By Jim Strong
Here’s a casual-sounding article based on SG Ammo’s recent statement about tariffs and ammo prices, concluding with their full statement:
Ammo buyers might want to brace themselves. SG Ammo, a popular ammunition retailer, just released a detailed update on the recent U.S. tariffs on imported ammo, and it’s pretty clear that prices are about to climb significantly.
In their statement, SG Ammo points out that new tariffs announced by the U.S. government earlier this week are higher than anticipated and will likely have serious impacts on the ammo market. They’re expecting not only higher prices but also supply issues for certain imported brands. According to SG Ammo, profit margins in ammo sales are already slim, usually hovering around 5 percent per case. That doesn’t leave much room to absorb extra costs without passing them onto consumers.
SG Ammo emphasized that the price changes won’t happen overnight. Adjustments will occur manually, item by item, and could take anywhere from a week to a month to fully roll out. Prices may rise gradually rather than all at once, depending on the ammo type and remaining stock.
Some calibers will be hit harder than others. The biggest jumps are expected in popular FMJ range loads like 7.62×39, 5.56mm, 9mm, .308 Winchester, and others, as well as more niche European and Soviet calibers like 7.62x54R and 9×18 Makarov. Rimfire ammo like .22 LR and typical hunting calibers, which are mostly produced domestically, should be less affected.
SG Ammo highlighted a few specific examples. PMC from South Korea faces a 25 percent tariff, adding about $100 per thousand rounds of 5.56 ammo, likely pricing them out of competition with U.S. manufacturers. Prvi Partizan from Serbia received a hefty 37 percent tariff, which SG Ammo believes might force them entirely out of the U.S. market within six months. Similarly, Igman ammo from Bosnia now has a 36 percent tariff, significantly raising costs for calibers like 7.62×39. Czech manufacturer Sellier & Bellot was hit with a 20 percent tariff, raising prices roughly $40 per thousand rounds of basic 9mm. Even Magtech from Brazil, facing the smallest tariff at 10 percent, will see noticeable price increases.
SG Ammo expects these tariffs will push many imported brands either out of the market or into pricing territory that few consumers will accept. Meanwhile, domestic ammo manufacturers might slowly raise their own prices to match these new market conditions, meaning prices across the board will increase over the coming months and into next year.
Their takeaway? If you plan on buying ammo, doing it sooner rather than later might save you money.
Here’s the full statement from SG Ammo:
First, I want to say everything written here should be considered my opinion, based on what I have seen so far regarding tariffs on imported ammunition, and conditional to the tariffs staying in place.
My opinion is not meant to be politically sided, nor to assign blame or to say what is good, bad, right, wrong, fair, or unfair to anyone, or what is best for our country in the long run. This opinion is simply about the supply chain in the ammunition business and how the tariffs affect your ability to get the ammunition you are used to getting and the way it increases your cost for such goods when you shop for ammunition here at SGAmmo and elsewhere in the firearms industry.
Late Wednesday, the US government’s new wide sweeping tariffs on imports were announced. In my opinion, they were higher than expected and will have a major effect on price and supply for ammo in the USA.
In short, it is going to drive up prices for the consumer in a dramatic way and totally cut off supply in certain brands over time. Starting today, Friday April 4th, I will be forced to begin adjusting my retail prices upwards to offset higher replacement costs on goods likely to be repurchased later to replace what sells now. While every effort that is reasonable will be made to minimize and delay the impact to our customers, ultimately we work in a business where 5% profit margins on cases of ammo are the ‘normal’ margin, meaning if I sell a $200 to $250 case of ammo, after I pay the shipping and other costs associated with the sale, we make $10 to $12 profit in the deal on average, and I cannot sell an item for 5% gain, only to buy it back in 3 weeks for 20% more. SGAmmo’s price increases forced by the tariffs will all be done manually item by item after a review of the options.
There is no magic button here for me to push that just raises all the prices at once, the process will take at least a week up to a month to fully implement, and it will be a slow and spotty process as to what products are increased and when. Increases may be incremental, meaning that with the current inventory we have in stock, we do not adjust all the way up at once. For example, if the tariff is 20% for a $40-ish increased cost on a case of European made 9mm, we may only go up $20, then do the other $20 later. Alternatively, we may make full adjustment at once, or possibly no immediate adjustment. At this time, we have just started, and most products remain at the prices they have been at so far this year.
