you think the surcharge will be after Red Chinese subsidized steel manufacturing drives all other competitors out of business?

Or any other product for that matter? Do you think they subside the industry because they want the consumer to get a swinging deal?

Short sighted round-eye.
Posted by buckeye_vol
Member since Jul 2014
35236 posts
Posted on 3/7/18 at 2:49 pm to
quote:

What do you think the surcharge will be after Red Chinese subsidized steel manufacturing drives all other competitors out of business?
I’m still waiting on Wal-Mart to raise its prices after it drove all the Mom and pop stores out of business.
Posted by GumboPot
Member since Mar 2009
118612 posts
Posted on 3/7/18 at 2:49 pm to
quote:

OK. I'm sure you also corrected people when US Steel said it was going to add jobs because of this PROPOSED tarrif too. Right?


"going" is future tense.

The OP is talking in present tense.

I mean, if we can't get the basics of the English language correct, at a rudimentary level, the discussion is going to be a huge waste of time.
This post was edited on 3/7/18 at 2:51 pm
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 3/7/18 at 2:51 pm to
quote:

"going" is future tense.

The OP is talking in present tense.


read his OP again
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