Today was largely spent adulting, doing a bunch of tax return prep work — tedious but necessary. Thanks to @NorcalGma2 for inspiring me to get going on this now, rather than leaving it until April.
Here's Tennessee, keeping me company.
Today was largely spent adulting, doing a bunch of tax return prep work — tedious but necessary. Thanks to @NorcalGma2 for inspiring me to get going on this now, rather than leaving it until April.
Here's Tennessee, keeping me company.
The challengers argued the “emergency powers” #law doesn’t even mention #tariffs & Trump’s use of it fails several legal tests, including one that doomed President Joe Biden’s $500 billion student loan forgiveness program.
The economic impact of Trump’s tariffs has been estimated at some $3 trillion over the next decade, acc/to the #CBO.
#law #economy #inflation #affordability #CostOfLiving #geopolitics #Trump #SCOTUS
#Treasury has collected >$133 billion from the #import #taxes #Trump imposed under the emergency powers law, federal data from December says. Many companies, including the big-box warehouse chain Costco, have already lined up in court to demand #refunds.
#law #economy #tariffs #inflation #affordability #CostOfLiving #geopolitics #SCOTUS
The #tariffs decision doesn’t stop #Trump from imposing duties under other #laws. While those have more limitations on the speed & severity of Trump’s actions, top admin ofcls have said they expect to keep the tariff framework in place under “other authorities”.
#law #economy #inflation #affordability #CostOfLiving #geopolitics #SCOTUS
The #Constitution gives #Congress the #power to levy #tariffs. But the #Trump administration argued that a 1977 #law allowing the president to regulate importation during “emergencies” also allows him to set tariffs. Other presidents have used the law dozens of times to impose #sanctions, but Trump was the first president to invoke it for #import #taxes.
#law #economy #inflation #affordability #CostOfLiving #geopolitics #SCOTUS
I really believe that if I just write on the voided zeroed check that I'm sending to the government for my taxes this year that "I will not pay taxes to pedophiles," I think I'll be excused when it gets to court.
#TaxStrike #Taxes #epsteinfiles