this post was submitted on 09 May 2025
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Leopards Ate My Face

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[–] Speculater@lemmy.world 71 points 1 month ago (3 children)

The de minimus exemption was never meant to be used as a loophole by any business, big or small. He's basically admitting tax fraud. "I bought lots of sub $800 orders to avoid paying taxes and it's the only thing that kept me profitable!"

[–] BradleyUffner@lemmy.world 30 points 1 month ago

That's sounds roughly equivalent to "structuring" in the money laundering industry.

[–] ChicoSuave@lemmy.world 18 points 1 month ago

Look, he voted for Trump too. Clearly the guy doesn't think anything through or even have good ideas.

[–] Steve@startrek.website 11 points 1 month ago (1 children)

Thats not it at all. Theres a big difference between 15% import taxes and 200%

[–] funkless_eck@sh.itjust.works 11 points 1 month ago

that is what the de minimis loophole is though, and it is ideologically consistent with tariffs and trumps economic view so it is what he voted for