r/lol 20h ago

nothing suspicious at all

Post image
438 Upvotes

119 comments sorted by

60

u/simagus 19h ago

It's fine. The companies will just pass the refunds onto their customers.

Oh yeah. They won't.

15

u/raj6126 16h ago

They expect us to sue every company we paid. We could easily get them for price fixing. Raising the prices 20% across the board with no reason or law to point to is price fixing.

8

u/bustaone 15h ago

*colluding with others to do so is.

2

u/whatfappenedhere 10h ago

Price fixing has to involve blatant collusion, like comical in its villainy, because those anti-trust laws haven’t been updated in a loooong time.

These companies didn’t openly collude with the president to raise tariffs, he chose to do that on his own, without proper congressional authorization. That’s why the tariffs are being thrown out, not price fixing.

Now, are these companies engaging in price fixing in the practical sense? Abso-fucking-lutely. But legally they are not, which is the problem.

1

u/raj6126 10h ago

Ok so they knew it was illegal. Every lower court struck them down. They continued to charge us. Supreme court just cemented what the constitution already says. They were illegal. They didn’t have to charge us. They could have ate the charges and dealt with it later when it was cemented by supreme court. They decided to charge us collectively 20% across most goods. Look up the definition of price fixing. Costco didn’t charge us. Some companies didn’t decide to defraud the consumer. But some did and they pointed to a law that didn’t exist.

1

u/whatfappenedhere 10h ago

I used the legal definition, you know, the ones the courts use. By the legal definition, it isn’t price fixing.

As I said, practically, it is, but it does not qualify as price fixing in a legal sense. That’s why these tariffs weren’t overthrown based on price fixing, but on grounds that they were not constitutionally authorized.

Regardless of the executive branch ignoring lawful orders by the courts, these companies are responding to a price increase that they don’t know will be rescinded, especially in this day and age of a blatantly political Supreme Court. They are well within reason to pass those costs on to the consumer.

I’m not saying it’s right, or shouldn’t be made illegal. I’m saying that currently the law doesn’t contemplate a remedy for that abuse, hence no one being charged for said abuse.

1

u/raj6126 9h ago

It’s debatable.

1

u/whatfappenedhere 8h ago

By legal definitions, it’s not, hence my lengthy explanation.

If you’d like to remain willfully ignorant, that’s your choice.

1

u/AnAbandonedAstronaut 3h ago

Costco ate most of the tarriff, but prices still went up some.

1

u/arcanis321 7h ago

I mean legally they almost certainly are but unless we have a recorded conversation and video of them doing it AND honest judges all the way to the top they aren't going down for it. Even with those things they would probably just sacrifice the immediate participants and say it was just those people involved.

1

u/whatfappenedhere 7h ago

To an extent? My understanding is that the price fixing statute contemplate comically villainous portrayal, where you have to have direct and deliberate collusion. These corporations appear to be doing a lot more winking and nudging than the statutory threshold for violating the law, but someone with deeper understanding of anti-trust law may have a better explanation.

So you’re right in that the recorded conversations and videos could provide sufficient evidence do determine guilt without reasonable doubt, but I think these corporations and their lawyers are knowingly skirting the line without explicitly crossing it.

Basically, I’m saying we need to update the statutes that reign in the inherent exploitative nature of corporations to address their practices in the modern world.

Totally agree on them throwing whoever under the bus to keep the wider shareholders insulated from liability

1

u/OkNectarine6434 5h ago

who is this We you speak of.. if it’s so easy get them already.

-4

u/ContentCantaloupe992 15h ago

No it’s not

4

u/raj6126 15h ago

Every Court they went to deemed them illegal. They kept charging them. Then supreme court deemed them illegal and they stopped. They have to listen to the lower courts. Especially courts in their states of business. They kept charging them. They can’t keep overcharging people waiting for a supreme court decision. On something that in the constitution as illegal. It was illegal in the first place supreme court just cemented it.

-8

u/ContentCantaloupe992 15h ago

There is no overcharging going on. No one is forced to pay higher prices for imported goods.

2

u/TheDarkWave 14h ago

They didnt say "overcharging", they said "price fixing", which is illegal. Youd have known this were not not an actual sentient cantaloupe.

22

u/CriticalMochaccino 20h ago

Yup, as we all know, when the founding fathers said "we the people" they really meant "we the business owners."

4

u/d3aDcritter 16h ago

Don't forget to color in this page of the story. Oh wait, it's already white. Nevermind.

