8 ms·
Actually, a sizable chunk of the refunds will go to companies like Cantor Fitzgerald, the company of the commerce secretary Howard Lutnick (or his sons, which i
by Joeri 5mo ago
Actually, a sizable chunk of the refunds will go to companies like Cantor Fitzgerald, the company of the commerce secretary Howard Lutnick (or his sons, which is the same thing), that bought the tariff refund rights last year for 20% of the refund value. While Lutnick was ostensibly pro-tariff, his company was betting against the tariffs being legal, and now will collect refunds paid by the American taxpayer.
So in reality, the tax payer is on the hook twice: once for paying the tariffs through increased prices, and once for the debt created by the people disbursing refunds to themselves.
- Ferdinandpferd 5mo agoActually, I think that is 3 times. These people have the vote that matters in US democracy (and law).. The Cash majority.
- tailscaler2026 5mo agoNo worries, DOJ is no doubt already on the case, as we saw with the polymarket arrest. No way they'd let blatant self dealing propelled by inside information slide right?
- cosmicgadget 5mo agoAnakin stare
- altairprime 5mo agoThat’s a “Furthermore”, not an “Actually”. There are multiple layers of corruption here, not exclusive reasons that conflict.
- stogot 5mo agoSource?
- lobsterthief 5mo agoJust Google it yourself; numerous legitimate publications have reported on it.