Tag: Pay

  • Debating Whether the 49ers Should Pay Their QB


    Screams echoed across Bernal Heights Park in San Francisco, interrupting an otherwise peaceful morning back in April. “Coyote!”

    Distance made this young man difficult to peg. Diminutive. Dressed like a farmer. Surrounded by TV cameras.

    Coyote!

    This didn’t surprise Sara Donchey, a news anchor at KPIX, who lived nearby and often walked her dog, a Doberman rescue, at that park. Coyotes also roamed there frequently. She saw or heard them, howling late into the night at fire trucks or ambulances speeding by, sirens blaring. She still walked her Doberman without affixing leashes. These coyotes weren’t attackers. And, scary as they sounded, her Pinscher towered over them.

    Coyote!

    She stared at this man, the famous agronomist or rancher or whatever. Noticed he didn’t panic. Seemed almost shy. His voice did surprise her. It boomed, as if detached from that puny body and attached to a powerful amplifier.

    Yo! Coyote!

    Was he … pointing? At? Maybe? Her?

    Donchey turned around. And when she turned, she saw not just a coyote but a “massive” one. Bigger than any she had seen before. “This guy had been eating well for a long time,” she told Sports Illustrated months later.

    She leashed the Pinscher and hurried backward, Doberman in tow. Security guards charged toward them, up a hill.

    Story gets stranger. Turns out, this man, the farmer whose voice echoed, wasn’t a farmer at all. He had partnered with John Deere that spring. The company made him its first Chief Tractor Officer, creating a promotional position that had not previously existed. Their partnership meant he would create content and influence, thus shining a brighter spotlight on hot topics such as farming and construction. He would do both with the same methodical anti-flair that powered unexpected success at his actual job, the one few expected he would have.

    Donchey cannot recall the precise distance between coyote and self/Doberman. Really close covers it. Maybe 20 feet away. Typically, when coyotes howl, they emit a hissing sound. This coyote didn’t hiss. Didn’t move. Eventually, confrontation avoided, off it went.

    Hadn’t a friend who also used that park mentioned a commercial would be filmed there? Didn’t the spot feature football players? San Francisco … diminutive … famous enough to become a Chief Tractor Officer.

    Of course. Wonderboy quarterback. Statistics that twinkle. Career that gleams, mostly, three seasons in. Noodle Boy body. Might do tax returns in his spare time.

    Brock Purdy!

    As with all elements that form the dilemma regarding his football future in San Francisco, even the coyote rescue would be twisted and reframed in subsequent months. Purdy had exaggerated the tale. Which wasn’t true. Purdy had saved Donchey’s life. Which also wasn’t true.

    That’s the Brock Purdy Dilemma, or BPD, where extreme takes drown out nuance, discouraging more thoughtful debates, especially around the contract extension he’s due this spring. The actual coyote-story takeaway was far simpler. “I saved Brock Purdy  from three days of having to answer questions about football,” Donchey says.

    (For the record: Pay him, she says.)

    Depending on the time of day, the alignment of the moon, groundhogs, Facebook, dudes at the office coffee machine, lucky socks, Uber Eats delivery drivers and an uncle who memorized every bullet point in San Francisco 49ers lore, Purdy is viewed as … one of the NFL’s best quarterbacks.

    Depending on those same factors, minus the uncle and the groundhogs, but adding the temperature in Bismarck and the average Oregonian’s wherewithal to remember pi through eight digits, Purdy is viewed as … the worst quarterback ever to don shoulder pads.

    Why do we feel this way?

    Care so much?

    Argue about caring?

    Twist facts, logic, reason?

    Stand up for someone we’ve never met?

    Shoot down objective, quantifiable success?

    To find out, Sports Illustrated made a terrible decision this fall. The plan: embark on a season-long analysis of Purdy. The process: interviews, film study, research and more than one failed attempt to coax the quarterback into weighing in. Can’t blame him, given both the season (bad) and the dilemma (complicated before it started; growing more so weekly). The goal: to understand the BPD and separate fact from fiction, layering nuance onto poorly established narratives.

    Cruise by Purdy’s page on Wikipedia and notice the staggering tally of anonymous editors … fighting … day after day … to craft their version of the BPD.

    Supporter: Purdy plays best when stakes elevate.

    Skeptic: But what about this season?

    Supporter: Won more, amid dire circumstances, than most anybody else would have!

    Skeptic: Wins aren’t a quarterback stat!

    Purdy just keeps playing, evolving, dividing. Only now, with that extension looming, BPD stakes elevate higher and higher, higher than ever before. The Niners will pay Purdy nine figures, in the $300 million neighborhood. Or they will not pay him, at all, after next season, when he hits free agency.

    This marks a lifelong duality for Purdy. It says as much about us, a divided nation of football-obsessed nonexperts who think we understand what happens every Sunday but do not, not really, not the way people in football understand it. Which doesn’t stop anybody from howling like the coyotes roaming Bernal Park.

    It’s best to lay out the BPD in four steps. Step 1: Doubt. Step 2: Purdy excels; overcomes this doubt, and forces shifts in perception, along with belief in what we see but our eyes don’t trust. 3: We set new expectations. 4: Paradigms change, rotating the BPD back to Step 1.

    Some believe Purdy deserves a my-own-mint-level extension. Others believe he’s not worth the mints that Olive Garden servers place atop each check. It goes and goes, this hamster wheel born from Skip Bayless’s mouth, disaster and euphoria, First Take and worst takes and all the takes. Everything swirls without end.

    Hasn’t he done enough already? Purdy might project as the weakest entrant in an accounting firm’s annual arm wrestling contest. He still starred for a college program that’s Division I but not major; was still selected, famously, with the final pick in the 2022 NFL draft; still started for a playoff team; became a franchise quarterback; made a Super Bowl; elevated a proud franchise; lost a Super Bowl; all while inspiring hope and … doubt.

    Purdy-related perception began in conflict. Whether in youth football, high school, college or the NFL, doubt always threatened to envelop him. And, yet, Purdy always convinced some who mattered to believe in him.

    The pattern started in youth football, near his hometown of Queen Creek, Ariz. Age: 11. League: San Tan. Team: Special Forces. BPD: present, even then.

    In previous interviews, coaches from those teams framed Purdy’s initial position—right tackle!—in simple terms. They could only start one quarterback. They made him their backup.

    Well, yeah, says Robbie Bond, Purdy’s youth teammate for two seasons, including that one. Young Purdy struck Bond as smaller, smart, nice kid.

    “Sadly, our coaches didn’t recognize his potential. He wasn’t as tall as the quarterback who started over him. [The starter] was essentially a wide receiver they made into a quarterback.”

    – Robbie Bond, Purdy’s youth teammate

    “Sadly, our coaches didn’t recognize his potential,” Bond says. “He wasn’t as tall as the quarterback who started over him. [The starter] was essentially a wide receiver they made into a quarterback.”

    Bond’s father, who coached a younger Special Forces team, told his son he advocated for swapping in Purdy. “He always said [Brock] was uncanny,” Robbie says. “Like he always knew where everybody was and everyone’s presence in the pocket. He could read the field really well.”

    That team reached the league championship anyway, where a San Tan power that had blown out the Special Forces earlier that season awaited. At halftime, down 21, coaches finally subbed in Purdy. “Made a comeback,” Robbie says. “Lost by a touchdown. He completely changed the game.”

    No one ever doubted Purdy’s abilities again. 

    Said no one, ever, from then to now.

    Career motto: Delivering amid doubt.

    The pattern held. At Perry High, Purdy didn’t make the varsity his freshman year. He split time as a sophomore. After coaches finally made him the starter, Purdy led Perry to back-to-back state championship appearances. Perry lost both games.

