Trump’s $2K Tariff Gift: Debt Slashing or Legal Dumpster Fire?
KEY POINTS
- •President Trump proposed a $2,000 dividend for Americans funded by tariff revenues during a recent social media post.
- •This announcement comes as the Supreme Court reviews the legality of his tariffs amid rising public discontent over prices.
- •Treasury Secretary Scott Bessent emphasized that the tariffs aim to rebalance trade rather than generate revenue.
In an audacious rerun worthy of reality TV’s greatest hits, President Trump announced on Sunday that he’s still pitching his $2,000 tariff dividend, proudly promising a check to most Americans from the billions squeezed out of import taxes — a plan that’s been teased all year but never actually delivered. The Supreme Court is currently side-eyeing this tariff bonanza, worried it might be an illegal tax masquerading as trade policy — and possibly forcing the U.S. to refund over $100 billion to importers. Meanwhile, Treasury Secretary Scott Bessent insists this isn’t cash grab revenue, just noble trade rebalancing. Trump also claims trillions in revenue and a $37 trillion national debt paid down, which sounds like the financial equivalent of a unicorn in a Trump Tower bathroom.
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Source: Axios | Published: 11/9/2025 | Author: Ben Berkowitz