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
Wow, someone else maths!
From another thread:
So far, there has been $200B collected in tariffs as of September. Some estimates are saying $300B by end of year.
https://www.crfb.org/blogs/tariff-revenue-soars-fy-2025-amid-legal-uncertainty
The current estimated US population is 340 million.
https://www.census.gov/popclock/
Take off 10% for “the wealthy”, that leaves 306,000,000.
I can’t imagine Trump giving $2,000 to kids, so knock off anyone under 18, that’s another 73 million off the list.
https://datacenter.aecf.org/data/tables/101-child-population-by-age-group#detailed/1/any/false/1096,2545,1095,2048,574,1729,37,871,870,573/62,63,64,6,4693/419,420
So round about 233,000,000 people getting $2,000 checks?
$466 billion. Oops. Hey Donnie, you’re short somewhere between $166 and $266 billion.
So how much COULD people get?
$200B / 233M = $858.37
$300B / 233M = $1,287.55
Not awful, until you realize that’s how much these taxes soaked you for in the first place. 😉