WaPo calls Trump's $2000 dividend plan a "foolish promise"

[ColonelAngus]

Trumps stimulus checks won’t lead to inflation like Biden’s

I agree.

 

[HikerGuy83]

Good job Donny. Like we give a ****.

Telling that you think a reduction in the deficit isn't worth celebrating.

Not that you are a partisan hack or anything.

 

[Mac-7]

WaPo slams trump's tariffs and his rebate promise, noting that the rebate won't make a dent on the tax Americans are paying (aka tariffs): Link

Opinion
Editorial Board

Trump’s $2K tariff checks are not in the mail​

Tariff “dividends” are a foolish promise.

"
The administration keeps trying to have its tariff cake and eat it, too. At the Supreme Court last Wednesday, Solicitor General D. John Sauer said the tariffs are regulations, not taxes, and that the revenue they raise is only incidental. Days later, Trump was back to emphasizing how much revenue the tariffs are generating.

The president can claim all he wants that tariffs are paid by foreign countries and companies. But the receipts make clear that the bulk are paid by U.S. companies. Americans pay taxes on the goods they import, and the sums are significant. The Tax Policy Center calculates that federal revenue from tariffs will bring in $299 billion next year alone, and $2.5 trillion accumulatively between 2026 and 2035. In other words, even if rebates eventually come, they will do little to offset the biggest tax hike on American businesses in modern history."

You are trolling

There are already threads on this topic

 

[sealybobo]

I agree.

How are his stimulus' different?

It's funny how dumb Trump is yet you think he's the smartest guy in the room.

Humans are the only species who allows their oldest and dumbest to lead them

 

[Independent thinker]

WaPo slams trump's tariffs and his rebate promise, noting that the rebate won't make a dent on the tax Americans are paying (aka tariffs): Link

Opinion
Editorial Board

Trump’s $2K tariff checks are not in the mail​

Tariff “dividends” are a foolish promise.

"
The administration keeps trying to have its tariff cake and eat it, too. At the Supreme Court last Wednesday, Solicitor General D. John Sauer said the tariffs are regulations, not taxes, and that the revenue they raise is only incidental. Days later, Trump was back to emphasizing how much revenue the tariffs are generating.

The president can claim all he wants that tariffs are paid by foreign countries and companies. But the receipts make clear that the bulk are paid by U.S. companies. Americans pay taxes on the goods they import, and the sums are significant. The Tax Policy Center calculates that federal revenue from tariffs will bring in $299 billion next year alone, and $2.5 trillion accumulatively between 2026 and 2035. In other words, even if rebates eventually come, they will do little to offset the biggest tax hike on American businesses in modern history."

Golly gee, the NYT, MSNBC and the like will probably now come out and say the same thing.