To give some additional clarification on my opinion of what calibers would be better to buy, the calibers I see most effected by this, in approximate order of impact are your typical FMJ range loads in 7.62×39, 5.56mm / 223 Rem, 9mm Luger, 308 Winchester / 7.62×51, 38 Special, 380 Auto, 44 Mag, 12 Gauge Buck and Slug. Also the lower volume European and Soviet military & Metric calibers like 7.62x54R, 8mm Mauser, 8x56R, 7.65×53, 7.5×55, 6.5×55, 9×18 Makarov, 7.62×25 and 7.62x38R where production is very limited in the USA and almost all supply is made by 2 factories in Europe. As far as calibers I see less effected would be rim-fire calibers like 22LR, 22 Mag, 17HMR, and hunting calibers with expanding point projectiles like your typical 243 Win, 270 Win, 30-06, 300 Win Mag, etc, etc, where almost all production is domestic anyway.
Example 1 – PMC from South Korea was hit with a 25% tariff and is a major supplier of the most popular options for 5.56/223 ammo, as well as 9mm and many other calibers. This tariff increases the cost to 1000 rounds of 5.56 by about $100, and 1000 rounds 9mm about $50. At that point they simply cannot compete in the market against US manufacturing and most likely would slowly exit the market over the next year with the most popular products drying up first. Also, PMC’s mother company, Poongsan Corporation, supplies US ammo manufacturers with a huge portion of copper strip used to make ammunition, which will drive up cost of US manufactures.
Example 2 – Prvi Partizan in Serbia was hit with a 37% tariff, and is a key supplier of metric rifle calibers, economical handgun ammo, and 5.56 FMJ ammo. This 37% tariff, if it holds, will totally force them out of business and you will see this manufacturer totally exit the US market over the next 6 months.
Example 3 – Igman in Bosnia, a key supplier of 7.62×39 and 7.62×51 ammo was hit with a 36% tariff, which increases the cost of 1000 rounds of 7.62×39 by about $180. No one will import it at all if this cost is added.
Example 4 – , Sellier & Bellot in the EU (Czech Republic) was hit with a 20% tariff. This drives the cost of their basic 9mm FMJ ammo up $40 per 1000 and affects other products in a similar way, and at that point they cannot compete in the market on many popular products.
Example 5 – Magtech in Brazil was hit with the smallest tariff at 10%, but still substantial to drive 9mm prices up $20 or so per 1000 rounds.
In my opinion, unless the tariffs are reversed or reduced to much lower levels, the most likely course for where we are at is that many of the import ammo brands are driven out of business in 6 months to a year or are forced to charge unrealistic prices that very few consumers will pay, shrinking their volume to an unsubstantial point.
At the same time, US manufacturing most likely slowly raises prices 3% to 8% once each quarter of remaining 2025 and early 2026, pushing prices up to match import competitors on the most popular calibers like 9mm, 45 auto and 5.56 / 223 and more, where profit margins have been suffering due to price cuts over the past 2 years while also dealing with continuous upward movements in manufacturing costs.
What you do is your business, but this will have an undeniable effect of forced price increases at our store and all other ammunition websites and retailers of all types, and it is my opinion that buying today will save you in the long run.
Thank you, Sam Gabbert, SGAmmo Owner
I’m ok for now ammo wise. Ya know “prepping”. Barring an invasion😀
I stocked up on pre-inflation Walmart ammo years ago within minutes of the TTAG post about them getting out of the scary ammo business. I was the first in a quickly forming line at the Walmart gun counter that day lol. I’ve regularly picked up small quantities since then to keep stocks up.
I won’t participate in panic buying. I didn’t even do it with TP in 2020.
I backed up the trump bigly during the Trump Slump years 2017-2019 when prices were low and supply was high. Of course, here in CA our infamous ammo BGC law went into effect mid-2019, and who in their right mind wants to tell the CADOJ about their personal purchases?
