Not surprising in the least. He is the greatest accelerationist of all time with the goal of bringing us down to our knees as a country so that we bow down to the tech overlords.
That’s CAPITALISM not Socialism no matter how hard you try to spin it. Payback for decades of Americans getting screwed out of their hard earned money by other countries. We subsidized other countries with our taxes and purchases. They tariffed American exports and took advantage of our market. A rebate sounds fair as long as it’s really paid for and not just rolled into the national debt.
Wrong. The tariffs have not produced anything near that amount of money. The money would just add to our debt. It’s not capitalism, it’s WEALTH REDISTRIBUTION (or, in other words, robbing from our kids and grandkids to pay ourselves).
-The checks would cost over a trillion (about $1.2 trillion)
-The tariffs originally added $299 billion to the treasury, but the S.C. said they were unconstitutional and therefore $166 billion was refunded to businesses (not to the consumers who paid them, it went to the businesses). That leaves about $133 billion in revenue collected.
-$1.2 trillion minus $133 billion = $1,067,000,000,000 added to the mounting debt.
I don’t consider a $5000 payment socialism if everybody gets it. I call it revenue sharing a la tariff bonus for past inflation from Biden.
Personally, I don’t like the looks of it with timing to the election. It looks like buying votes more than socialism but it is something Trump promised about a year ago or so. (Ie) tariff sharing.
Too bad the Republicans chastised Sen. George McGovern for proposing $1,000 check to Americans in his 1972 Presidential campaign. But that’s so last century for these Republican pretzels. If Trump says it, his minions twist themselves to defend it.
Most Republicans aren’t in favor of any giveaways -period. A tariff rebate for Biden’s excessive inflation -AND billions in giveaways through NGOs makes $5k seem like pocket change so take your McGovern talking points back to your Dem friends after asking how they let their corrupt party steal billions through NGOs.
The Dems are having a very hard time raising money since Trump has exposed and stopped all the money funneled to “charities” of USAID. We now know it was being funneled to Dem candidates and causes.
Somali fraud. medicaid fraud, home health fraud. All stealing tax money and some going to Democrat candidates.
Well, apparently everyone wouldn't get it. Only people who make under X amount. So Same people are not going to get this who didn't get Covid relief either and pay the lion's share of taxes. That sounds like wealth redistribution to me.
That is an absolute total LIE..You don't know what you're talking about, you're talking out the side of your face..Everyone with a Social security number got stimulus.
Second Stimulus Check ($600)Full Payment: Up to $75,000 for single filers; up to $150,000 for married filing jointly; up to $112,500 for heads of household.Phase-out / Upper Limit (no children): Completely phased out at $87,000 for single filers; $174,000 for married couples; $124,500 for heads of household.
Half of my comment was missing? Everyone who was a U.S. citizen or resident alien, having a Social Security number (SSN) valid for employment, not being claimable as a dependent by another taxpayer, and falling under income phase-outs which varied by round and filing status; received stimulus..Higher earners received reduced or zero amounts..My point WAS, the money President Trump is promising isn't coming home TAX MONEY, like China Flu stimulus did..We also DON'T know if it's going to be the same as Biden stimulus, as far as who does or doesn't get the $5,000..You are GUESSING!! He did say "every adult"!!
I am pretty sure the whole point of socialism is that everybody gets it. Also, didn't conservatives blame the stimulus checks for the inflation? As economist say, inflation is too much money chasing too few goods. Why would this round of stimulus spending be any different? In fact, since we already have growing inflation, would this not super-charge it?
Colby’s good, but he’s one of many that hopped on the Meidas bandwagon after seeing the success of the Meiselas brothers in trolling a things Trump. Everyone other than lobotomized MAGA assholes know that Trump is everything America isn’t. Why pay to keep hearing it? Get the unredacted Epstein files and I’ll pay to see them published. Get proof that Trump raped 13 year olds, and I’ll pay to see it published. In other words, get something other than the usual blather from every Substack that Trump doesn’t give a shit about and I’ll become a paid subscriber.
An interesting take. My takeaway is that the same team who derided Dems as tax and spend socialists pumping up the deficit are taxing, spending, and pumping up the deficit even worse. I hate to agree with the fiscal conservatives but the same logic should apply no matter what color your election sign is, without the sleight of hand verbal Olympics.
Mfers are arguing over some shit that’s never going to happen. It’s a fucking mirage being sold by a bunch of people who know better well ok not Trump he believes his own bullshit.
hahaha, Trump knows the 5k give away will never go anywhere but it is a master class in political gamesmanship. 1. Thousands of Americans that don't really pay attention will think, "what the heck, I'm voting for Trumps guy. 2. After and if the GOP wins it all Trump will blame the Dems for blocking the payment. 3. It is part of his pre-election" suck up all the oxygen in the room" strategy. No one does it better. 4. Dems knee jerk reaction gives even more legs to the story. Hate him or love him, he has become a master politician. One of a kind. Great Americans are like that no matter what party affiliation.
Trump is no great American and great Americans bare no resemblance to Trump. He is a master of manipulation of morons. What scares me most is how many of us think he is good for anything, let alone good governance.
You better HOPE so, right you degenerate Socialist..Trump didn't give us any of the Tariff money yet cuz he KNEW it would be his TRUMP CARD!! Thats how IGNORANT you lazy Commie Socialists are..Now im going to BLOW UP your ENTIRE ridiculous theory that the "Dems will block it"..How can the Democrat Socialists block it when REPUBLICANS KEEP THE SENATE & HOUSE? Tell me Genius? What will they "BLOCK" it with? What GOOD has Democrats done? They had total control from 2021 to 2025..The first thing they did was destroy everything Trump did to make this Country PROSPEROUS ..He lowered prices on gas & food,#1 Economy & Energy Independent..As soon as Democrats took over prices for EVERYTHING doubled & tripled..They left our borders open for 4 straight years allowing millions of criminals, terrorists, murderers, pedophiles, drugs, disease and deadbeats to INVADE our Homeland, then gave our Tax money to them & STOLD the rest..In the end, we were left with RECESSION AND INFLATION..Get outta here with your LIES..
Why shouldn't we get a piece of the profit from our collective labor? Socialism is an institutional change, centralizing ownership. A one off limited tariff rebate type payment leaves private ownership untouched. To say that it's the same thing or even a slippery slope completely ignores what real socialism implemented actually does. It's not just checks cut to the citizens.
-The checks would cost over a trillion (about $1.2 trillion)
-The tariffs originally added $299 billion to the treasury, but the S.C. said they were unconstitutional and therefore $166 billion was refunded to businesses (not to the consumers who paid them, it went to the businesses). That leaves about $133 billion in revenue collected.
-$1.2 trillion minus $133 billion = $1,067,000,000,000 added to the mounting debt.
We should also note that American consumers have already paid the fully loaded cost of the tariffs, the full $300B, as they are ultimately passed down to the point of sale or service. The USG then paid $166B back to importers who initially paid the tariffs, which takes the form of a windfall cash infusion that needn't be passed on to the consumers in the form of rebates or sub-market prices.
Importers essentially got paid damages. Consumers and taxpayers just got laid over a barrel and tag teamed.
I never said that it is. It is usually the Republicans who knee-jerk call everything any Dem suggests to do as "socialism" and that we can't afford it.
That said, I would really like to know why our growing debt means nothing when a Republican is in office. Trump is spending money like it is unlimited.
Ever since McCarthy, when citizens of the US hear the word socialism, they think communism. They have no idea that communism is based on a theory to benefit common citizens. Supposedly democracy has the same goal with a different theory of how to achieve it. Both have been corrupted by the greed and immense power of so-called leaders like Putin and Trump. $5,000 will be very appealing to those that have been duped by the Republicans.
This is Trump's typical ju-jitsu move — all the commentators saying this is impossible are also arguing against socialist/communist taxpayer giveaways, e.g. Mamdani.
I am somewhat hornswoggled that people on here think that there is EVER a case where everyone gets stimulus. In my lifetime (admittedly not boomer lifetime), it has always been mean-tested and basically anyone making over $200K even with kids gets nothing. Meanwhile, it should be noted, if you do basic cost adjustment people in red states like Texas making $150K and getting the full check actually have more buying power by a large margin than people on the coasts making $200k (I"m not going to get into the peole in the rich Alabama suburbs). Fannie Mae knows this when they calculate mortgage limits. The govt knows this. But in the end Dem or GOP the result is always a flat cut off that redistributes from some of the hardest working, most productive, least-complaining workers to the people who blame everyone else (immigrants, gay people, women who want reproductive freedom) for their own inadequacies. Thank you for your attention in this matter.
Tariffs are paid here in the U.S., by American companies and American consumers who buy foreign-made products. If Trump puts a 25% tariff on Canadian maple syrup, for example, that tariff is paid by Americans who buy Canadian syrup - nobody else pays, ever.
Foreign companies can't import things into the U.S. on their own. An American has to be the importer. When a foreign product reaches the U.S., it first must pass through Customs and Border Protection (CBP) as an import. If there is a tariff, CBP charges that tariff to the American importer. It's COD, more or less. That's how tariff revenues are collected.
If that American is a middleman (that is, he buys syrup from Canada in bulk and then sells it on to grocery stores, who sell it on to you), the middleman has to pass that tariff cost on when he sells the syrup, otherwise he loses his profit. He raises his sale price for the grocery store. That grocery store then has to raise the price on the shelf (what you pay). This is one way tariffs cause inflation - straight up price increases at the store.
NOTE: if you, a citizen, buy a product directly from a foreign producer, then the shipping company (Amazon, for example) legally becomes the importer and has to pay the tariff to CBP. This is why Amazon includes added costs for products directly purchased from abroad. Amazon doesn't want to pay the tariff, so it passes the cost on to you. This is why Trump asked Amazon to eat the tariffs voluntarily, for the good of the country. Of course, Amazon (a private business in the business of making money) said no.
Tariffs hurts Canadians because syrup gets more expensive for Americans (by 25%!), so Americans should (in theory) reduce their purchases of Canadian products. That exactly how tariffs work: they make foreign products more expensive for consumers, so Americans quit buying them and start buying more stuff made in USA. Not a problem, in terms of supply, if the USA has the item wanted! However, for a tariff to actually work, the USA-made product must be more expensive than the foreign product before the tariff (duh, but needs to be said). This means even if we switch to all USA-made stuff, all tariffs STILL cause inflation.
For generations, free-market small-government supporters have fought against tariffs for exactly this reason: they are a back-door tax on Americans that cause inflation in the name of regulating the free market (another no-no for REAL conservatives). Tariffs are a hallmark of socialist economics: government interference to try and manage the economy. Managed economies are Socialism, plain and simple; and they ALWAYS fail.
On top of that impossible-to-get-past truth, in order for Trump to raise $1.5 trillion in a tariff tax on consumers, he'd have to raise today's tariffs by 600%, creating massive inflation of an additional 4-7% on TOP of today's already-to-high 3-4% inflation rate (our goal is 2% tops in a healthy economy).
11% Trump inflation would exceed Biden's worst months. It would be a bloodbath for consumers.
Imagine if your pay just got cut by 11%, but your bills stayed the same. Since the average American worker makes $70K+ a year, an 11% cut could approach $7-10 grand lost, in real terms.
Trump is offering the average American worker a $5 grand socialist bandaid to cover a $7-10 grand+ socialist wound.
Dividends are shared by profitable companies to make ownership more appealing. It is not giving other people’s money to shape an opinion. This is more like bribery. Not that it will ever happen.
-The checks would cost over a trillion (about $1.2 trillion)
-The tariffs originally added $299 billion to the treasury, but the S.C. said they were unconstitutional and therefore $166 billion was refunded to businesses (not to the consumers who paid them, it went to the businesses). That leaves about $133 billion in revenue collected.
-$1.2 trillion minus $133 billion = $1,067,000,000,000 added to the mounting debt.
It can't be a "rebate" when the refund is more than 8 times greater than the amount of tariffs that were paid.
Please take note: those of you protesting that we cannot afford this apparently missed the memo: The debt stopped being an issue 599 days ago. The debt will not be an issue again for another 862 days and, of course, it depends on who is elected. Thank you for your attention to this matter.
-The checks would cost over a trillion (about $1.2 trillion)
-The tariffs originally added $299 billion to the treasury, but the S.C. said they were unconstitutional and therefore $166 billion was refunded to businesses (not to the consumers who paid them, it went to the businesses). That leaves about $133 billion in revenue collected.
-$1.2 trillion minus $133 billion = $1,067,000,000,000 added to the mounting debt.
In case anyone was wondering or thinking that these are "rebates".
Not surprising in the least. He is the greatest accelerationist of all time with the goal of bringing us down to our knees as a country so that we bow down to the tech overlords.
Wrong. The money would come from tariffs.
That’s CAPITALISM not Socialism no matter how hard you try to spin it. Payback for decades of Americans getting screwed out of their hard earned money by other countries. We subsidized other countries with our taxes and purchases. They tariffed American exports and took advantage of our market. A rebate sounds fair as long as it’s really paid for and not just rolled into the national debt.
Wrong. The tariffs have not produced anything near that amount of money. The money would just add to our debt. It’s not capitalism, it’s WEALTH REDISTRIBUTION (or, in other words, robbing from our kids and grandkids to pay ourselves).
Nope.
-The checks would cost over a trillion (about $1.2 trillion)
-The tariffs originally added $299 billion to the treasury, but the S.C. said they were unconstitutional and therefore $166 billion was refunded to businesses (not to the consumers who paid them, it went to the businesses). That leaves about $133 billion in revenue collected.
-$1.2 trillion minus $133 billion = $1,067,000,000,000 added to the mounting debt.
I don’t consider a $5000 payment socialism if everybody gets it. I call it revenue sharing a la tariff bonus for past inflation from Biden.
Personally, I don’t like the looks of it with timing to the election. It looks like buying votes more than socialism but it is something Trump promised about a year ago or so. (Ie) tariff sharing.
Too bad the Republicans chastised Sen. George McGovern for proposing $1,000 check to Americans in his 1972 Presidential campaign. But that’s so last century for these Republican pretzels. If Trump says it, his minions twist themselves to defend it.
Most Republicans aren’t in favor of any giveaways -period. A tariff rebate for Biden’s excessive inflation -AND billions in giveaways through NGOs makes $5k seem like pocket change so take your McGovern talking points back to your Dem friends after asking how they let their corrupt party steal billions through NGOs.
The Dems are having a very hard time raising money since Trump has exposed and stopped all the money funneled to “charities” of USAID. We now know it was being funneled to Dem candidates and causes.
Somali fraud. medicaid fraud, home health fraud. All stealing tax money and some going to Democrat candidates.
Well, apparently everyone wouldn't get it. Only people who make under X amount. So Same people are not going to get this who didn't get Covid relief either and pay the lion's share of taxes. That sounds like wealth redistribution to me.
And I don’t like the timing before an election so it’s OK with me to kill it. I don’t like handouts but it’s been done many times.
That is an absolute total LIE..You don't know what you're talking about, you're talking out the side of your face..Everyone with a Social security number got stimulus.
You ever check your facts?
First Stimulus Check ($1,200)Full Payment: Up to $75,000 for single filers; up to $150,000 for married filing jointly; up to $112,500 for heads of household.Phase-out / Upper Limit (no children): Completely phased out at $99,000 for single filers; $198,000 for married couples; $136,500 for heads of household. [1] (https://jmf.com/2021/02/2020-stimulus-checks-1-2-what-you-need-to-know-for-your-2020-tax-return/), [2] (https://www.taxoutreach.org/tax-filing/coronavirus/covid-19-stimulus-checks-immigrant-eligibility/)
Second Stimulus Check ($600)Full Payment: Up to $75,000 for single filers; up to $150,000 for married filing jointly; up to $112,500 for heads of household.Phase-out / Upper Limit (no children): Completely phased out at $87,000 for single filers; $174,000 for married couples; $124,500 for heads of household.
Half of my comment was missing? Everyone who was a U.S. citizen or resident alien, having a Social Security number (SSN) valid for employment, not being claimable as a dependent by another taxpayer, and falling under income phase-outs which varied by round and filing status; received stimulus..Higher earners received reduced or zero amounts..My point WAS, the money President Trump is promising isn't coming home TAX MONEY, like China Flu stimulus did..We also DON'T know if it's going to be the same as Biden stimulus, as far as who does or doesn't get the $5,000..You are GUESSING!! He did say "every adult"!!
I am pretty sure the whole point of socialism is that everybody gets it. Also, didn't conservatives blame the stimulus checks for the inflation? As economist say, inflation is too much money chasing too few goods. Why would this round of stimulus spending be any different? In fact, since we already have growing inflation, would this not super-charge it?
"Also, didn't conservatives blame the stimulus checks for the inflation?"
Yes, they did. In fact, they blamed that entirely on Biden, even though Trump handed out 2 stimulus checks and Biden sent 1.
Yes, on steroids like never before.
You are unfortunately a product of the American public school system of the last 3/4 decade. You can not even describe socialism correctly.
Colby’s good, but he’s one of many that hopped on the Meidas bandwagon after seeing the success of the Meiselas brothers in trolling a things Trump. Everyone other than lobotomized MAGA assholes know that Trump is everything America isn’t. Why pay to keep hearing it? Get the unredacted Epstein files and I’ll pay to see them published. Get proof that Trump raped 13 year olds, and I’ll pay to see it published. In other words, get something other than the usual blather from every Substack that Trump doesn’t give a shit about and I’ll become a paid subscriber.
You seem nice!
An interesting take. My takeaway is that the same team who derided Dems as tax and spend socialists pumping up the deficit are taxing, spending, and pumping up the deficit even worse. I hate to agree with the fiscal conservatives but the same logic should apply no matter what color your election sign is, without the sleight of hand verbal Olympics.
Mfers are arguing over some shit that’s never going to happen. It’s a fucking mirage being sold by a bunch of people who know better well ok not Trump he believes his own bullshit.
hahaha, Trump knows the 5k give away will never go anywhere but it is a master class in political gamesmanship. 1. Thousands of Americans that don't really pay attention will think, "what the heck, I'm voting for Trumps guy. 2. After and if the GOP wins it all Trump will blame the Dems for blocking the payment. 3. It is part of his pre-election" suck up all the oxygen in the room" strategy. No one does it better. 4. Dems knee jerk reaction gives even more legs to the story. Hate him or love him, he has become a master politician. One of a kind. Great Americans are like that no matter what party affiliation.
Trump is no great American and great Americans bare no resemblance to Trump. He is a master of manipulation of morons. What scares me most is how many of us think he is good for anything, let alone good governance.
You better HOPE so, right you degenerate Socialist..Trump didn't give us any of the Tariff money yet cuz he KNEW it would be his TRUMP CARD!! Thats how IGNORANT you lazy Commie Socialists are..Now im going to BLOW UP your ENTIRE ridiculous theory that the "Dems will block it"..How can the Democrat Socialists block it when REPUBLICANS KEEP THE SENATE & HOUSE? Tell me Genius? What will they "BLOCK" it with? What GOOD has Democrats done? They had total control from 2021 to 2025..The first thing they did was destroy everything Trump did to make this Country PROSPEROUS ..He lowered prices on gas & food,#1 Economy & Energy Independent..As soon as Democrats took over prices for EVERYTHING doubled & tripled..They left our borders open for 4 straight years allowing millions of criminals, terrorists, murderers, pedophiles, drugs, disease and deadbeats to INVADE our Homeland, then gave our Tax money to them & STOLD the rest..In the end, we were left with RECESSION AND INFLATION..Get outta here with your LIES..
Why shouldn't we get a piece of the profit from our collective labor? Socialism is an institutional change, centralizing ownership. A one off limited tariff rebate type payment leaves private ownership untouched. To say that it's the same thing or even a slippery slope completely ignores what real socialism implemented actually does. It's not just checks cut to the citizens.
Because it's not profit. It's pure debt.
Nope.
-The checks would cost over a trillion (about $1.2 trillion)
-The tariffs originally added $299 billion to the treasury, but the S.C. said they were unconstitutional and therefore $166 billion was refunded to businesses (not to the consumers who paid them, it went to the businesses). That leaves about $133 billion in revenue collected.
-$1.2 trillion minus $133 billion = $1,067,000,000,000 added to the mounting debt.
We should also note that American consumers have already paid the fully loaded cost of the tariffs, the full $300B, as they are ultimately passed down to the point of sale or service. The USG then paid $166B back to importers who initially paid the tariffs, which takes the form of a windfall cash infusion that needn't be passed on to the consumers in the form of rebates or sub-market prices.
Importers essentially got paid damages. Consumers and taxpayers just got laid over a barrel and tag teamed.
Yes, I agree. I did note those outrageous numbers in my comment, thank you for reiterating.
Okay that's valid but it's still not socialism
I never said that it is. It is usually the Republicans who knee-jerk call everything any Dem suggests to do as "socialism" and that we can't afford it.
That said, I would really like to know why our growing debt means nothing when a Republican is in office. Trump is spending money like it is unlimited.
Ever since McCarthy, when citizens of the US hear the word socialism, they think communism. They have no idea that communism is based on a theory to benefit common citizens. