Over the weekend, President Donald Trump suggested via his Truth Social platform that most Americans are to receive dividends of “at least” $2,000 per citizen. According to Trump, the rebate would be funded by the tariff revenue collected in this year. He promises to distribute stimulus checks worth $2,000 to most American citizens, but it is unclear who “most” Americans encompass. The announcement was met with mixed reviews with some experts concerned about the initiative’s feasibility and implementation.
Trump tied this initiative’s possibility directly to tariff revenue generated by his administration’s trade policies. “People that are against Tariffs are FOOLS!,” Trump said in his post on Truth Social. “We are taking in Trillions of Dollars and will soon begin paying down our ENORMOUS DEBT, $37 Trillion. Record Investment in the USA, plants and factories going up all over the place. A dividend of at least $2000 a person (not including high income people!) will be paid to everyone.”
Trump and his administration have not laid out any firm plan on exactly what dividends could look like. Continues…