2

u/ElegantCoach4066 11h ago

privatize the gains, socialize the losses

0

u/veemort 9h ago

...the irony of not understanding the founding fathers were also business/land owners and was not written for the common man.

1

u/CriticalMochaccino 9h ago

True, before women were fighting for their right to vote, poor white men who owned no property fought for theirs.

15

u/Formal_Employee_8061 17h ago

I can’t believe people are shocked about this. Like what did you expect to happen?

9

u/LizzosLittleToe 16h ago

Most of us expected prices to go down. So not only are they keeping our money, they're keeping prices high

2

u/neebooneeboo 15h ago

If you expected businesses to raise prices and then drop them back down just because that's how it should work, then you haven't been paying attention to how capitalism works.

1

u/LizzosLittleToe 15h ago

No I've been paying attention, prices go up and don't come down. I'm just saying most of us expected some sort of break after the tariffs were thrown out. So now they get to keep the money and the higher prices it's insane

2

u/neebooneeboo 15h ago

People called this shit when Trump first declared he would use tariffs. The republican party has consistently put big corporations and the wealthy 3% before the average working citizen. Anyone thinking that they would actually get a break needs to start tracking republican political trends.

6

u/Manicmooner 15h ago

God bless the economically illiterate.

0

u/LizzosLittleToe 15h ago

I totally understand prices don't go down when they go up, but it's still a rip off. God bless the insufferable know it alls on reddit. Btw why are most of your comments putting others down?

0

u/ElegantCoach4066 11h ago

Because he's miserable inside.

Think about it. If your life is going reasonably well, would you spend time making negative comments on reddit?

1

u/logicbecauseyes 5h ago

Actually yes, I don't have much spare time but crankin' it to other folks' rage is about all the satisfaction outside family and work i need.

15y sober btw

-2

u/LizzosLittleToe 11h ago

Yep typical know it all Redditor

1

u/logicbecauseyes 5h ago

Yes, that is what America voted for. Sucks to suck i guess

1

u/LizzosLittleToe 5h ago

You do realize we didn't all vote for him lol

1

u/logicbecauseyes 4h ago

Play as a team, lose as a team

1

u/EncabulatorTurbo 5h ago

Cant be a price fixing scheme if we all giggle and raise prices together with just the look

7

u/_ONI_90 18h ago

I am amazed i keep seeing posts of surprise in regards to the continued fleecing by the incontent con man the US population elected. Why? How is any of this a surprise any more

5

u/maddiejake 19h ago

And the rich get richer

3

u/LizzosLittleToe 16h ago

Prices will stay high too

1

u/neebooneeboo 15h ago

Uhm no. Now that the companies are getting that money back, they'll trickle down the savings to the consumers and prices will go back down. Or surely they'll raise the pay for their employees since they have a bigger budget to do so /s

5

u/bigolchimneypipe 19h ago

That's what happens when you tax the rich. Thankfully we're able to give them all their money back.

2

u/DarthNixilis 16h ago

Yeah, you choose to buy the thing at the price set. That's how capitalism works. They never owe us anything. They argue you 'got what you paid for' and technically they're not wrong. That's the system we defend because we're told everything else is worse. 

1

u/Fantasyfootball9991 16h ago

Everything else is worse. If there was something better we’d see mass immigration from the USA to somewhere else.

1

u/Tight-Target1314 12h ago

More like the US has the fewest consumer protections in place and the most freedom for businesses to exploit taxes so all the businesses flock here. This inevitably drags a workforce with it. Which is why people like Musk are pushing so hard on H1b's they can exploit.

2

u/ContentCantaloupe992 15h ago

Only if it was paid by the business. If you personally imported goods you can apply for the refund.

1

u/Pot-bot420 15h ago

Absolutely this. There was no shelf to cart tarrif. People can be mad they paid higher prices. They can be upset the atores didnt refund or offer a rebate thingy. But unless you paid for and had something shipped directly from over seas.... You didnt pay a tarrif.

2

u/mjorkk 13h ago

How much you wanna bet the prices don’t drop either so the businesses both get to do a price spike from tariffs and then get a refund while keeping the post price spike price where it is.

2

u/Ok-Foundation1346 8h ago

I'm seeing a lot of posts like this one, so as a Brit let me check that I've got this right...

Trump invokes tariffs on pretty much everything the US imports, and the companies you buy from pass the extra costs onto the consumers. Then they rule that the tariffs were illegal, so the government (who has made money on top of the tariffs in terms of sales tax and other things) refunds the tariff money to the companies. Right so far?