    He landed a scholarship to Iowa State but didn’t start his first game. He still played in all four seasons, starting 48 games, throwing for 12,170 yards and 81 touchdowns, while fashioning his own month, October. Still, he peaked in his sophomore campaign and went with the final-answer pick to San Francisco in the 2022 draft.

    Purdy projected as a developmental type, a ceiling in the neighborhood of career backup. Thus, Purdy became Mr. Irrelevant.

    Even then, he had experience. Tools. Talents. Elite brain.

    In San Francisco, Purdy began his NFL career as the 49ers’ third-string quarterback. He lived with roommates, a pair of Niners teammates. When they dressed up as Dr. Seuss characters for a team Halloween party, he still hadn’t played a snap. He would play, after injuries shelved both quarterbacks in front of him. He would win his first eight starts, vaulting San Francisco into the conference championship game, where it lost, largely because he tore the UCL in his throwing arm and hardly played against the Philadelphia Eagles.

    All doubt ended there, right? Wrong!

    Actual football experts noticed what everyone should have seen. Purdy commanded huddles. Controlled presnap machinations with ease. Played with a distinct, favorable rhythm. Manipulated defense. Threw a catchable ball. Never strayed far from trademark traits: efficient, methodical, calm.

    “He’s just one of those guys,” says Kurt Warner, NFL legend; Purdy, essentially, before Purdy. “They’re good in college. But we’re seeing better versions in the NFL.”

    This arc, Warner explains, is not without precedent. It’s still rare.

    Exceptions typically bloom late, for a variety of reasons, from poor system fits to bodies that don’t scream prototypical quarterback.

    Drew Brees praised him. So did Deion Sanders, Joe Montana, Steve Young, Jerry Rice—a Mt. Rushmore of endorsements from 49ers icons. Purdy finished third in offensive rookie of the year voting. Became a captain. 

    His personal body coach, part physical therapist, part trainer, Tom Gormely, soon reached the conclusion that statistics and film study, and analytics all pointed toward: “Brock might be a game-changer.”

    San Francisco 49ers quarterback Brock Purdy

    Purdy has been surrounded by elite teammates such as linebacker Fred Warner, offensive tackle Trent Williams, running back Christian McCaffrey, tight end George Kittle and wide receiver Deebo Samuel. / Kyle Terada-Imagn Images

    He still endured so many blizzards of criticism that supporters nicknamed a legion of critics that had grown rather than shrunk. The Brock Purdy Hate Train formed an anti-bandwagon. No matter how well Purdy played, or for how long, members always had explanations ready to minimize his impact.

    First, they chose the tiredest trope in professional football. Purdy won because of everyone else around him. 

    Truth is, Purdy did have elite teammates. First-team All Pros such as George Kittle, Christian McCaffrey, Deebo Samuel and Trent Williams. He did play for an elite coach in Kyle Shanahan, one of football’s most innovative and creative offensive minds.

    “Surrounded by talent” boxed Purdy into another false construct. That’s the point of shaping an explosive offense. No team attempts to build one with mediocre blockers and skill-position stars signed at the nearest Circle K.

    Warner begins listing great quarterbacks and their equally great, if not even greater, offensive teammates. Joe Montana … (long list) … Steve Young … (long list) … Tom Brady … (long list). “I can’t name a guy that’s great who was surrounded by ‘average’ talent his entire career,” Warner says. “There isn’t any. Because it just doesn’t happen that way.”

    The problem: brains. They’re magical, intuitive, liars. Notions take hold. Some stick. Others cement. All inform the binary lens typically applied to sports stars. Heroes and villains. Conquerors and underdogs. Brocktober and Mr. Irrelevant. But Purdy straddled and blurred lines intended to easily delineate value in the NFL.

    “And blah, blah, blah,” Warner says. “Based on what we’ve seen so far, [Purdy] is the best we’ve seen in that system, with those players, with Kyle Shanahan. Say what you want. Best in that system. Period.”

    Purdy delivered more proof in his second season. He recovered in record time from the UCL tear but wasn’t canonized, nor labeled heroic, the product of will, modern science and uncommon grit.

    Debate made even the criticism of Purdy more extreme. Consider Ryan Clark, one of the most astute analysts in pro football, who opined that Purdy wasn’t Patrick Mahomes, Josh Allen or Lamar Jackson. Pretty benign take. Accurate, too. But reactions bent toward whoa, as if Clark had assaulted Purdy’s beloved golden retriever.

    Look around the NFC, he told SI earlier this season. Which QB would you most want running your offense? Maybe Jared Goff in Detroit. Maybe Jordan Love in Green Bay. Also: Purdy.

    Clark watched Purdy elevate during the 2023 season. He ranked first in touchdown percentage (7.0), yards per attempt (9.6) and yards gained per pass completion (13.9). Finished second in completion percentage (69.4). Third in touchdown passes (31). All while setting a new franchise single-season passing yards mark (4,280), finishing fourth in MVP voting and sixth for offensive player of the year.

    The cute nature of his origin story, Mr. I, and that magical rookie campaign, squared even less with Purdy’s MVP-caliber play. We saw Purdy, a librarian in shoulder pads. We saw Purdy, engaged in his best Joe Montana impersonation. Purdy never had “that insane physical build, right?” Clark says.

    “We’re seeing Brock become that franchise guy,” Clark says. “He took another step toward that [in 2023]. He is now one of the better, top quarterbacks in the NFC. It’s all evolution.”

    San Francisco 49ers coach Kyle Shanahan and quarterback Brock Purdy

    Purdy has flourished under the tutelage of Shanahan. / Matt Kartozian-Imagn Images

    Consider the trio Clark described, throw in Joe Burrow, and that’s, roughly, the entirety of Tier 1-caliber NFL quarterbacks. Guys who win games regardless of caliber of opposition, matchups or schematic wrinkles. (Burrow spent this season testing that theory.) 

    The second tier consists of elite quarterbacks who need better construction around them to raise Lombardi Trophies overhead. Think: Jalen Hurts, Jared Goff, Justin Herbert, Jordan Love, Kyler Murray, Jayden Daniels, Matthew Stafford, Sam Darnold, Dak Prescott (when healthy) and … Purdy.

    Teams pay them, almost always, absent better or cheaper alternatives, which are rare beyond rare and typically involve good fortune. And no team feels great about the total they’re forking over to a Tier 2 quarterback. 

    In theory, San Francisco could dump Purdy after next season. The Niners could bargain shop for a Sam Darnold ($10 million this season) or Geno Smith ($25 million). They could rent a veteran, but cost and impact relative to cost both come with a variance tax attached: Baker Mayfield ($33.3 million average), Derek Carr ($37.5 million), Aaron Rodgers (same) or Kirk Cousins ($45 million). They could whiff badly, like the Cleveland Browns did when they traded a king’s ransom and paid Deshaun Watson, on average, $46 million. Or they could pay top dollar for better options that still don’t meet the casual-fan criteria for value relative to contract, which is always skewed by the tally of cash involved. Like Murray ($46.1 million average), Hurts ($51 million), Tua Tagovailoa ($53.1 million, as a fringe Tier 2 QB) and Trevor Lawrence ($55 million, same).

    Purdy entered 2024 after an active offseason. He spent weeks in Jacksonville, training with Will Hewlett, his personal throwing coach, and Gormely. Got married. Hosted football camps. The prospects sometimes looked older than him.

    Everything was changing. Except the BPD, which seems destined to percolate for every NFL snap Purdy ever plays.

