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cross-posted from: https://lemmy.world/post/29369418
this post was submitted on 09 May 2025
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Leopards Ate My Face
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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!"
That's sounds roughly equivalent to "structuring" in the money laundering industry.
Look, he voted for Trump too. Clearly the guy doesn't think anything through or even have good ideas.
Thats not it at all. Theres a big difference between 15% import taxes and 200%
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