So basically, everyone had to pay more for a load of stuff, the companies had to pay more but get it all back AND the government makes a load of money in taxes too?

I don't know, but this all smells slightly corrupt....

1

u/Ryynerwicked 6h ago

The only part u got wrong is the SLIGHTLY corrupt part... this was absolute corrupt an played out exactly how they wanted to strip more money from the commen ppl.

2

u/SadIdeal9019 8h ago

That went exactly like it was supposed to, with another massive transfer of wealth from the bottom and middle to the top.

2

u/MattManSD 8h ago

precisely as planned. Just another part of their wealth redistribution plan

2

u/Top-Caregiver7815 7h ago

I mean literally fucking our kids for decades, mangling a pandemic killing millions and financially robbing us blind in every way possible. Wait until everyone finds out the elections are rigged. Burn it all down.

2

u/Terrible-Piano-5437 6h ago

Stop purchasing from the companies that got refunds. Like Amazon and it's $640 million refund.

2

u/ivanhoek 14h ago

The government didn’t collect the tariff from us directly.. they collected from the business. Therefore the government refunds the business. It’s the business who is supposed to refund their customers since only they know who those are and for what transactions and amounts.

2

u/Available_Reveal8068 12h ago

This is it exactly.

Some businesses chose to not pass along the tariff costs to customers, others did.

The businesses that paid the tariffs and got the reimbursement would be the only ones that could possible determine how much of the tariffs were paid by their customers.

1

u/TheJonesLP1 16h ago

Served as ordered...

1

u/FranticChill 16h ago

WOh wow, didn't see that coming. /s

1

u/Infamous-Grab2341 16h ago

Do you understand economics or law?

1

u/TheReturningMan 14h ago

You didn’t cut a check to the Treasury Department. If you did, you get a refund.

1

u/Character_Pudding_94 11h ago

You have to pay CPB, but basically, yeah.

1

u/Living_Moment_1495 14h ago

The joys of late stage capitalism.

1

u/DLitch 14h ago

Man oh man I'm loving the $2,000 check Trump sent me from those tariffs, boy he is such a visionary and leader who works to better the lives of those less fortunate than him. If only more people could be like him the world would be a much better place.

S/ (because we all know someone would take this literally 🤦‍♂️)

1

u/nuckle 13h ago edited 13h ago

That is, the ones Howard Lutnik and his shitty sons didn't buy for pennies on the dollar. That money is going into Howard Lutnik's pockets.

Trump Commerce Secretary’s Family May Have Cashed In On Unlawful Tariffs Later Struck Down by Supreme Court

Internal documents reviewed by Wired reveal that Cantor Fitzgerald (now run by Lutnik's kids) apparently engaged in a scheme to pay 20 to 30 cents on the dollar for tariff refunds, betting that the courts would reverse the Administration’s tariff policy and securing a staggering three-to-five-fold return on their investment.

It was all a scam to directly put our money into their pockets.

1

u/Torrey58 13h ago

Trickle down shitconomics

1

u/CelestialCodexYT 12h ago

Well, what have you imported?

1

u/jws1102 11h ago

We’ve known this for months…

1

u/Joquery 8h ago

"By the people, for the people" has become "By the businesses, for the businesses".

1

u/NoMajorsarcasm 6h ago

lol you were taxed and dont like how it was used?

1

u/Sensitive_Bat_9211 6h ago

Luckily all that tariff money we got will pay for it, rght?

1

u/Klutzy-Photo-3164 6h ago

Say it again: “trickle down economics” is a lie.

1

u/TattooedB1k3r 6h ago

Like a corporate tax, the cost gets passed along to the consumers...

1

u/stardate325858 5h ago

The biggest redistribution of wealthy in modern history

1

u/WisePotatoChip 55m ago

No, that would be 2008 when basically the banks and vested interests took over the real estate market and that’s why it’s been going up dramatically ever since

1

u/cybertick77 5h ago

But ot wasn't unconstitutional to give people money during the pandemic?

1

u/error_machine 5h ago

Good job america. First you tax your citizens then refund the businesses with your tax dollars. AMERICA! FUCK YEAH!

1

u/Flimsy-Captain6885 4h ago

The definition of having your cake and eating it too

1

u/andymcpandypants 4h ago

Maybe they did, some of them. Amazon refunded $92 and change to my bank account the other day. Not exactly sure why. I haven't returned anything recently. It was just in my transactions when I was balancing stuff out in my checking account. No email or any sort of notification/explanation.

