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Trump Still Weighing $2,000 Rebate As He Calls Debt 'Very Little' Under Tariff Boom

Tall Timbers

Imperfect but forgiven
Staff member
President Trump announced on Thursday that he is still weighing a plan to send every American a $2,000 check, funded by the surge in government revenue from his sweeping “Liberation Day” tariffs.

“They’re just starting to kick in,” Trump said about the tariffs in an interview with One America News Network, “but ultimately, your tariffs are going to be over a trillion dollars a year.”

This year, the federal government has collected around $214.9 billion in tariff revenue, according to data from the Treasury Department. In September alone, the United States took in approximately $31.3 billion, which was about $75 million lower than the revenue from August.


I call stuff like this politics at its worst. The govmints combined take most of your income which happens via a continuous process of taxes and fees on just about everything that just never ends... then on occasion, send everyone a rebate whether they paid income taxes or not. Can you say: redistribution of wealth?

Lower our taxes if you can, and maybe make them actually fair to all taxpayers, but don't write a check to all Americans, giving them back a little of their own money, or giving them money from their neighbor who actually paid taxes, shortly before an election... which is when it would happen. Pay down the debt!
 
President Trump announced on Thursday that he is still weighing a plan to send every American a $2,000 check, funded by the surge in government revenue from his sweeping “Liberation Day” tariffs.

“They’re just starting to kick in,” Trump said about the tariffs in an interview with One America News Network, “but ultimately, your tariffs are going to be over a trillion dollars a year.”

This year, the federal government has collected around $214.9 billion in tariff revenue, according to data from the Treasury Department. In September alone, the United States took in approximately $31.3 billion, which was about $75 million lower than the revenue from August.


I call stuff like this politics at its worst. The govmints combined take most of your income which happens via a continuous process of taxes and fees on just about everything that just never ends... then on occasion, send everyone a rebate whether they paid income taxes or not. Can you say: redistribution of wealth?

Lower our taxes if you can, and maybe make them actually fair to all taxpayers, but don't write a check to all Americans, giving them back a little of their own money, or giving them money from their neighbor who actually paid taxes, shortly before an election... which is when it would happen. Pay down the debt!
IN Australia, our government prior to the 2008 GFC had quite a surplus in our budget.

Our then idiotic prime minister at the time who is now Australia's ambassador in the Us decided to give everyone a cash payout of $900 in the hopes thay people would spend it and stimulate the economy.

So not only by doing this did he send us financially into debt, bit a majority of the people saved the cash handout so it didn't even have the intended effect of people spending money.
 
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