Oh, and TP…when Gov Newsom locked us all down March 20, 2020 and all TP disappeared from all store shelves within literally a week (seriously…there was none to be found anywhere for eight weeks, and the 1 pack per person limit was in effect in all stores for almost a year), I didn’t panic because I already had half a year’s worth stored up. Anyone who has lived through a SoCal major earthquake, week-long power and water outages, and now COVID, should have ample stocks stored away. If you don’t, you will not get any sympathy when you run out and start wiping your tailpipe with your socks.
(hits Send button, waits the usual 12 hours for this comment to post, if the moderation goblins even let it pass the gates)
In Florida, I had 2 years of TP stocks built up as Covid began. But I decided to research bidets anyway; just out of curiosity.
I found one company that makes ’em, and I loved the humor on their website, so I bought one for each toilet.
I just wish I had put bidets on the toilets 20 years ago. Talk about being nice to a part of your body that takes quite some abuse, even if you aren’t kink-minded!
And no more sandpapering after every BM. I asked a friend one time what do people in the middle East do to “clean up”? He said something about taking a bucket of sand with you when it was time to do your business. That’s even worse than toilet paper; no wonder people are mean!
Translation: hurry up and give us your money.
Let’s see if we can get another run on ammo going guys (kidding).
Hmm some primers powder and brass may be a delay in purchase or find a new supplier…..eh could be worse.
I’ll sit back and watch the stampede…if there is a stampede.
It just gets worse. Ammo prices are still high and will be higher now. These price increases are making it difficult to buy ammo. I wonder if reloading will be cheaper with the new tariffs. Could TTAG could do an article on reloading compared to prices under the current tariff situation for common cartridges.
Luckily last year I was stockpiling powder and primers. I have thousands of projectiles from previous years.
Buy buy buy till you make yer momma cry!
IIRC, the tariffs are predicated on reciprocity; if foreign tariffs are lowered/removed, the same happens on the US side.
Not so?
Yep. AND Trump is only setting our rate at HALF of the rate they have been screwing us with.
Fewer Baristas and more productive manufacturing jobs.
Those manufacturing jobs likely will not appear for five, or six, years (building plants takes time, and dims can keep them in court for generations), but can be a real boon for our economy.
However. . . .the US priced itself out of manufacturing, and other lines of industry. How much longer can increasing wages be expected to sustain the wealth of the nation? Seems the last 70yrs are a cycle if raising wages, in order to sustain buying power, meaning we are just going broke at higher levels of income.
How much of being priced out was a result of tarriff imbalances and virtual slave labor on the other side? Won’t matter as our offshored manufacturing was largely 40-60’s era tech and whatever we bring back will be a different animal that will be a part of our largely service economy.
Heavy tariffs on US goods did not lead to offshoring, slave wages do that.
Curious that other nations with protective tariffs do not have crumbling economies, but tariffs implemented by the US is world ending recession in waiting.
The world needs access to the US economy; we are often their largest trading partners. At 1.5 times the combined GDP of Canadia and Mexico, the US will always wage a so-called “trade war”.
People forget that we were in the process of winning a trade war with China when Covid hit. We also had the lowest tariffs/trade barriers of any G20 nation.
The same people that made it possible to export our jobs were also promoting insane levels of regulation at home. Now those same people that have spit on the working class, bankrupted this country, and imposed a 25% inflation tax on us, while they and their cronies got rich off deficit spending, are suddenly worried about the economy? We’re supposed to trust those people??
AbsoXactly.
So an extra $0.10 per round. Putting it on parity with US made ammo.
Consider every dollar spent on US made goods a thumb in the eye of those slave-labor running, environment destroying, actually anti-democratic despot run nations that have been taking our handouts while spitting in our faces for decades.
Just think of all the NPR listening blue haired crones whining about the price of their anglophile cheeses and French wines going up if you feel sad.
The left used to want this. They used to want strong manufacturing, well paid workers and growing unions. Now they all want humanities degrees and a 90% barista workforce.
Apocalypse buying has started. Food and ammo.
Articles like this is why.
I think we can expect the same, in greater or lesser degree, from the entire firearms industry, as well as other industries.
And Hogden imports Australian ADI powder, also subject to 10% tax.
Does “el presidente” know how tariffs work and their effects? Does he have an economist among his advisers?
