Trump Considering $2,000 Tariff ‘Dividend’ for Americans
President Trump said Thursday he’s still weighing the idea of giving Americans up to $2,000 in rebates derived from the revenues his tariff agenda has generated.
Trump’s proposal to share some of the hundreds of billions of dollars the federal government has collected since he slapped foreign nations with steep levies in April comes as the Supreme Court is slated to hear arguments in a case next month that will decide whether the president has the power to impose such sweeping global tariffs.
“They’re just starting to kick in,” Trump said of the tariffs in an interview with One America News Network, “but ultimately, your tariffs are going to be over a trillion dollars a year.” . . .
The president argued that the $37 trillion national debt is actually “very little, relatively speaking” because the government is taking in unprecedented sums of money from tariffs.
“With that being said, we’ll pay back debt, but we also might make a distribution to the people,” Trump continued. (Read more from “Trump Considering $2,000 Tariff ‘Dividend’ for Americans” HERE)
Photo credit: Gage Skidmore via Flickr
