Path: news.eternal-september.org!eternal-september.org!.POSTED!not-for-mail
From: AMuzi <am@yellowjersey.org>
Newsgroups: rec.bicycles.tech
Subject: Re: Tariffs and bikes
Date: Fri, 4 Apr 2025 12:21:26 -0500
Organization: Yellow Jersey, Ltd.
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On 4/4/2025 12:08 PM, Catrike Ryder wrote:
> 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

As I have noted for about 40 years, no one who wins a lotto 
says they will build a US manufacturing plant.  Compared to 
most of the earth, regulation, tax and labor are extremely 
unfavorable. Not impossible, but daunting. My hat's off to 
the determined few who stay at it.

And no respect at all to the zombie organizations pretending 
to be businesses as they rely on government handouts.

-- 
Andrew Muzi
am@yellowjersey.org
Open every day since 1 April, 1971