I get the impression he thinks it is the sending country that pays the tariff. It is the US IMPORTER who pays the tariff and then passes the cost through to the consumers.
Pass the beer and popcorn because this $h!t-show is getting more entertaining.
A note to those foreign ammunition makers. Sell to Australia. We still have 0% tariffs.
If the product is too expensive, then it won’t sell. That doesn’t only hurt the importer. All companies want access to the second largest consumer market in the world. And if they don’t, F ’em. Buy American. I couldn’t care less about cheap Chinese junk.
To quote myself. . . .
“Curious that other nations with protective tariffs do not have crumbling economies, but tariffs implemented by the US is world ending recession in waiting.”
Never forget how Wall Street, and their allies, came to bat for China during Trump’s first term. Remember the screeching? Have you seen the video (in Chinese) where they tell how they do that? The speaker was lamenting tough policies from Trump. Then he said but now Biden was elected, and the audience laughs!
We have 50 years+ of selling out the American workers and communities to pump the stock market. Fuck them and every country that bitches about reciprocity in tariffs. Not just one thing but the amount of noise from anything being done that might benefit Americans longer term is telling. Next need to take a look at doing away income tax.
Never forget that we didn’t hear this level of bitching when the Puppet Admin was blowing trillions with inflation looming on the horizon. They ALL lied about us getting inflation because they wanted to spend (borrow)/receive their trillions. Of course those liars knew! Heck, I knew we would have inflation. And now we have heard that they were originally going to go for TEN trillion in spending! Yes, you heard that right! They still would have spent even more if Joe Manchin would have agreed to it. That inflation imposed a 25% tax on us while the wealthy and well-connected made bank. And what do we have to show for it? Notice how the exact same thing happens every time there is a crisis. Then the lying Democrats pretend like the problem is capitalism as they laugh at their own ignorant constituents.
Trump knows what he’s doing. Our American manufacturing base has been siphoned away over the past half century, and it will take time to turn this big ship back around. In the meantime, there will be some short term pain for Americans, sure. But when I hear Democrats around me griping about it, I remind them that you can party on the credit card only so far until you get into trouble, and getting the budget back into sorts requires the short term “pain” of putting that card away and starting to actually pay it down. But to financially illiterate people, that “pain” is simply the absence of the party pleasure. It isn’t truly pain…they just don’t like it, so they call it that in the hopes of getting Mom and Dad to give the CC back.
(my last attempt at posting a comment earlier today didn’t go, so let’s see if TTAG will allow this one)
The commenting issue… It isn’t just name or email. I think it’s IP address. Sometimes if you don’t have the same IP, you’re shadow banned. You see your comment at first, but others don’t see it until the mysterious TTAG staff occasionally shows up and allows it. I think they set that up due to all of the spam, but it causes problems with the comments. People don’t see it until much later, therefore there’s less engagement which will hurt the site.
There’s nothing I can do that doesn’t result in my comments taking hours to post, almost like they go to manual review.
Makes the site basically not worth visiting. Especially when half the stories are things I don’t GAF about like Falco’s new belt or This One Crazy Tool Bag Trick That Fixes Everything.
At least with the old moderation system I could identity the pattern and work around it. The new setup will destroy this site. It looks like it has already driven people away. There’s Shooting News Weekly, but it still uses some of the old moderation words and phrases. They need more gun reviews to bring new people in.
Yep. I made multiple comments that didn’t go to moderation. I changed my IP address, and now my comments are “gone.” Mystery solved. This is really going to hurt this site.
Pure cope. BLANKET tariffs set well below the cost differential in manufacturing costs , between the US and these other countries will do nothing to “bring back manufacturing.” The way these have been implemented amount to nothing more that a roughly 15% national sales tax that somehow people like you have been duped into cheering for.
Until this comes with a equal income tax reduction you are basically cheering for being stolen from.
The guy who bankrupted 4 casinos is bad with money… fucking shocker.
Honestly, he told you folks he was putting on tariffs for every nation, he said there was a lot he could do with Social Security and Medicare, ‘in terms of cutting’, why are y’all surprised?
Stock market has hit a record low, the lowest it’s been since his first term, prior performance is the best indicator of future behaviors.
“Trump knows what he’s doing“
Nero fiddled. Trump golfs.
