AI industry says Trump plans to tax chips in the “single dumbest way imaginable”

I mean, in what other way would he do it, than the single dumbest way imaginable?

arstechnica.com/tech-policy/2026/08/ai-industry-says-trump-plans-to-tax-chips-in-the-single-dumbest-way-imaginable/

Epstein class when they’re raking it in:

“This is amazing”.

Epstein class when you try and take a small portion of their wealth away:

“This is terrible and I hate it.”

(PS. I hate Trump but this is essentially what’s happening here)

I’m not sure how higher tech prices for you and I are a good thing, but sure. Because that’s what is going to happen here, it’s simply expanding tariffs on more items.