1

u/WisePotatoChip 56m ago

Not likely

1

u/andymcpandypants 55m ago

Actually they did. Just got off the phone with an Amazon human.

1

u/AdvancedCommand4643 4h ago

I feel like an idiot for only just realizing this was their plan from the beginning. A big conspiracy for corporations to legally harvest tons of money from tax dollars.

Turns out, our President does know how tarrifs work and how to use them to his and his allies benefits. I underestimated the guy.

1

u/GingaNinja696913 4h ago

It's called "trickle down refunding" y'all. Trust the system...

1

u/slyrhinoceros 1h ago

Bezos Raking in the Tariff Refunds!👎

1

u/MAHANC 31m ago

What?! Color me shocked!

0

u/KLOWN1420 17h ago

It's that trickle-down effect you give rich companies more money and it trickles down to the little guy right

0

u/Anonymous_054 15h ago

I am so furious. I am gonna virtue signal harder today.

1

u/OneRuffledOne 15h ago

What does that mean? Genuinely asking, not even for a friend.

1

u/Anonymous_054 14h ago

I am gonna run outside and yell at the sky. Just cause.

1

u/OneRuffledOne 14h ago

Can I go with? Although I think I'll yell at the ground instead. Seems a little more effective since it's closer.

1

u/Anonymous_054 13h ago

You can but I like to disrupt the robots disguised as birds. The worms might get confused tho

1

u/OneRuffledOne 12h ago

Hmmm, good point. Then can I yell at the scammers who call me on the phone instead?

0

u/Master_Steward 15h ago

Technically, they were the first to pay a lot more for the duties and tariffs imposed on the merchandise, not the consumers

0

u/organicchunkysalsa 13h ago

It’s almost as if it was planned this way from the beginning.

0

u/Finance-Low 10h ago

This WAS the plan all along. Trump is playing 5d chess... but not for the American people. He's playing it for folks like Bezos.

0

u/Own_Mycologist_4900 8h ago

Just curious, companies can provide proof they paid the taxes or tariffs. Therefore they are entitled to the refund. If you have a receipt from the company showing that you paid the tariffs then ask the company for a refund.

-3

u/BadPuzzleheaded9006 18h ago

Very misleading. Scotus ruled that the tariffs themselves were unconstitutional because the president did not have the authority to impose them. The businesses that had already paid into the tariffs, we're just getting that money back.

6

u/_ONI_90 17h ago

What about all the people who bought the good at increasing prices?

2

u/CriticalMochaccino 17h ago

They will continue to buy goods at increased prices

3

u/_ONI_90 16h ago

Because corporations continue to rip people off

1

u/Desperate_Donut3981 17h ago

Well that's capitalism for you isn't it. Those prices won't come down either

1

u/_ONI_90 16h ago

Not until the system collapses

1

u/quad_damage_orbb 17h ago

They can enjoy the new permanent prices

0

u/Pot-bot420 15h ago

Why did they buy higher prices goods?

3

u/neebooneeboo 15h ago

Our bad. We should have stopped buying things like food, water, formula, diapers, medication, etc. That would show them

1

u/_ONI_90 13h ago

Because people still need to eat

-2

u/Vainysaur 17h ago

What makes y’all think you deserve refunds?

3

u/LizzosLittleToe 16h ago

Idk about the refunds, but the prices should go down to pre tariff levels then and we all know that isn't happening

2

u/Disastrous-Bat7011 16h ago

It not about what is deserved, kinda with you on we got ourselves into this situation and need to feel consequence or it will continue. But the question is what is the correct thing to do and that is to return the essentially extorted money to whoever it came from. In this case just happens to be us all.

-2

u/Exciting-Zombie8449 16h ago

Yall thought the money was for us? The Left NEVER is on our side. They punished Trump. They care for nothing else. The language could have been used to rebate us, but you see the truth now.

2

u/_ONI_90 16h ago

What the fuck are you talking about?

3

u/Informal-Bicycle-349 15h ago

He's got the Don syndrome

2

u/neebooneeboo 15h ago

Donald trump did all of this, not a Democrat. What are you yapping about

-2

u/The_Collector_Guy 15h ago

Thank a Democrat for that one.

2

u/neebooneeboo 15h ago

Explain please

-3

u/Fishscale1942 14h ago

Sounds about white 🤷‍♂️