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From: Catrike Ryder <Soloman@old.bikers.org>
Newsgroups: rec.bicycles.tech
Subject: Re: Tariffs and bikes
Date: Fri, 04 Apr 2025 13:08:44 -0400
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On Fri, 4 Apr 2025 11:26:12 -0500, AMuzi <am@yellowjersey.org> wrote:

>On 4/4/2025 11:16 AM, sms wrote:
>> The whole idea of increasing taxes on the masses, while 
>> decreasing them on the wealthy, is so Republican, and so 
>> Reaganesque with the fraud of "Trickle-Down Economics."
>> 
>> These new high taxes on discretionary items will be 
>> disastrous since a new bike, a new phone, or even a new car, 
>> is not generally a required purchase, and consumers will be 
>> unwilling to pay much more. So companies like Trek will 
>> likely absorb some of the tariffs by accepting lower margins.
>> 
>> OTOH, some businesses, like car repair shops will see more 
>> business as consumers spend more to keep their existing 
>> vehicle working.
>> 
>> For items that are not discretionary, like food, we'll just 
>> have to pay more for the same items or switch to lower-cost 
>> items.
>> 
>> 
>> 
>
>You can have whatever opinion you like but not your own 
>facts.  USA has among the most steeply sloped tax regimes on 
>earth, such that the top 1% of earners pay roughly half of 
>all income tax.
>
>https://usafacts.org/articles/who-pays-the-most-income-tax/
>
>Moreover, various Cassandras notwithstanding, no significant 
>changes to the current (2017 Act) schedules are in play.
>
>Regarding Trek, otherwise known as The Great Chinese Bicycle 
>Selling Company, meh.

wouldn't it be grand if they shifted their bicyle production back to
Wisconsin? 

Not likly.....

--
C'est bon
Soloman