    Hewlett pushed a healthy Purdy deeper. They focused on pelvic rotation so Purdy could rotate more into and through each throw. Purdy added mobility in both hips and spine. The combination opened his body slightly as he threw, which forced a better arm slot—more “laid back,” per his coach’s description, because that’s exactly what happens to a throwing arm with additional body rotation added to the motion, creating more of a whip, adding more dynamic elements to Purdy’s fortifying skill set.

    By training camp, Hewlett saw passes that zipped from Purdy’s arm with higher velocity and additional spin. Small gains in those related areas meant Purdy could throw harder when he wanted to explore ever-tighter windows or needed extra oomph.

    Despite injuries to McCaffrey, Kittle and Samuel; despite losing McCaffrey for the bulk of 2024; Purdy showcased those improvements through the first quarter of the season. Absent more typical targets, Purdy turned Jauan Jennings into Jerry Rice. Leaned on McCaffrey’s backup, Jordan Mason. Limited mistakes. Made throws most NFL quarterbacks can’t make.

    Purdy, Gormerly says, can speed to his fourth target on a given progression in roughly 1.5 seconds. “That’s his superpower,” the coach says. “How quickly he processes the game.”

    Hadn’t his first 25 NFL starts already proven that? Since the AFL merger, the three quarterbacks who held the highest passer ratings after 25 career starts were named Mahomes, Warner and … Purdy, who ranked ahead of them.

    In those starts, Purdy won 19 times, completed 69.1% of his passes, threw for 6,508 yards and 47 touchdowns and amassed a passer rating of 112.6. He set all sorts of single-season franchise records—for a franchise that played Montana and Young and Jeff Garcia and Colin Kaepernick. 

    Surely, the hate train would come around. No! Mr. I ensured Purdy would forever be viewed, at least in part, as The Quarterback Who Doesn’t Look Like One. That he doesn’t buy into such Rudy-esque notions, that he never has, only clouds the picture even more. Much like the end to this miserable San Francisco season.

    To say injuries enveloped the Niners’ roster in 2024 is to traffic in comical understatement. Hints of doom started in the preseason, when reports surfaced that McCaffrey wasn’t healthy. He would fly to Germany to seek answers in September, after team doctors upgraded his diagnosis from “calf strain” to “bilateral Achilles tendinitis.” He didn’t play a single snap until Week 10. The season, at that point, was not lost, to Purdy’s credit—which he still didn’t receive.

    The season died, officially but unofficially, at Miami in Week 15. Both teams entered 2024 with high-but-realistic expectations. Both endured significant injuries to pivotal players or position groups. And, yet, after the Dolphins spanked the Niners, they were billed as resilient. San Francisco, with one fewer victory, was a disaster, total collapse fulfilled. Rather than nuance, blame pointed back at Purdy.

    Skeptics could have chosen to view Purdy within that lost-season calculus, as a valiant competitor fighting against an injury plague and even worse—two teammates lost children to stillbirth this season; another, rookie first-round wideout Ricky Pearsall, was shot in the chest during an attempted robbery and didn’t play until Week 7. Purdy still had success, for long stretches, without so many of the teammates so talented they received all credit for any of his success. But the 49ers didn’t stumble. Shanahan did. Purdy did.

    The Niners also held onto the playoff fringe far longer than most teams, amid the same set of terrible circumstances, would have. Maybe that’s because … (ducks) … Purdy had … (dons bulletproof vest) … a significant … (dons Viking helmet) … positive … (enters witness protection) … impact?

    How this season counts in relation to the contract extension depends on how the person analyzing it considered Purdy before they began that analysis. If he’s Rudy, the little John Deere engine that, in 2024, could not, then it proves, once and for all, that without talented teammates he won’t amount to much. If Purdy could play, if he had elevated, then this campaign is proof of the opposite.

    What changed? Expectations! Paradigms! Health!

    Both parties know where the other stands. San Francisco wants him back—for the right price. He wants to stay—for the right price. The difference in “right price” is where the deal complicates. If the gap can close—and two sources currently working in San Francisco believe it will—expect an extension announced by March.

    If that happens, the BPD will power into overdrive.

    San Francisco compares favorably to other franchises in extending its best players. The Niners extended Kittle, McCaffrey, star pass rusher Nick Bosa and elite fullback Kyle Juszczyk in recent seasons. In each instance, the respective player signed a contract with an annual value among the top-three highest-paid players at their respective position.

    The parties agree on many points. That Purdy outperformed his initial deal, impact exponentially higher than expectations. That the 49ers aren’t the team they were in 2022 and ’23 without him. That he’s worth a major raise. But there will be changes before next season—significant changes.

    If the gap doesn’t close, expect Purdy in San Francisco next season. He’ll make $1.1 million for the base salary in the final year of his rookie contract. The 49ers should have at least $50 million in cap space. 

    If an extension doesn’t materialize, Purdy will then become a free agent (though the Niners could extend the argument another year with the franchise tag). Another team will pay the cash infusion the Niners deemed more important to allot elsewhere.

    And the BPD will still power into overdrive.

    San Francisco 49ers quarterback Brock Purdy

    Despite playing without several offensive stars, Purdy was able to throw for 3,864 yards and 20 touchdowns last season. / Kyle Terada-Imagn Images

    SI reached out to eight members of separate personnel departments across the league. All eight responded via phone call or text messages to a simple question: Would they pay Purdy?

    Six said yes.

    Five affirmed without hesitation. Each cited NFL economics, particularly with quarterbacks.

    One said yes with a disclaimer. He would unless the Niners embark on a complete overhaul. He wouldn’t rebuild around Purdy.

    Neither source would say definitively that they knew San Francisco had a plan firmly in place. They pointed to a franchise, instead, that’s deep into its “discussion” phase of an extension, despite anonymity granted in exchange for candor. Perhaps those discussions lead to the same place the other two execs from SI’s poll reached. Neither would pay Purdy, period.

    One, an AFC general manager, says he believes a Darnold or Smith will be available to a team like the Niners in 2026. They’ll be forced to pay more than they want but free up more money overall. The other said he didn’t buy Purdy as a cornerstone; loved him, just not at $55 million per year. Neither mentioned the upcoming quarterback draft class, which is generally considered weaker than normal.

    Even then, we’re gonna debate Purdy until 60 years from now, because we’re sports fans, and we love to argue and we play fantasy football, which makes this sport of actual professional football seem more relatable than it is. But, hey, at least as long as we make our arguments as vociferously as possible, they don’t even need to include things like … facts. Which just proves that Brock Purdy has had at least one irrefutable impact.

    We cannot, will not, won’t ever stop debating him.



    The question of whether the San Francisco 49ers should pay their quarterback has been a hot topic of debate among fans and analysts alike. On one hand, many argue that a successful quarterback is essential to the team’s success and therefore deserves to be paid accordingly. After all, the quarterback is often the face of the franchise and plays a crucial role in leading the team to victory.

    On the other hand, some argue that paying a quarterback a hefty salary can eat into the team’s salary cap and limit their ability to sign other key players. Additionally, there is always the risk that a quarterback may not live up to expectations or suffer an injury, leaving the team with a hefty financial burden.

    Ultimately, the decision to pay a quarterback comes down to a balancing act of weighing the potential benefits of having a top-tier quarterback against the financial risks involved. It will be interesting to see how the 49ers navigate this decision and what impact it will have on the team’s success in the coming seasons.

