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Doesn't make any sense. Tax us more , then give us a little of it back. If it happens at all.![]()
Trump says a tariff dividend of 'at least' $2,000 will be paid to most Americans
In a post on Truth Social on Sunday, Trump said the payments would be for all but "high income people."www.businessinsider.com
President Donald Trump on Sunday announced that a dividend payment of "at least" $2,000 would be paid to most Americans from US tariff revenues.
- President Donald Trump on Sunday announced that a $2,000 tariff dividend would be paid to Americans.
- In a post on Truth Social, Trump said the payments would be for all but "high income people."
- The president also called critics of tariffs "fools" and said the US was taking in "trillions of dollars."
In a post on Truth Social, he wrote: "We are taking in Trillions of Dollars and will soon begin paying down our ENORMOUS DEBT, $37 Trillion."
"A dividend of at least $2000 a person (not including high income people!) will be paid to everyone."
Gonna have to go with "not sure this is a good idea".....It should only be given out to taxpayers.
If deadbeats are gonna get it then I say use it to help pay down the National Debt.
Your problem is the United States benefits from the tariffs. Maybe we have to pay a little more now but it will help us all in the long run, plus we can get a rebate. You just can't handle it that the United States May improve because of trump. You act like a petulant little child who needs a spanking. Waaaaa!Doesn't make any sense. Tax us more , then give us a little of it back. If it happens at all.
people willing to sell their vote for the lure of Maybe getting a check for there personal self'sBoth are good in theory but wouldn’t you feel better about getting the money yourself instead of trusting it to the government?
It’s not Our money. It’s sourced from imports.people willing to sell their vote for the lure of Maybe getting a check for there personal self's
Over using Our money in a wise manor, and getting the country back on track.
SAYS WHO? And explain how?It’s not Our money. It’s sourced from imports.
The money isn’t coming from us.SAYS WHO? And explain how?
IF we are in enough trouble that we cant afford lunch for little kids.
How will a Short Term fix in our pocket help US get out of debt?
The money isn’t coming from us.
Letting Americans spend it only expands the economy.
But the tariff money isn't tax money. Increased taxes that are paid for by consumers is coming out of consumers’ budgets. Tariff-driven increases are ultimately paid for by tariff money. Especially if the tariff money is being directly transferred to the consumer.The hell it doesn't. Tariffs always end up mostly being paid for by consumers. Every time.
And it also raises inflation. When you pay more for the same thing, that's inflation. Maybe not by much at first, but eventually it will.
But the tariff money isn't tax money. Increased taxes that are paid for by consumers is coming out of consumers’ budgets. Tariff-driven increases are ultimately paid for by tariff money. Especially if the tariff money is being directly transferred to the consumer.
The bigger picture is that domestic production can now compete.
The bigger picture is that domestic production can now compete.
If it’s tax money, the consumer pays both the tax and the increased cost. If it’s tariff money, another country is paying the tax and the consumer only pays the increased cost while using the importer’s money to cover the increase.Tariffs are a tax under a different name. You can spin it any which way you want to, but in effect it is a tax not unlike a sales tax when consumers buy something. The only difference it that it goes through the middle man (importer) who initially pays the tariff and then gets paid back when the consumers buy his stuff. If I gotta pay an extra $5 for something cuz there's a tariff on it, then that money is coming out of my budget. You are assuming that the tariff dividend is a done deal. Not yet it isn't.
We'll see. Last month's manufacturing employment was down slightly. When do we begin to see more manufacturing jobs? I'm guessing, never. Question: Trump raised tariffs on aluminum and steel, right? So, the businesses than need those commodities to produce washing machines and bicycles and such, are going to raise their prices. Are they going to get a dividend too? I suspect not, consumers are going to pay a higher price for anything made from those materials. Same thing, higher prices. Inflation, sooner or later it will go up.
Whaaaaaaaaaaaaaaaaaaaaaaaaat??????
If it’s tax money, the consumer pays both the tax and the increased cost.
He’s paying the extra $5 with the money he got from the seller.The tax money (tariff) IS the increased cost. The importer actually pays the tax (tariff) and passes the higher cost to consumers. Example: a shirt from Indonesia used to cost $10, that is what a US consumer would pay for it in Walmart or someplace. But Trump puts a 50% tariff on the shirt, right? The importing company now pays $10 to the exporter and sends the $5 tariff to Uncle Sam, and then he raises the price of the shirt to $15. The consumer buys the shirt for $15, which means the importer gets his $5 tariff back, but the consumer has now paid $15 for the same shirt that used to be $10. That is inflation.
Now - Trump wants to give out a tariff dividend. Not sure who will get that money, it's not a done deal. Is the guy that paid an extra $5 gonna get it back? Let's say the answer is yes, halleluah! But what just happened? The consumer broke even, right? So did the importer and the exporter, right? No gain or loss for anybody, right? BUT, what about US manufacturing? Are consumers going to buy the domestic stuff, if the gov't is going to reimburse them for the tariff? The lower cost imported stuff is still cheaper, right? So, who won in this deal?
OK, now let's talk about Trump and the gov't. He told us the debt would be seriously reduced from the tariffs, yes? But not if he's gonna send out tariff dividends, you can't have it both ways. It begins to feel like a big flim-flam, he's gonna fight the trade imbalance, but if the dividend goes through, then he didn't do anything. Are we gonna see more manufacturing jobs? Not yet we haven't; the imported stuff costs more to buy it but then consumers got reimbursed so the cost went right back down to what it was.
Tell ya what, Short Bus, you hold yer breath while you wait for that check to arrive, mmkay?Maybe he's talking about next year dumbass. Damn you're stupid
I will spend it in canada fishing.Well if I get to get back some of my money...
It won't go to Democrats buying Illegal Alien votes.
Tell you what crappy boy you can send your check to me you stupid shit head.Tell ya what, Short Bus, you hold yer breath while you wait for that check to arrive, mmkay?
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I hate politicians buying votes. I'll take whatever "free shit" I can get - assuming there are no strings attached. But I won't be thanking the motherfuckers distributing it. It's corrupt bullshit.