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The Political Forum Discuss anything related to politics in this forum. World politics, US Politics, State and Local.

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Old 08-31-2025, 12:46 AM   #1
VitaMan
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Default Trump - no power to issue tariffs

That is the 7 - 4 decision of the appeals court.

Only thing left once again for Trump is the Supremem Court.

What a mess. This will not be concluded for several more months. Businesses left hanging in the wind.

All because Trump tries to use powers that belong with Congress.
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Old 08-31-2025, 12:40 PM   #2
Salty Again
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Default

Quote:
Originally Posted by VitaMan View Post
That is the 7 - 4 decision of the appeals court.

Only thing left once again for Trump is the Supremem Court.

What a mess. This will not be concluded for several more months. Businesses left hanging in the wind.

All because Trump tries to use powers that belong with Congress.
... Really a shame - as the tariffs have been a GREAT success!

Let's see what the Supreme Couts sayes...

... Maybe the discussion in Congress would be better to see.
Right before mid-term elections... Who loves money? $$$$$

#### Salty
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Old 08-31-2025, 02:32 PM   #3
txdot-guy
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Default

Quote:
Originally Posted by VitaMan View Post
That is the 7 - 4 decision of the appeals court.

Only thing left once again for Trump is the Supremem Court.

What a mess. This will not be concluded for several more months. Businesses left hanging in the wind.

All because Trump tries to use powers that belong with Congress.
All because Congress allows him to.
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Old 09-01-2025, 08:32 AM   #4
RX792P
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Default

Quote:
Originally Posted by Salty Again View Post
... Really a shame - as the tariffs have been a GREAT success!

Let's see what the Supreme Couts sayes...

... Maybe the discussion in Congress would be better to see.
Right before mid-term elections... Who loves money? $$$$$

#### Salty
Tariff revenues have been growing for months, and the latest data shows that the U.S. has collected $156.8 billion from them as of Aug. 26.

The federal government has spent $1.63 trillion more than it has collected in fiscal year (FY) 2025.

Total CY2025 tariff collection would cover less than one month of federal spending deficit.
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Old 09-01-2025, 02:55 PM   #5
Lantern2814
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Funny how the left cries about "only enough money to fund the government for a month" from tariffs, yet they keep squawking about taxing the rich, which would being in a lot LESS money than that.
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Old 09-02-2025, 04:32 AM   #6
ICU 812
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As always, SCOTUS will have the final word.
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Old 09-02-2025, 06:28 AM   #7
RX792P
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Quote:
Originally Posted by Lantern2814 View Post
Funny how the left cries about "only enough money to fund the government for a month" from tariffs, yet they keep squawking about taxing the rich, which would being in a lot LESS money than that.
Could you show your work to support that claim?


For FY2025, the U.S. government collected $2.59 trillion in individual and corporate income taxes, accounting for about 60% of its total revenue.

The top 1 percent earned 22.4 percent of total AGI and paid 40.4 percent of all federal income taxes.

That would be $1.036 Trillion (compared to $156.8 billion total in tariffs so far)

FYI, The "One Big Beautiful Bill Act cuts are most beneficial for high-income earners.
For the top 1% the new law is projected to result in an average tax cut of over $75,000 in 2026.
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Old 09-03-2025, 05:02 AM   #8
ICU 812
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Rereading the OP: I thought that the topic at hand was whether or not the president, any president, has the power or authority to impose tariffs on imports.
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Old 09-03-2025, 11:31 PM   #9
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Thread derailed in such a short period of time.

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