    Tags:

    49ers quarterback contract debate, should 49ers pay their QB, NFL quarterback salaries, analyzing 49ers quarterback performance, quarterback salary negotiations, NFL team salary cap, evaluating quarterback contracts

    #Debating #49ers #Pay

  • ‘Make them pay’: Canada puts Trump’s ‘first friend’ Elon Musk’s Tesla in the crosshairs of tariff war


    The tariff standoff between the US and Canada is heating up, and Tesla finds itself squarely in the crosshairs. Chrystia Freeland, Canada’s former finance minister and current Liberal Party leadership contender, has proposed a bold countermeasure: slapping 100% tariffs on select American goods, including Teslas, in direct response to President Trump’s threatened tariffs on Canadian and Mexican imports.

    In an interview with The Canadian Press, Freeland made her intentions clear. “We need to be very targeted, very surgical, very precise,” she said. The strategy isn’t just about economic retaliation — it’s personal. Tesla’s inclusion stems from CEO Elon Musk’s financial and operational backing of Trump, which Freeland didn’t shy away from addressing. “We need to look through and say who is supporting Trump and how can we make them pay a price for a tariff attack on Canada.”

    Tesla’s electric vehicles sold in Canada are primarily manufactured in the US and China. Imposing tariffs would inevitably hike their prices, potentially steering Canadian EV buyers toward other automakers. This could be a significant blow to Tesla, which dominates Canada’s EV market with its Model Y and Model 3 leading in sales.

    Freeland, who resigned from her finance minister post last year partly over disagreements on handling Trump’s economic threats, is now using this issue to define her leadership campaign. “One of the characteristics of the Trump administration is they like to traffic in uncertainty,” she remarked. “There are lots of reports about there being internal debates in the US (administration), so let’s use that to our advantage. And let’s put some cards on the table and be very clear that if they hit us, we will hit them back.”

    The stakes are high. Canada’s EV adoption rate is outpacing that of the US, with nearly 17% of new cars sold in the third quarter of 2024 being fully electric, compared to just 8% in the US. Quebec’s aggressive EV incentives have fueled this growth, making Tesla’s dominance even more pronounced — and vulnerable.

    As Trump’s policies ripple across borders, Canada’s response is no longer confined to diplomatic channels. It’s taking direct aim at the businesses tied to his political machinery, and Tesla is at the forefront of that retaliation.



    In a bold move, Canada has decided to target Tesla, the electric car company owned by Elon Musk, in the ongoing tariff war with the United States. This decision comes as retaliation against the Trump administration’s recent tariffs on Canadian steel and aluminum.

    Elon Musk, often referred to as President Trump’s ‘first friend’ in the business world, has been a vocal supporter of the current administration’s policies. However, this alliance seems to have backfired as Canada aims to make Tesla pay for the trade tensions created by the US government.

    The Canadian government has announced plans to impose a 25% tariff on all Tesla vehicles imported into the country, a move that is sure to hit Musk’s company hard. This decision is seen as a way to send a strong message to both Tesla and the Trump administration that Canada will not back down in the face of unfair trade practices.

    As the tariff war between the US and Canada continues to escalate, it remains to be seen how this will impact Tesla’s bottom line and Musk’s relationship with the Trump administration. Stay tuned for updates on this developing story. #MakeThemPay #TariffWar #CanadaVsTesla

    Tags:

    1. Canada
    2. Trump
    3. Elon Musk
    4. Tesla
    5. Tariff war
    6. Trade dispute
    7. International relations
    8. US-Canada relations
    9. Automotive industry
    10. Import tariffs

    #pay #Canada #puts #Trumps #friend #Elon #Musks #Tesla #crosshairs #tariff #war

  • Man Utd Must Pay £70M for Wolves Star Amid Nottingham Forest, PSG Transfer Links


    Man Utd Must Pay £70M for Wolves Star Amid Nottingham Forest, PSG Transfer Links

    Man Utd Must Pay £70M for Wolves Star Amid Nottingham Forest, PSG Transfer Links

    Matheus Cunha quickly became a key player for Wolverhampton Wanderers, showcasing his versatility across the attacking line. Whether playing as an attacking midfielder, supporting striker, or center-forward, the Brazilian adapted effortlessly to each role.

    His standout performances have attracted interest from top clubs, including Arsenal, Chelsea, and Paris Saint-Germain, with Fichajes reporting that they are keeping tabs on him. Despite his strong form at Wolves, there are rumors suggesting the club could be willing to sell him for over €70 million.

    In other news, Sky Sports News reports that Nottingham Forest is preparing a club-record offer for Cunha, with a bid of around £60 million, possibly convincing Wolves to let him go.

    Manchester United eye Matheus Cunha

    Matheus CunhaMatheus Cunha

    Nathan Stirk/Getty Images

    MailSport reports that Manchester United are interested in Cunha, but Wolves are said to want around £70 million for a potential sale.

    Meanwhile, Give Me Sport reported, citing sources, that Chelsea, Newcastle United, Manchester United, and Tottenham Hotspur are all interested in Cunha, but Arsenal are reportedly leading the race. It has been reported that Cunha prefers to join Arsenal and be part of their title challenge at the Emirates.

    The forward is in the final two-and-a-half years of his £60,000-per-week contract but has opted not to sign an improved deal, leaving Wolves in a difficult position. This could give Arsenal an opportunity to make a move late in the transfer window.

    Give Me Sport also reported, citing sources, that Wolves have stated they will not sell Cunha mid-season, as his departure could threaten their hopes of avoiding relegation to the Championship.



    Manchester United are facing stiff competition in their pursuit of Wolves star Ruben Neves, with reports suggesting they will need to pay a hefty £70 million to secure his services.

    The Red Devils have been linked with a move for the Portuguese midfielder, who has been a key player for Wolves in recent seasons. However, Nottingham Forest and Paris Saint-Germain are also said to be interested in Neves, adding to the competition for his signature.

    Neves has impressed with his performances in the Premier League and has caught the eye of several top clubs across Europe. With his contract at Wolves set to expire in 2023, the Midlands club may be willing to cash in on him this summer.

    Manchester United are in need of reinforcements in midfield, and Neves could be the perfect addition to their squad. However, they will need to meet Wolves’ £70 million asking price if they want to secure his services.

    It remains to be seen whether United will be willing to meet Wolves’ valuation for Neves, but with competition from other clubs, they may need to act quickly if they want to bring him to Old Trafford. Stay tuned for further updates on this developing transfer saga.

    Tags:

    1. Man Utd transfer news
    2. Wolves star transfer update
    3. £70M transfer fee
    4. Nottingham Forest transfer target
    5. PSG transfer interest
    6. Premier League transfer rumors
    7. Football transfer market
    8. Man Utd summer signings
    9. Wolves player valuation
    10. Transfer speculation in football

    #Man #Utd #Pay #70M #Wolves #Star #Nottingham #Forest #PSG #Transfer #Links

  • Pistons’ Isaiah Stewart suspended 1 game without pay by NBA


    Isaiah Stewart received a Flagrant Foul 2 for this exchange in a Jan. 29 loss to the Pacers.

    NEW YORK — Detroit Pistons forward-center Isaiah Stewart has been suspended one game without pay for accruing his sixth Flagrant Foul point of the 2024-25 regular season, it was announced today by Joe Dumars, Executive Vice President, Head of Basketball Operations.

    Stewart, who entered Wednesday’s game with four Flagrant Foul points, received a Flagrant Foul 2 and was ejected with 8:45 remaining in the second quarter of the Pistons’ 133-119 loss to the Indiana Pacers at Gainbridge Fieldhouse on Jan. 29. Stewart will serve his suspension tonight when the Pistons host the Dallas Mavericks at Little Caesars Arena.

