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Joeri 2 days 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.

tailscaler2026 2 days ago | parent | next [-]

No 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 2 days ago | parent [-]

Anakin stare

altairprime 2 days ago | parent | prev | next [-]

That’s a “Furthermore”, not an “Actually”. There are multiple layers of corruption here, not exclusive reasons that conflict.

Ferdinandpferd 2 days ago | parent | prev | next [-]

Actually, I think that is 3 times. These people have the vote that matters in US democracy (and law).. The Cash majority.

stogot 2 days ago | parent | prev [-]

Source?

lobsterthief 2 days ago | parent [-]

Just Google it yourself; numerous legitimate publications have reported on it.