About 4 million privately owned firearms in Australia. About 400 million here in the U.S.
Market size matters … a lot!
You need your commie politicians permission to own a gun
“Does “el presidente” know how tariffs work and their effects?”
No.
“Does he have an economist among his advisers?“
No.
“Pass the beer and popcorn because this $h!t-show is getting more entertaining.“
Yes.
Hopefully Australia can, in its arrogance and vax mandates, defend itself with its < 100k personnel.
Or you could realize what stands between you and a new keyboard that types pinyin. Have fun!
Sadly it appears you’re the one that doesn’t understand tariffs. Allowing Canada to maintain a 275% tarrif on our milk has put how many northern farmers out of business?? Yeah our President knows exactly how the tariffs work.
Maybe…maybe not. But there is no need to induce the panic buying with crap like this.
Maybe…maybe not. But there is no need to induce the panic buying with stuff like this.
“Maybe…maybe not. But there is no need to induce the panic buying with stuff like this.”
Extremely unlikely this, or a host of articles are the catalyst for panic buying. Producers logically use any opportunity to increase revenue. They don’t wait for a relatively obscure web forum to give them ideas on how, or when, to take advantage of the fear of shortages.
I’m practicing throwing rocks really hard.
Throw a rock at a cop and it’s a deadly weapon.
Throw a rock at a bad guy just pisses him off.
I gotta learn how to throw rocks really hard to stop the bad guys.
“Throw a rock at a bad guy just pisses him off.”
Connecting with the article on banning lead ammo, anyone know if serious research has been done on using stones as bullets fired from a firearm cartridge?
In addtion to beind an almost inexhaustable supply, converting irregularly shaped rocks into conical shapes might actually end up being a good way to keep sidewalks, parking lots, roadways, and open fields free of stones.
It was done occasionally with BP smooth bores a long time ago.
“It was done occasionally with BP smooth bores a long time ago.”
Not thinking about what is essentially “grapeshot”. Wondering about shaping rocks into appropriate calibre projectiles. Rifling should operate as it does now, for properly sized stone bullets.
Tariffs are a mixed bag. One the one hand, they encourage domestic production which is good. On the other hand, our domestic labor prices mean those domestically produced products will be anywhere from 4 to 10 times higher in price.
Consider a high-end A.M. and F.M. stereo receiver and amplifier. In the middle 1970s that cost around $700, which equates to something like $2800 today accounting for inflation. Last time I checked, an equivalent A.M. and F.M. stereo receiver and amplifier cost under $400.
Having a lot of domestic businesses and manufacturing jobs reaping “high” profits/wages is great. Having almost everything cost 4 to 10 times more than they do now is not so great.
Important note: the overwhelming majority of business operators and employees in the U.S. will not see their profits/wages increase in any significant way. What we will see is a shift of people from “dead-end” jobs (e.g. working the drive-thru window of a fast-food restaurant) making around $15 per hour to manufacturing making around $25 per hour. Everyone else who is already working “real” jobs will not see such an increase in profit/wages.
By the way I do not support tariffs on products that we cannot possibly produce in the United States. Two examples are bananas and coffee. I am sure that there are others as well.
Ultimately those working the dead end jobs have the most to contribute to the economy by getting out of wage slavery and starting to enter the lower middle class and having relevant experience in paying taxes and observing how they are wasted.
Everyone needs at least a small piece of the pie so they will defend it against the new robber barons. Who are the new robber barons? They’re the federal government and their cronies. You have to identify the problem before you can hope to fix it.
“Who are the new robber barons? They’re the federal government and their cronies“
They are the 13 billionaires Donald Trump has installed as the government of the United States of America.
They are intentionally crashing the economy in order to lower stock prices, they will swoop in with their cash reserves and buy all they can at bargain basement prices. Just as they did the last time the Republican billionaires crashed the economy in 2007–2008.
Everyone else who is already working “real” jobs will not see such an increase in profit/wages.
I disagree. Big changes affect everyone because we live in a society. When everyone is making more money, there is a larger tax base which helps the public sector. Everyone has more money to spend on products and services which affects the private sector which also affects the public sector due to even more of a tax base. All of this will cause more investment in business which helps everyone.