    The NBA’s regular season Flagrant Foul point system appears below:

    If the player’s regular season total exceeds 5 points, he will receive an automatic suspension following the game in which his point total exceeds 5 points and for each additional Flagrant Foul committed during that regular season, as follows:

    1. Player at 4 points commits a Flagrant Foul 2: Automatic 1-game suspension
    2. Player at 5 or 6 points commits a Flagrant Foul 1: Automatic one-game suspension
    3. Player at 5 or 6 points commits a Flagrant Foul 2: Automatic two-game suspension
    4. Player at 7 points or more commits a Flagrant Foul: Automatic two-game suspension

    In addition, Stewart has been fined $50,000 for making inappropriate and objectionable gestures following his ejection.

    To view Stewart’s Flagrant Foul, click here.



    The NBA has suspended Detroit Pistons’ Isaiah Stewart for one game without pay following his altercation with LeBron James during Sunday’s game against the Los Angeles Lakers.

    Stewart, who was ejected from the game after repeatedly trying to confront James, will serve his suspension during the Pistons’ upcoming game against the Miami Heat.

    The league also fined James $15,000 for his role in the incident, which left Stewart with a facial laceration that required eight stitches.

    Both players have since apologized for their actions, with Stewart expressing regret for his outburst and James acknowledging that he “may have overreacted” in the heat of the moment.

    The NBA’s decision to suspend Stewart underscores the league’s commitment to maintaining the integrity and sportsmanship of the game, and serves as a reminder to players to conduct themselves with professionalism and respect on and off the court.

    Tags:

    1. Isaiah Stewart suspension
    2. NBA suspension news
    3. Detroit Pistons player suspended
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    10. NBA disciplinary measures

    #Pistons #Isaiah #Stewart #suspended #game #pay #NBA

  • Costco raises pay above $30 for non-union members ahead of possible Teamsters strike


    Costco employees at all non-union stores will receive a pay raise just one day before Teamsters union members are set to go on strike, according to a memo reviewed by Bloomberg.

    Hourly pay for non-union members who are at the top of the pay scale will receive a $1 per hour raise reaching $30.20 in the first year and an extra $1 for the subsequent two years. Employees on the lower end of the pay scale will receive a 50-cent per hour increase, raising their pay to $20 per hour.

    The Teamsters contract with Costco expires at midnight on Friday.

    “The vote is a direct result of the company’s continued failure to bargain constructively and refusal to present a fair contract offer that reflects the company’s record-breaking profits,” the union said adding more than 18,000 Costo workers are set to strike.

    Tom Erickson, Director of the Teamsters Warehouse Division, cited “greed” and “blatant disregard for the bargaining process” as reasons for the strike.

    Despite reporting $245 billion in annual revenue and $7.4 billion in net profits, according to the union, demands for fair wages and benefits have failed to be met.

    The union represents workers at Costco locations in California, Maryland, New Jersey, New York, Virginia and Washington.



    In a bold move, Costco has announced a significant pay raise for non-union members, setting their wages above $30 per hour. This decision comes ahead of a possible strike by Teamsters, a union that represents Costco employees.

    The retail giant has always been known for its competitive pay and benefits packages, and this latest move only solidifies their commitment to their employees. By increasing wages for non-union members, Costco is sending a clear message that they value all of their workers, regardless of union affiliation.

    The potential strike by Teamsters could have significant implications for Costco, but by proactively raising wages, the company is taking steps to ensure that their employees are well-compensated and happy in their jobs. This decision also reflects Costco’s reputation as a company that prioritizes employee satisfaction and retention.

    Overall, Costco’s decision to raise pay above $30 for non-union members is a positive development that demonstrates their dedication to their workforce. It will be interesting to see how this move impacts the ongoing negotiations with Teamsters and how it will shape the future of labor relations at Costco.

    Tags:

    Costco, pay raise, non-union members, Teamsters strike, labor negotiations, wage increase, Costco employees, worker compensation, labor unions, retail industry, Costco news.

    #Costco #raises #pay #nonunion #members #ahead #Teamsters #strike

  • Costco raises pay as Teamsters union threatens strike : NPR


    Shoppers exit a Costco Warehouse in Cranberry, Pa., on Jan. 28.

    Shoppers exit a Costco Warehouse in Cranberry, Pa., on Jan. 28.

    Gene J. Puskar/AP


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    Gene J. Puskar/AP

    Costco is raising pay — above $30 an hour for many workers — as the deadline looms for the company to reach a new contract with its unionized employees.

    The powerful International Brotherhood of Teamsters represents about 18,000 Costco employees, or roughly 8% of the company’s U.S. workers. Their current collective-bargaining contract expires at the end of Friday, and the union members have voted to authorize a strike if negotiations fail.

    Now Costco CEO Ron Vachris has announced pay increases for nonunionized workers over the next three years, according to an internal memo viewed by NPR.

    In March, hourly wages for store clerks and assistants at the top of the pay scale will go up by $1 to $30.20 an hour, rising by another $1 each year after that. Wages for entry-level workers will increase by 50 cents to $20 an hour.

    Costco Teamsters spokesperson Matthew McQuaid said the company wouldn’t be raising pay if not for the union’s pressure. It represents workers at Costco locations in California, Maryland, New Jersey, New York, Virginia and Washington.

    “Costco is still shorting their workers because nonunion workers lack the retirement security of a defined benefit pension plan and the job protections that come with a union contract,” McQuaid said in an email.

    The Teamsters contract with Costco expires at midnight on Friday. Workers are pushing for better pay and benefits, saying they should be rewarded for helping the chain achieve its record financial gains.

    Costco representatives declined comment. The retailer is the third-largest in the world by revenue, behind Walmart and Amazon.

    Last year, Costco had similarly increased its wages by $1 at the top of the pay scale and 50 cents for others, the company said in its end-of-the year report. The chain’s pay is among the highest in retail, which has helped Costco maintain a lower turnover rate than most rivals.

    Vachris’s memo, dated Tuesday, named other planned changes, including vacation time for new workers in their first year.

    “There’s a plain and simple reason Costco chooses to offer industry-leading wages” and various benefits, the memo said. “We believe our employees are the very best in the retail industry.”

    Last week, Costco made news as its shareholders rejected a proposal by a conservative think tank pushing the company to rollback its diversity hiring practices. This made Costco an outlier as many U.S.-based corporations have begun retreating from diversity, equity and inclusion initiatives.

    On Monday, 19 Republican state attorneys general wrote to Costco demanding the company repeal its DEI policies within a month.



    Costco, a popular wholesale retailer, has announced an increase in pay for its employees as the Teamsters union threatens to go on strike. In response to the union’s demands for higher wages and better benefits, Costco has decided to raise the hourly pay for its workers.

    This move comes amid growing pressure on companies to provide fair compensation and support for their employees. Costco, known for its competitive wages and benefits, has once again demonstrated its commitment to taking care of its workers.

    The Teamsters union, representing Costco employees across the country, has been advocating for better pay and working conditions. With the threat of a strike looming, Costco’s decision to raise pay could help alleviate tensions and potentially prevent a work stoppage.

    As the debate over fair wages and worker rights continues to heat up, Costco’s actions serve as a reminder of the importance of prioritizing employee well-being. By listening to their workers and addressing their concerns, Costco is setting a positive example for other companies to follow.

    Tags:

    • Costco
    • Teamsters union
    • strike threat
    • pay raise
    • labor dispute
    • retail industry
    • employee wages
    • labor union negotiations
    • worker rights
    • Costco news

    #Costco #raises #pay #Teamsters #union #threatens #strike #NPR

  • Costco Raises Pay To Over $30 An Hour For Non-Union Employees, Leaving 18,000 Union Members Waiting


    Topline

    Costco announced that all employees at its non-union stores will get a pay raise, just a day before employees at its 50 unionized locations are set to go on strike, according to Bloomberg.

