The US Government is setting up an online portal next week to start refunding $127 to $175 billion in illegal tariffs. The same tarrifs tom and David were celebrating as a huge windfall to the US Government just a few months ago. 

The American consumer took it in the wallet and paid the illegal tax on their everyday purchases, will not get any refunds or benefit from the tax they paid. Businesses hope to recoup some of their money, but the hedge funds may be the biggest winners.

I haven't seen any savings from this administration, from DOGE to tariffs to war in the Middle East, Trump is burning through taxpayer money faster than the high gas prices are burning through my wallet!

Trump administration set to launch tariff refund portal. Here's what to know. - CBS News

Hedge funds think they can make a killing on Trump tariff refunds – POLITICO

"From Wall Street to Singapore, hedge funds are buying up the chance to claim lucrative but risky tariff refunds from Donald Trump's administration."

"They're now hoping to see that full amount refunded — but importers who need cash in hand are already selling the refunds they’re owed on to hedge funds at a discount."

Do you think the Trump family will launch a hedge fund to buy up the refunds and then rig the portal to pay themselves, leaving nothing behind? I bet they will!!

A couple of posts celebrating the illegal tax on American consumers.

TRUMP WAS RIGHT: CBO finds Trump tariffs to cut U.S. Deficits by $4 trillion

1

 

David Miller

Aug 22, 2025
3:24pm

The CBO projects President Donald Trump’s tariff agenda will slash U.S. deficits by $4 trillion over the next decade. Higher customs revenues and reduced borrowing needs are driving the savings, even as Trump’s One Big Beautiful Bill Act reshapes fiscal policy. - The CBO says tariffs will lower primary deficits by $3.3 trillion and reduce interest costs by $700 billion, totaling $4 trillion in savings. Customs duties are projected to reach $200 billion this fiscal year alone, with further increases expected. -- https://mxmnews.com/article/725f9286-e9f3-40be-a620-4163b27f181b?trump-was-right-cbo-finds-trump-tariffs-to-cut-u-s-deficits-by-4-trillion

 Print

 

 Quote

The Reality about Tariffs

1

 

David Miller

Aug 5, 2025
8:12am

Now who was (is) right? --

 Print

 

 Quote

I have a question, now who's wrong?

Here's whats funny - the corporations will get 100% of their tariffs back even though almost all of them to some degree passed  tariffs onto their customers (in some part).

So the customers pay the higher priced tariff goods - but the retailer gets the full refund.   

It wasnt his plan - but the result  boils down to Trump just payed companies raise prices.    You can blame him for enacting illegal executive orders.   But the real blame is with Congress that let him get away with it.         

  The REAL blame is the DemocRATs tenure of 2020-2024 when they ruined the economy and gave away the store with their asinine policies and spending.

This is yet another reason why I'm not filing my Trump taxes this year. I've already paid thousands of dollars in illegal taxes, but I won't get any credit for them, much less a refund. 

If I calculate how much I've paid in Trumpiffs, it comes to 20% of my income (based on the increased prices of everything I purchased in 2025). My income tax bracket is 18%. Therefore, I've already paid. I had zero withholding last year, which I initiated when the Turdiffs began.

I would have no way to deduct those illegal taxes from my income on my 1040. But I did pay them. So I ain't paying twice. Fuck you, Trump.

And to whatever asshole seizes this chance to call me a "tax cheat" (stupid Tom won't be able to restrain himself), my reply is: fuck you. If you pay Trump twice, you're a tax SUCKER.

Please provide us with verified statistics showing how the economy was "ruined" in 2024. Also please provide us with an agreed-upon definition of "ruined."

Also please explain why you believe that Democrats, not Trump, initiated the current tariffs back in early 2025. I could have sworn that Trump was a Republican.