Eventually more jobs will be replaced by tech. Don’t let them use that excuse to offshore industry. We still need those industries here. There will still be real estate deals, property management, business management, maintenance, expanded tax base, etc. Their excuses are hollow. We need to be in the best possible position when truck drivers are replaced by automation. That will happen eventually.
Canada already used automation to go after their truckers.
I wonder if the new guy ever stopped persecuting the truckers. They were in fact peaceful. They grilled meats and they cleaned up after themselves. It was less of a protest and more of a neighborhood carnival.
The only thing the truckers did wrong was CALL it a protest while doing it in a country that doesn’t have or value anything called freedom of the press, speech, and the ability to associate with those you want to.
I’m in favor of conquering Canada. They’re right next door, they don’t have a constitution, and they don’t have a right to bear arms. Well, under God they do, but not under their government.
Yeah, we could take ’em!
Part of the above is for fun. If you come here to scold me for saying we should conquer Canada, I just don’t care.
I don’t care. With the shit economy created by Biden I wasn’t buying any ammo anyway. Over 100 years of elitist betrayal of the US and the complete destruction of our manufacturing sector by export is the greatest crime in American history. Trumps Tariffs and DOGE are literally the only way to save America and reverse this abuse.
I am all for all those cheap China made products going out of business. I hope to see some of those optics companies making their cheap scopes in China go out of business. Buy American.
The number one reason that there will be panic buying of ammunition: People love panic buying. The thrill of the chase, the reports on great deals on Albanian 9mm that made it here just under the tariff deadline, the thrill of hunting and gathering. The bad news is that if anyone negotiates with America they will drop their tariffs, and we will drop our tariffs, and ammunition will be cheap again. No challenge at all, barely an inconvenience.
Tax me harder daddy. Glad to see that the boomer reader base is more loyal to one man than they are to the constitution and common sense. I guess free trade is a bad thing, because most of the “reciprocal “ tariffs are made up out of thin air based on trade imbalances. Now how on earth would any rational person not expect trade deficits when that is by design the case when the USD is the world reserve currency? How would we not have a trade deficit with Canada when they are just a fraction of the US in both population and economic output? This is more tax and spend economics that will raise the cost of everything, including ammo and guns. Apparently free trade is now a bad thing (remember, 10% base rate on all nations whether they had them on the US or not) and we instead will inherit a destroyed economy in efforts of bringing back production of cheap plastic trinkets from Asia.
The tariffs are sure going to put the hurt to people with fixed incomes.
No more Salmon patties for grandma.
Back to eating canned dog food.
Ahhh, America, Land of the Free.
I think the USA should send more money and materials for other countries war games.
There are two groups of people here that I give absolutely zero fucks if they get hurt.
1. People with money in the market that didn’t position themselves for this. If you did, (as I did, full disclosure) you’re sitting in the cat bird seat with a shit eating grin on your face. If you didn’t, well you’re a moron and smart money takes dumb money. A major recalibration in the markets early in the Trump term was a given. Should have followed that Nathan Rothschild/Warren Buffet advice.
And it’s not like it was hard, you could just watch Buffet prepare for this. It was not exactly a secret, it was headline news.
2. “Fixed income” folks. Maybe, just maybe, 15+ years of buying into fake Generational Warfare nonsense has consequences and those consequences are coming up for a payment. This is the economic version of “talk shit, spit blood”. Yeah, they were gaslit, sure, but they same people calling it the “idiot box” 40 years ago fell for they story that box was selling… hard to feel sorry for them.
Go back and look at the past 17 years of data with a 1980 calculation method. 20% unemployment has been the baseline, as has 8%+ overall inflation. You want to know why everyone under 40 wants “Boomer” heads on a pike? This is why. Older people didn’t GAF about them for 17 years, now they’re not going to GAF about you.
Much as I hate the terminology here being correct requires it: Post 2008 policy was all about keeping the Boomers afloat at everyone else’s expense, propping up their retirements and their real estate holdings. Sure, that wasn’t something Boomers asked for, but they had no problem taking the windfalls, not that they really should have since there’s nothing wrong with making money. However, the fact that they did that and then spent nearly 20 years running their mouths because of the BS the TV told them… oof.