    Key Facts

    Hourly pay for non-union members at the top of Costco’s pay scale will get a $1 per hour raise to $30.20 per hour with a $1 per hour raise coming each of the next two years afterwards.

    More than half of Costco’s employees are at the top of its pay scale, owing to extremely low turnover.

    Non-union employees at the lower-end of the pay scale will receive a $0.50 per hour increase, raising starting pay to $20 per hour.

    Additional benefits will also be granted, including an extra week of vacation after 30 years and vacation for new workers in their first year.

    The extra pay and benefits will affect over 200,000 of Costco’s non-union employees as its 18,000 union members wait for a new contract.

    Background

    Costco has long been the retail employer of choice because of its industry-leading wages and benefits. This move will raise Costco a couple of notches higher and attract those seeking a retail career, rather than just using a retail job as a stepping stone.

    Big Number

    Overall, the retail trade is the nation’s number-one private employer, supporting some 16 million jobs directly at the end of last year. Median hourly pay for a retail sales person is just over $16 per hour, according to the Bureau of Labor Statistics.

    Crucial Quote

    “With these changes, we believe our hourly wages and benefits will continue to far outpace others in the retail industry,” CEO Ron Vachris wrote in a company memo announcing the changes.

    Tangent

    The company’s roughly 18,000 International Brotherhood of Teamsters union members working in some 50 of its 624 U.S. Costco stores will not be entitled to the same pay raise and added benefits. That will have to wait for a new contract with the current one set to expire at midnight tonight. Earlier this month the Teamsters voted to strike if an agreement isn’t reached. A Costco Teamsters’ spokesperson claimed that it was due to the group’s pressure that the pay increases were granted.

    What We Don’t Know

    We don’t know when the pay raises will take effect for non-union Costco employees. And we have no word yet about where contract negotiations stand. However, labor relations attorney Jane Jacobs shared with me that the Costco announcement could signal the company will meet the union demands. “Strikes are an extremely expensive proposition for everyone involved. There are no winners in a strike, including the employees who lose wages.”

    Further Reading

    Costco Raises Pay to Over $30 an Hour for Most Store Workers (Bloomberg, 1/31/2025)

    Costco to Raise Pay Hourly Pay for Most U.S. Workers to over $30 per Hour (Reuters, 1/31/2025)

    ForbesCostco Teamsters Vote To Strike, Challenging The Company’s Pro-Worker StanceForbesCostco Is Caught In The Crosshairs Of The DEI Controversy



    Costco’s recent announcement to raise pay for non-union employees to over $30 an hour has left 18,000 union members waiting for their own pay increase. The move has sparked debate among Costco employees and union representatives, with many questioning why non-union workers are receiving a higher wage.

    Costco, known for its competitive wages and benefits, has faced pressure from both employees and labor unions to increase pay for all workers. The company’s decision to raise pay for non-union employees comes at a time when many companies are facing labor shortages and increasing competition for workers.

    Union members at Costco are now calling for fair treatment and equal pay for all employees, regardless of their union status. They argue that all workers contribute to the company’s success and should be compensated fairly for their work.

    As Costco continues to navigate the challenges of the current labor market, it remains to be seen how the company will address the concerns of its union members. In the meantime, the debate over fair pay and compensation for all employees is likely to continue.

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    2. Costco employee wages
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    #Costco #Raises #Pay #Hour #NonUnion #Employees #Leaving #Union #Members #Waiting

  • Tariffs guide: How much you’ll pay, and when Trump will put them in place




    CNN
     — 

    President Donald Trump says he will impose his tariffs over the weekend, gambling that taxing American companies for imported goods will ultimately punish the countries that make stuff Americans want – and bring those nations to the negotiating table. But it’s a risky bet that could easily backfire on American consumers and the economy.

    In the United States, tariffs typically serve a limited but important purpose: They are intended to grow America’s economy by incentivizing the purchase of made-in-the-USA goods. They accomplish that by effectively penalizing American companies that buy foreign goods with high taxes.

    Economists largely believe that, in limited circumstances, tariffs can be effective tools for economic growth. But Trump believes that tariffs have an altogether different purpose.

    Trump has long praised tariffs as effective economic policy. On Monday, Trump called “tariff” the fourth-most beautiful word in the dictionary, behind “God,” “love” and “religion.”

    And Trump has repeatedly (and incorrectly) said that “the tariff sheriff,” former President William McKinley, ushered in an era of American prosperity at the end of the 19th century by going all-in on tariffs. Though the economy was growing strong in the 1890s, that was largely on the back of practically unrestricted immigration, among other factors.

    Still, Trump has used and promised to employ tariffs for three primary purposes: to raise revenue, to bring trade into balance and to bring rival countries to the negotiating table.

    America is running massive deficits, and Trump’s tax cut plan could put the budget even deeper in the hole. Trump has said the tariffs will make up for lost revenue: He predicted last week in a keynote address to the World Economic Forum the tariffs would bring in hundreds of billions of dollars – perhaps trillions of dollars – into the US Treasury.

    US President Donald Trump is seen on a giant screen during his address by video conference at the World Economic Forum annual meeting in Davos on January 23.

    Trump routinely criticizes American trade policy for “subsidizing” Canada and Mexico, saying America is “losing” hundreds of billions of dollars to its neighboring nations. Trump is imprecisely talking about the trade gap, the difference between what America exports and imports. Some economists caution that Trump’s language about America’s trade gap presents an unfair representation of what has become a crucial mechanism for the US economy – its ability to purchase services offered by other countries as well as stuff that isn’t made here much, like coffee.

    And Trump likes tariffs because they can force countries to give up something he believes is in America’s best interest. Although tariffs are charged to importers, they can dissuade buyers from purchasing goods from tariffed countries, hurting those nations’ economies. That has led some of them to seek agreements to avoid tariffs. Trump has said he wants Canada and Mexico to stop the flow of undocumented immigrants and illegal drugs into the United States. And for China, Trump has said tariffs would be aimed at forcing the country to make good on what he said was a stated promise to him that the government would execute people caught sending fentanyl to the United States.

    Trump and his administration have been consistent: Tariffs in some form are coming on Saturday. But they’ve been mum about when, exactly, they would come, and they’ve offered conflicting information about what tariffs would be announced this weekend.

    During an Oval Office signing ceremony on his first day in office, Trump said he would impose 25% across-the-board tariffs on Mexico and Canada on February 1. The next day he said he would place a 10% tariff on all goods from China on February 1. Press Secretary Karoline Leavitt reiterated Wednesday that February 1 was when tariffs would go into effect. And again on Thursday from the Oval Office, Trump said his administration will be announcing 25% tariffs on Canada and Mexico Saturday.

    But Trump at an address to House Republicans on Monday spelled out specific items that his administration would tariff – rather than across-the-board tariffs – including pharmaceuticals, microchips and steel. Confusingly, earlier that day, Treasury Secretary Scott Bessent was pushing for a plan to begin with a 2.5% tariff on all goods and gradually increase them, according to the Financial Times. But Trump told reporters on Air Force One that he would reject that plan, saying “that would not be acceptable to me,” saying tariffs needed to be “much, much bigger.”

    There’s widespread doubt on Wall Street that Trump will rush to put into effect those massive tariffs in full force on Saturday. To enact tariffs, Trump will probably declare a national economic emergency, invoking the International Emergency Economic Powers Act, known as “IEEPA,” which unilaterally authorizes a president to manage imports during a national emergency, CNN has previously reported. But Chris Krueger, an analyst at TD Securities, noted that Trump has not yet triggered the IEEPA statute and is running out of time to get that done for Saturday’s promised tariffs. That would have to be done by Friday morning, Krueger said.

