As the Tax Foundation’s Erica York quickly pointed out, about 150 million people make less than $100,000. She noted that sending each of them a $2,000 check would cost $300 billion, and Trump’s tariffs are only projected to raise $217 billion annually.
Archive article: https://archive.is/Ih7jO
And tariffs are what the consumer pays, so we’d only be getting back what we already paid in.
Plot twist: the dumbest wealth-redistribution plan in history.
And dummies will eat it up, thinking he’s paying them with money gained from “other” sources.
Surely less.
Absolutely less.
If that. I’d say my expenses this year have for sure gone up by a total of more than 2k, although I respect that much of that ended up in the pockets of our sacred shareholders and CEOs and their holy quest for quarterly growth, not directly tariffs.