What I was describing wasn’t a loophole, it was a poorly defined taxation regimen that was vague to the extreme. Trump exempting auto imports from Mexico and Canada 24 hours after introducing the tariffs is a someone who, IMO, is very sensitive to declines in the stock market and doesn’t have the willingness to cause a significant decline in the S&P 500 by sticking by his policies. Generally I am less worried than most about Trump’s tariffs cause I don’t think this is a one off. He is not going to stick with any policy that causes the market to suffer a big setback.
This has to be the stupidest idea I have ever heard. But if interest on lease payments are included…sign me up!