"Walmart should help hide the effects of my shitty policy."
Anticonsumption
Not that I mind Walmart losing billions of dollars, though, that is a silver lining, shall we say
Any buyersβ remorse yet, billionaires?
Anti-capitalist crusader and corporate tax advocate, Donald Trump
Or, and hear me outβ¦Why not just tax their earnings, like a non dipshit?
Guess who still pays for it π
If we raise prices consumers will just demand higher salaries and we'll pay for it anyway, there's no point.
Probably the same ones who paid for it all the way back in 1987, when their tax rates were 42.5%. Theyβre now half that, where did all that money go?
Pockets of the board
Trump really doesnβt understand marketsβ¦
he doesnt need to ; bc he's a celeberty
I will post this here too, since you double posted.
This thought process is going kill small businesses that cannot absorb tariffs. If Walmart sell an item that I also sell in my shop and Walmart keeps the item the same price it was before the tariffs, but I have to raise my price, where do you think people are going to buy?
Let us use Pokemon cards as an example. Packs are about $4.49. Typical keystone markup dictates we are paying ~$2.25 per pack (I wish I was paying that little for pokemon). But now there is a tariff of 50% and the manufacturer wants to pass that cost along to the consumer, so I am now paying $3.37 a pack, so if I want to keystone I need to sell at $6.75, while Walmart absorbs the cost and sells at $4.49. That does not look like too much.
But what about a $150 board game? I am now selling it at $225 and Walmart still has it at $150, I look like the greedy bastard trying to milk my customers.
Trump is literally demanding Walmart to play into their market dominance.
He is an utter moron. Walmart has no need to do this, there's little left of local markets for them to squeeze.
He also does not understand the stock market. Walmart stock holders would not accept the company eatting the tariff tax.
I think this is more or less the goal, kill all the small businesses.
Always has been
But what about a $150 board game?
Whoa whoa whoa whoa, you had me until this gem.
What the ever living fuck warrants a $150 price on a BOARD game?
That fucker better have gold pressed latinum as its currency and come with a few bars along with Trinity glass d20s.
/Stomps off in old man nerd fashion
Let me introduce you to Gloomhaven, or HeroQuest, or Nemesis, Lords of Ragnarok, Monster Hunter.
Well I guess it's better than Star Citizen and you get actual items...
These high ticket board games are not like Candy Land, or Parcheesi. Nemesis has multiple characters you can play, each has different abilities, there are multiple scenarios, different maps, as well as different enemies to face.
Monster Hunter plays a lot like the video game, it has beautifully sculpted miniatures. Your character advances in levels as you play different adventures. You can upgrade your gear.
HeroQuest (you may be familiar with this one from the late 80s / early 90s) has a ton of miniatures, and terrain/scenery. It has multiple quests, which allow for character advancement.
Of the games I listed I think only Nemesis and Gloomhaven are actually $150 or over. The rest are in the $120-130 range.
A lot of the higher end games are more in the $100 bracket.
What's the last time you've bought a board game? A mix of the pandemic, more people in the hobby and a few big examples becoming so popular they defined the new norm on pricing, means $150 for a board game is extremely common. It's not even the most expensive example.
What are some games that are worth it are this price?
The correct phrase is "the enemy of my enemy is my enemy's enemy." They may or may not be your friend.
Walmart profit margins are razor thin(4%?). Yes, they made billions but only because they had insanely high revenue. If you have a 30% extra cost, even if Walmart absorbed as much as possible (4%), the price would still go up 26%(actually more).
People who think companies can absord such a sudden and drastic increase in cost are clueless.
This video explored the tariff cost on computer hardware, with some companies giving actual numbers. It shows how even small increases in tariffs(or any cost) can completely destroy the bottom line
How thin would their profits be if their c level employees were making even only twice as much as their managers?
It's a similar thought I have of charites/not-for-profits. Be that as it may be, but that doesn't stop their senior mgt take massive pay packets and still get to hide behind what they are
He said China would eat the cost originally lol
And Mexico would build the wall.
And Canada would just bend over
What ever happened to taking back the Panama Canal?
Or Greenland, heard its "cold as shit"
Come on Donald, Tariffs and PRICE CONTROLS!
In other words, the Walton family needed to donate to his coronation
They did though? I thought.
Not enough... maybe a plane?