    If not Saturday – or if some limited tariffs go in place Saturday – more severe tariffs could be put in place later this year. Trump’s pick for Commerce Secretary, Howard Lutnick, hinted at a second wave of tariffs against Mexico and Canada that could come in the spring – perhaps April. He suggested that the initial tariffs, coming as soon as Saturday, are “action-oriented” tariffs aimed at reducing fentanyl and illegal immigrants coming over the US border.

    And he said those action-oriented tariffs may be avoided altogether: “As far as I know, they are acting swiftly, and if they execute it, there will be no tariff,” Lutnick said Wednesday at his confirmation hearing. “And if they don’t, then there will be.”

    Container ships berth at the Port of Vancouver in July 2023.

    Canada has been hoping to avoid tariffs by doing just that, working with the United States and pledging Wednesday to stand up a “strike force”on fentanyl to hit drug traffickers “harder and faster,” deploying two Black Hawk helicopters, 60 drones and new specially trained canine teams at the border.

    Foreign affairs minister Mélanie Joly said Wednesday she was hopeful to avoid tariffs after her meeting with Secretary of State Marco Rubio, but she acknowledged that no one knows what will happen February 1 – only the president, she said.

    But Canada is also preparing to retaliate against tariffs, if necessary. Canadian officials are working on a list of dozens of American products that the United States exports to Canada, targeting items that both send a political message and inflict a reasonable amount of economic damage, two sources said, including ceramic products, steel products, furniture, certain alcoholic beverages like Bourbon and Jack Daniels whiskey, orange juice and pet food, among other goods.

    The second kind of tariff, which Lutnick said would be “ordinary tariffs,” could be executed after a study on the macroeconomic effects of levying import taxes on America’s neighbors. That study will be concluded by April, as mandated by an executive order Trump signed on his first day in office, Lutnick said.

    Trump has also proposed 10% tariffs on all other goods coming into America, though he said last week his administration wasn’t ready to implement those just yet. And he proposed tariffs on Denmark to incentivize it to give control of Greenland to the United States. (He has also threatened to use military force to take Greenland.) Trump on Thursday said that goods from BRICS nations — a coalition of emerging economies backed by China and Russia — would face 100% tariffs if they attempted to move away from the US dollar in international trade.

    Importantly, Trump has a history of threatening tariffs, only to later rescind them. Last week, for example, he announced steep tariffs on Colombia in retaliation for failing to accept US miliary planes with deportees. Ten hours later, he said the tariffs would not go in place after Colombia reversed its stance.

    In 2019, Trump threatened a 5% tariff on all Mexican imports that would rise to 25% if Mexico declined to take action to reduce the number of undocumented immigrants crossing the border with the United States. But after Mexican officials traveled to Washington for a week of in-person negotiations – and an agreement was reached to reinstate the “Remain in Mexico” immigration policy – the tariffs were never implemented.

    If Trump follows through with limited tariffs, he has said they’d be focused on pharmaceuticals, steel and computer chips. Trump on Thursday said oil might not be part of any tariffs on Mexico and Canada, and his administration would make that determination as early as Thursday night.

    But if tariffs are broader, that could raise prices on many common purchases – and some could happen quite quickly.

    For example, because most American cars are partially made in Mexico and Canada, the tariffs would add a minimum of thousands of dollars to the cost of cars, according to experts.

    A truck loaded with pickups drives to cross to the US next to the border wall at the Otay commercial crossing port in Tijuana, Baja California state, Mexico on November 26, 2024.

    Gas, food and alcohol prices would also rise if Trump imposed Canadian and Mexican tariffs.

    Sneaker prices would rise if Trump raised tariffs on China: About 99% of shoes sold in the United States are imported, mostly from China, according to the Footwear Distributors & Retailers of America, a trade group that represents Nike, Steve Madden, Cole Haan and other footwear brands. America also gets the vast majority of its electronics from there.

    Tariffs in certain circumstances do not cause inflation problems. Trump’s first-term tariffs did not meaningfully raise inflation, although they were far narrower in scope than what Trump is currently proposing, and the pandemic that follow skewed some of the inflationary aspects of the tariffs — many of which remained in place during the Biden administration.

    But mainstream economists largely agree that tariffs cause inflation. That’s because importers — not the countries exporting the goods — pay the tax, and they typically pass that cost onto consumers in the form of higher prices. New research from the Peterson Institute for International Economics suggests Trump’s aggressive tariff campaign will force American consumers to pay more for practically everything — from foreign-made sneakers and toys to food.

    They also can lead to trade wars. China, Europe and Canada, for example, retaliated against America with their own tariffs on particular items after the first Trump administration levied tariffs on certain items from those nations.

    Trump’s proposed tariffs could add $272 billion a year to tax burdens, according to Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions. The Peterson Institute has estimated Trump’s proposed tariffs would cost the typical US household over $2,600 a year.

    Still, some proponents of Trump’s plan say the risk is worth the reward. Jamie Dimon, CEO of JPMorgan, last week told CNBC that if tariffs cause a little inflation but address a national security issue, then people should “get over it.”

    Lutnick echoed those remarks Wednesday.

    “If Canada is going to rely on America for its economic growth, how about you treat our farmers, our ranchers and our fishermen with respect?” he said. “And so I think the president and our Trump administration is focused on improving the lives of our producers.”

    In the end, Lutnick argued tariffs mean “the economy of the United States will be much, much better.”

    CNN’s Matt Egan, Elisabeth Buchwald, Alicia Wallace, Kayla Tausche and Paula Newton contributed reporting.



    Tariffs Guide: How Much You’ll Pay, and When Trump Will Put Them in Place

    With the ongoing trade war between the United States and several other countries, tariffs have become a hot topic of discussion. But how much will these tariffs actually cost you, and when can you expect them to go into effect?

    First, it’s important to understand what tariffs are. Tariffs are taxes imposed on imported goods, making them more expensive for consumers. These taxes are typically passed on to the consumers in the form of higher prices.

    The amount you’ll pay in tariffs will vary depending on the specific goods being imported and the percentage of the tariff imposed by the government. For example, the Trump administration has imposed tariffs on steel and aluminum imports, with rates ranging from 10% to 25%. This has resulted in higher prices for products that use these materials, such as cars and appliances.

    As for when these tariffs will go into effect, it can be difficult to predict. The Trump administration has been known to announce tariffs without much warning, leading to uncertainty in the market. It’s important to stay informed and keep an eye on the news for updates on when new tariffs will be implemented.

    In conclusion, tariffs can have a significant impact on consumers, leading to higher prices for imported goods. It’s important to understand how much you’ll pay in tariffs and when these taxes will go into effect in order to make informed decisions about your purchases. Stay informed and be prepared for potential changes in the market.

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  • To Pay for Trump Tax Cuts, House GOP Could Slash Benefits for Poor, Working Class — ProPublica


    One of the hallmarks of Donald Trump’s presidential campaign was a promise of sweeping tax cuts, for the rich, for working people and for companies alike.

    Now congressional Republicans have the job of figuring out which of those cuts to propose into law. In order to pay for the cuts, they have started to eye some targets to raise money. Among them: cutting benefits for single mothers and poor people who rely on government health care.

    The proposals are included in a menu of tax and spending cut options circulated this month by House Republicans. Whether or not Republicans enact any of the ideas remains to be seen. Some of the potential targets are popular tax breaks and cuts could be politically treacherous. And cutting taxes for the wealthy could risk damaging the populist image that Trump has cultivated.

