Microblog Memes

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A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.

Created as an evolution of White People Twitter and other tweet-capture subreddits.

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Fox viewers STILL imagine that foreign exporters will simply reduce their profit margins to 0, or even go into debt, for the privilege of selling trinkets to Americans. (infosec.pub)

submitted 1 month ago by Yerbouti@sh.itjust.works to c/microblogmemes@lemmy.world

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[+] sunzu2@thebrainbin.org -34 points 1 month ago (16 children)

You made a factually incorrect assertion on which you were checked.

Think about where you are getting these ideas from

[–] Yerbouti@sh.itjust.works 13 points 1 month ago (12 children)

What false assertion? I said MAGA still don't understand they are the ones who will be paying the tariffs, and I'm right. Maybe try Truth Social? I'm sure you would get along with the people there.

[+] sunzu2@thebrainbin.org -26 points 1 month ago (9 children)

You have a juvenile understanding of the topic and also prepeating propaganda.

Tariff is a tax on corporate profit margin first and foremost.

Any accountant r economist can tell you this.

Managing tariff obligations requires a thorough understanding of the related accounting practices. These costs must be accurately identified and recorded in inventory valuation to ensure financial statements reflect the true cost structure of the business. Adherence to GAAP and IFRS is essential for accurate reporting.

Tariffs can create significant cash outflows, affecting liquidity and necessitating robust forecasting models to predict these impacts. Strategies such as negotiating extended payment terms with suppliers or optimizing working capital can maintain financial stability. Additionally, leveraging tax credits or deductions available under the Internal Revenue Code can offset some tariff-related financial burdens.

https://accountinginsights.org/protective-tariff-example-how-it-impacts-accounting-and-finance/

Sure some of that will likely ended up being "paid by maga"

But skipping the impact on corporate profit is you being either disingenuous or a useful idiot.

[–] RattlerSix@lemmy.world 5 points 1 month ago

But skipping the impact on corporate profit is you being either disingenuous or a useful idiot.

OP's point is clearly that maga idiots think exporters (e.g., Chinese companies) pay for tariffs and will gladly do so, because they live in an alternate reality thanks to Fox news. You're mad that he isn't pointing out one aspect of actual reality.

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