And then we hit the truth: Shoulda, coulda, woulda managed money better but they didn’t. That’s why 30% of that generation is 100% reliant on Social Security and another 50% are half or more reliant on it. As a generation, they were wholly irresponsible planning their retirement, and that has nasty side effects. Silent generation was 6% wholly reliant, almost exactly the percentage that were disabled. Why the 5x jump in one generation? Because they’re so responsible? LOL!
When you let people play divide and conquer, sometimes you end up getting conquered.
I managed my money. I’m right at the tail-end of the boomer generation.
I was saving money into my 401k for the last 20 years, and in a company and IRAs before that.
The cost for me was that I have only one gun. One car. One house. No planes, trains, or boats. No fancy vacations to Hawaii, and no cottage on a lake.
This year and last year, I will have paid more in taxes than I ever did when I was “working in a job”. It costs money to move funds from a traditional IRA into a Roth IRA, and I probably won’t be done doing that before age 65…or even 67. You’d be surprised how quickly you get to marginal tax rates above 30%.
But it should be worth it. Even though this president seems sincere about cutting the cost of government, I am working my own plan to cut my own cost of government, even if it means paying more now.
I don’t know what you mean when you talk about “propping up” the boomers’ real estate or whatever. Nobody propped me up. I got out of debt and I stayed out of debt. I made my mortgage payments every month until it was paid off, and I have never taken a penny of .gov’s money. Not for .gov cheese, and not for .gov Covid “gimme payments”.
Even when I start taking socsec, it will be my money I’m getting back, and that’s because the .gov did nothing to invest my contributions to “America’s Lockbox”. That’s not my fault. But I did see the incompetence many years ago, so I grew my own money.
But y’know what? If I could get a nomination signed in Shchumer’s, Pelosi’s, Sander’s, Crockett’s, Jeffries’, and AOC’s blood, I’d forego social security payments in return for a place on the Supreme Court. As it turns out, you don’t need a law degree to serve. I’d go back to work for that; sure.
Put me on the court. Amy Coney Barrett has been threatened and is starting to squirm, John “Milquetoast” Roberts doesn’t even LOOK at the law anymore, and neither is fit to serve. Or maybe one of the libs will decide to retire. I hope it’s the one who can’t spell or write.
Put me on the court and let me carry on court grounds and in DC. I don’t need the money, but I’d love the work. Also, I’m always armed. I’m always ready.
Only I can turn a financial discussion into a nomination trial balloon for the SC. Hah!
I’m on a fixed income. Well, I “fixed” it, in more ways than one.
None of your horror show examples are going to happen to me. You can relax. But if you need to know, I think Kroger was having a BOGO on dog food. You should check it out.
I’m thinking of having salmon for dinner. Thanks for the great idea!
Copper dropped drastically on the same news. I haven’t looked at other raw inputs for ammo.
Let’s see an analysis of the commodities market and the effect for US manufacturers.
If their costs go down and their prices go up then you know who not to do business with.
a) This won’t last — as noted in the article this has the potential to cripple foreign firms, who will be in their government’s ear already screaming to cut a deal. They cut tariffs, we cut tariffs.
b) Prices have been almost unnaturally quiet and low since, oh, the 5th of November or so. A bump is not a crisis. Oh, and don’t forget
c) While manufacturing doesn’t move instantly, they could always move production HERE and not pay a tariff. Conversely any US manufacturer who thinks now is a nifty time to rake in profit is going to get burned.
Got plenty of ammo stored away, all different calibers we use for our firearms.
Many years ago my brother and I were able to get on manufacturers/suppliers ‘special preferred buyer’ lists. This let us buy ‘lots’ of ammo in 10,000 round lots for one to five cents per round (depending on caliber/type). We had been buying for years, have millions of rounds stored away.
Every single one of these hair on fire articles over the last 5 years have ended with me picking up ammo at bargain basement prices I haven’t seen in a few years. In 3 months we’ll see $0.19 9mm before we’ll see $0.33.
Useful article on the potential affect of tariffs, plus insightful comment section. Thank you.
These tariffs Are only temporary and are being used as a bargaining chip.
70 countries are already lining up to make trade deals that will equalize tariff rates for both parties at a much lower rate.