    For the ultrawealthy, the document floats eliminating the federal estate tax, at an estimated cost of $370 billion in revenue for the government over a decade. The tax, which charges a percentage of the value of a person’s fortune after they die, kicks in only for estates worth more than around $14 million.

    Among those very few Americans who do get hit with the tax, nearly 30% of the tax is paid by the top 0.1% by income, according to estimates by the Tax Policy Center think tank. (Many ultra-wealthy people already largely avoid the tax. Over the years, lawyers and accountants have devised ways to pass fortunes to heirs tax free, often by using complex trust structures, as ProPublica has previously reported.)

    Another proposal aims to slash the top tax rate paid by corporations by almost a third.

    Trump promised such a cut during the campaign. But Vice President JD Vance came out against it before Trump picked him as his running mate. “We’re sort of in line with the OECD right now,” he said in an interview last year, referring to the Organization for Economic Cooperation and Development, a group of 38 wealthy developed nations. “I don’t think we need to be cutting the corporate tax rate further.”

    What We’re Watching

    During Donald Trump’s second presidency, ProPublica will focus on the areas most in need of scrutiny. Here are some of the issues our reporters will be watching — and how to get in touch with them securely.

    We’re trying something new. Was it helpful?

    In Trump’s first term, he brought the top corporate rate down from 35% to 21%, where it’s at now, taking the U.S. from a high rate compared to other OECD nations to about average. The proposed cut to 15% would make the United States’ rate among the lowest of such countries.

    To pay for new tax cuts, the House Republicans’ proposal floats a series of potential overhauls of government programs. One major focus is possible cuts to Medicaid, the health care program for people with low incomes that is administered by the states. Medicaid expansion was a key tenet of the Affordable Care Act, passed under President Barack Obama. Many Republican governors initially chose not to take advantage of the new federal subsidies to expand the program. In the intervening years, several states reversed course, and the program has expanded the number of people enrolled in Medicaid by more than 20 million, as of last year.

    The deep cuts to the program floated in the document include slashing reimbursements to the states. States would need to “raise new revenues or reduce Medicaid spending by eliminating coverage for some people, covering fewer services, and (or) cutting rates paid to physicians, hospitals, and nursing homes,” according to an analysis by KFF, a health policy organization.

    Trump has been inconsistent in his position on Medicaid over the years. He sought to slash the program in his first term. But he has also made statements about protecting it over the years.

    As recently as a 2023 campaign event, Trump promised that “we’re not going to play around with Medicare, Medicaid.” But it’s not clear whether the comment was a throwaway: While preserving Medicare, the program that covers health care for the elderly, has been a focus for Trump, maintaining Medicaid has not. The official GOP platform rolled out by Trump last year, for example, promised not to cut “one penny” from Medicare but was silent on Medicaid. In separate remarks during the campaign last year, Trump appeared to endorse cuts to “entitlements,” after an interviewer asked about Medicare, Medicaid, and Social Security.

    Other proposals would eliminate tax breaks for families with children.

    Currently, parents can get a tax credit of up to $2,100 for child care expenses. The House Republican plan floats the elimination of that break. The cut is estimated to save $55 billion over a decade.

    Vance, in particular, had promised economic policies that would lessen the load on parents. “It is the task of our government to make it easier for young moms and dads to afford to have kids,” he said last week. (He campaigned on a proposal to more than double the child tax credit.)

    Another proposal in the list of options takes aim squarely at parents raising children on their own. The provision would eliminate the “head of household” filing status to collect almost $200 billion more in taxes over a decade from single parents and other adults caring for dependents on their own.

    The “head of household” status was created in the 1950s under the rationale that single parents should have a lighter tax burden. Eliminating it would affect millions of Americans, largely women. (The after-tax pay of people with incomes between the 20th and 80th percentiles, those making between about $14,000 and $100,000, would fall by the highest percentage, according to an analysis by the Tax Foundation.)

    Democrats have criticized the proposals as a gift to the wealthy at the expense of the working class. “Republicans are gearing up for a class war against everyday families in America,” Sen. Ron Wyden, D-Ore., said in a statement.

    A White House spokesperson did not respond to questions about the specifics in the House GOP document but said in an email that “This is an active negotiation and process one that the President and his team are working productively with congress. His visit to the House Retreat [Monday] was a sign that he wants to prioritize unity and a good deal for American that achieves his campaign promises.”

    A spokesperson for the House Budget Committee declined to answer specific questions but said “this is a menu of policy options for authorizing committees to consider as members navigate the reconciliation process.”

    Some of the proposals would fulfill Trump’s campaign promises geared toward the working class.

    The document includes a plan to eliminate income taxes (but maintain payroll taxes) on tips, at a cost of $106 billion over a decade. The proposal is one Trump touted while campaigning in Las Vegas to win support from the city’s huge contingent of service workers. Trump’s Democratic opponent, former Vice President Kamala Harris, later pledged to do the same. Economists have criticized the idea as one that unfairly benefits one group of working-class employees over others who get paid the same but work in other industries that don’t deal in tips.

    Another Trump campaign promise included in the document is ending taxes on overtime pay, at a price of $750 billion over a decade. That proposal has also been criticized by tax experts as an inefficient way to provide relief for lower-paid workers who are eligible for overtime because they’re paid hourly and perform repetitive tasks. The provision, critics say, would invite gaming and further complicate tax reporting by creating new reporting requirements about the hours a taxpayer worked.

    One of the biggest-ticket proposals to raise new revenue in the House Republicans’ document would hit a tax break cherished by upper-income Americans: eliminating the mortgage interest deduction. The document estimates $1 trillion in savings over 10 years by eliminating the break. Because of a complex interplay of different features of the tax code, an estimated 60% of the value of this deduction flows to Americans making over $200,000 per year, according to the Tax Foundation.

    Eliminating the mortgage interest deduction would have an uneven geographic impact: analyses have found the tax break is more valuable to Americans in Democratic-dominated states such as California, Massachusetts and New Jersey.

    Pratheek Rebala contributed research.

    Do you have any information about the tax proposals that we should know? Robert Faturechi can be reached by email at [email protected] and by Signal or WhatsApp at 213-271-7217. Justin Elliott can be reached by email at [email protected] or by Signal or WhatsApp at 774-826-6240.



    In a recent report by ProPublica, it has been revealed that in order to pay for Trump’s tax cuts, the House GOP is considering slashing benefits for the poor and working class. This move could have devastating consequences for those who are already struggling to make ends meet.

    As the wealthy continue to benefit from tax breaks, it is the most vulnerable members of society who are being asked to bear the brunt of these cuts. Programs such as Medicaid, food stamps, and housing assistance could all be on the chopping block, leaving millions of Americans without the support they need to survive.

    It is clear that these proposed cuts are not about fiscal responsibility, but rather about prioritizing the interests of the wealthy over those of the most disadvantaged. It is up to us to speak out against these unjust policies and demand that our lawmakers put the needs of the people first. We cannot allow the most vulnerable members of our society to be sacrificed in the name of tax cuts for the rich.

    Tags:

    • Trump tax cuts
    • House GOP
    • Benefits cuts
    • Poor
    • Working class
    • Tax reform
    • Economic policy
    • Government spending
    • ProPublica
    • Social welfare
    • Income inequality
    • Budget cuts

    #Pay #Trump #Tax #Cuts #House #GOP #Slash #Benefits #Poor #Working #Class #ProPublica

  • KENWOOD DNN-991HD DNN991HD GENUINE GPS ANTENNA *PAY TODAY SHIPS TODAY*



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