Home › Forums › Decaffeinated Coffee › Trump’s 25% tariff on single malt Scotch
- This topic has 29 replies, 15 voices, and was last updated 5 years ago by yehudayona.
-
AuthorPosts
-
October 3, 2019 9:02 pm at 9:02 pm #1791130yaakov doeParticipant
How can we best protest this new tariff soon to go into effect? This will impact a great many of us. Don’t dare suggest that we drink bourbon or Israel “scotch”.
October 4, 2019 2:12 pm at 2:12 pm #1791244lowerourtuition11210ParticipantI guess you should buy your supply for Simchas Torah before October 18th.
October 6, 2019 12:58 pm at 12:58 pm #1791466yaakov doeParticipantThere are a lot more Shabossim and Yom Toivim besides Simchas Torah when a shot or 2 goes between the fish and the meat. The Trump tariff is an unfair tax on Yiddim. I don’t see him winning this trade war anytime soon.
October 6, 2019 3:29 pm at 3:29 pm #1791526LOTR92ParticipantUnfair on yiddim?!?!?!?!?!?!?!? Do you actually believe this is pointed toward yiddim????
October 6, 2019 3:29 pm at 3:29 pm #1791510LightbriteParticipantOlive oil too!
October 6, 2019 3:29 pm at 3:29 pm #1791508Rebbe YidParticipantTax starts Oct 18, and ends Oct 31 when UK leaves EU.
October 6, 2019 8:30 pm at 8:30 pm #1791629Ex-CTLawyerParticipantI don’t care high high the tariffs are raised on Single Malt Scotch. I didn’t buy it before and I won’t be buying it now.
I believe that sin taxes: alcohol, tobacco are a good thing. If a high price reduces drinking and smoking I approve.October 6, 2019 8:31 pm at 8:31 pm #1791634akupermaParticipantThere are some excellent alcohols from other countries with a proper hecksher, and in an event unless Scotland leaves the UK and stays in the EU, Scottish whiskey won’t be covered by an EU tariff post-Brexit.
October 7, 2019 12:19 pm at 12:19 pm #1791730lakewhutParticipantCTLawyer because you are a Democrat and democrats always take positions that go against individual liberty.
October 7, 2019 10:33 pm at 10:33 pm #1791916akupermaParticipantThe idea of a tariff, unlike a tax, is not to reduce consumption but to shift consumption to an American brand, e.g. instead of Scottish Whiskey, buy American Bourbon.
“Sin taxes” may be a good idea, but no one found a way to tax lawyers.
October 7, 2019 10:58 pm at 10:58 pm #1791910Matan1Participantlakewhut, what about gay marriage?
October 8, 2019 8:14 am at 8:14 am #1791936Ex-CTLawyerParticipant@Akuperma
Wrong again………………………
Effective October 1, 2019 Legal services rendered in the State of Connecticut are subject to 6.35% sales tax. That is on top of income, purchases of supplies and services, licensing and property tax on all furniture, fixtures, office equipment in our offices.October 8, 2019 9:49 am at 9:49 am #1791948garlicParticipantI enjoy a good drink and think bourbon although different taste than scotch is very enjoyable.
October 10, 2019 9:04 am at 9:04 am #1792156👑RebYidd23ParticipantCTLAWYER, buying alcohol is completely different from drinking alcohol.
October 10, 2019 9:06 am at 9:06 am #1792163akupermaParticipantMy complements to Connecticut, though for a “sin” tax that is a low rate.
October 10, 2019 1:08 pm at 1:08 pm #1792169lowerourtuition11210ParticipantLightbrite: from what i heave read it is specifically Spanish olive oil, not all olive oils.
October 10, 2019 1:08 pm at 1:08 pm #1792170Ex-CTLawyerParticipantAkuperma
The state legislature looks at the target amount of revenue to be raised when setting rates.
A pack of cigarettes is about &10 so $1 in additional sin tax raises X dollars in taxes. Connecticut lawyers bill an average rate of $275 per hour so a lower percentage tax brings in the target revenue. In my case I bill about twice that rate for office work and triple for trial work. So my monthly tax remittances will be far above the state average until I retire in the not too distant future.October 10, 2019 1:55 pm at 1:55 pm #1792239👑RebYidd23ParticipantWhy is buying alcohol a sin that needs to be taxed?
October 10, 2019 4:25 pm at 4:25 pm #1792258rabbigreenspanParticipantCTLAWYER
None of us would care about these tarrifs if we were making 550-825 an hour. How bout a regular guy on a $15/hr wage who wants a shot of scotch between the fish and the meat?October 10, 2019 11:37 pm at 11:37 pm #1792292Ex-CTLawyerParticipantI did NOT say I was making 550-825 per hour. I said I bill those amounts. All the costs of running my law firm come out of revenues billed: salaries for employees, rent, utilities, insurance, employee benefits, employee education, licensing and professional fees. All the free initial consultaions conducted where no business is generated. The payroll for pro bono cases and tzedaka.
October 11, 2019 12:43 am at 12:43 am #1792312klugeryidParticipantWhy would you drink scotch anyway
Reminds me of the baalay simcha who mix the ends of all their bottles into the “blue label ” bottle and laugh their way through the night, as one expert after the next pronounces it the greatest scotch around!
Drink bourbon!October 11, 2019 12:43 am at 12:43 am #1792314rabbigreenspanParticipantCTLAWYER
Based on your statement that your taxes went up 27k because of new tax cuts, and your property being valued at the highest at 900k (meaning you pay max 17k in property taxes of which 10 is still deducted, and 20 in state income tax, which at the highest rate would be 7%) your yearly income in my humble estimate is over 300k a year. Like I said,it’s easy for you to not worry about a tariff on scotch.October 12, 2019 8:49 pm at 8:49 pm #1792633Ex-CTLawyerParticipantRabbigreenspan
I don’t drink or buy Scotch. In fact, beyond wine for kiddush I drink next to no alcohol.
October 13, 2019 1:05 pm at 1:05 pm #1792740BaltimoreMavenParticipantCTL; isn’t part of the Mitzvah of Hachnosas Orchim to serve the guests what they enjoy? If so, and assuming you have guests, and assuming further that one or more enjoy Scotch, shouldn’t you therefore buy some? At least periodically?
October 16, 2019 1:23 am at 1:23 am #1792962rabbigreenspanParticipantlawyers are twice as likely as regular people to be alcoholics, maybe hes a recovering addict and cant have alcohol at home.
October 16, 2019 11:24 am at 11:24 am #1793009Ex-CTLawyerParticipant@RabbiGreenspan
Just should be ashamed of yourself casting such aspersions right after the Yomim Noraim.I can have alcohol anywhere I please that is legal. I just don’t waste the calories on something I don’t enjoy.
On the rare occasion that I drink hard liquor it is Canadian Club.As for serving guests, we have a well stocked bar, but my relatives and guests consume almost no scotch.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
As for your attempts to figure out my income, nice try but no cigar. I own and pay taxes on more than one house in CT. Thus, the 10K tax limitation is an issue. We also pay property tax on cars and have state income tax in CT. All deductions above 10K are gone. I am just talking about residential non-income property. Taxes on income property are deducted fully from income when figuring net income subject to tax.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
As my father Z”L always said: don’t complain about paying income tax, you’ve got to make it to pay it.
I simply explained how the Trumpian tax scheme has cut my available dollars for Tzedaka.BTW>>>I don’t have any single malt laying around, but there is a case of Johnnie Walker Blue sitting in a corner of my office gathering dust. It was a gift from a grateful client after winning custody of his children from his ex-in-laws who prevented his visitation for six years. No one in the family wants it, I figure I’ll re-gift it come the winter holiday season. Should I save you a bottle?
October 16, 2019 3:04 pm at 3:04 pm #1793191rabbigreenspanParticipantSorry if you took that personally, im pretty sure everyone else realized that was a joke. And you dont make 300k but you own multiple properties, I know im beating a dead horse but all i was doing was differentiating between you and the average guys views on a tax raise. If federal income tax would go up $500 across the board joe shmo would be hurt more than you. perhaps sales taxes and sin taxes should be progressive just like income tax. And i would be more than happy to take the blue label off your hands!!
October 16, 2019 3:05 pm at 3:05 pm #1793192yaakov doeParticipantCT Lawyer, Johnnie Walker Blue is an overpriced status Scotch that doesn’t compare with a bottle of moderat;ly priced 12 year old “Livit , Singleton or even Toumintol Tlath.
I haven’t see Canadian Club in a great many years. Years ago it was commonly served in shuls along with Seagrams. Try a dram of single malt and you’ll see what you’re missing. In keeping with the chassidish minhag it goes great between the fish and the meat on Shabbos Kodesh.October 17, 2019 10:10 am at 10:10 am #1793310Ex-CTLawyerParticipantYaakov Doe
I have tried single malts and do not like them
This misnagid doesn’t need to try a chassidic trafition
I tend to have lemon sorbet or fruit between fish and meat coursesOctober 17, 2019 8:47 pm at 8:47 pm #1793366yehudayonaParticipantYaakov Doe, I happen to know that you’re only Chassidish on Purim.
October 18, 2019 9:46 am at 9:46 am #1793533Ex-CTLawyerParticipantThis is NOT Trump’s tariff!!!!!!!!!!!!!!!!!!!!!
I make no secret of my disdain for Trump, but he is not to blame for this.
These new tariff’s are the result of a finding that European Governments illegally subsidized Airbus giving it an unfair trade advantage over Boeing. The court found in Boeing’s favor and ordered the US institute XXX dollars of tariffs on goods from these offending countries to make up the lost export business by Boeing.
There is another case pending with Airbus accusing the USA of the same action to support Boeing. If Airbus wins, next year the host countries will institute tariff’s on US goods to make up Airbus losses.
Consumers don’t but commercial airplanes, but they will pay the cost of government interference in airplane sales.
October 20, 2019 10:12 am at 10:12 am #1793731yehudayonaParticipantPlurals don’t have apostrophes, unless they’re possessive plurals.
-
AuthorPosts
- You must be logged in to reply to this topic.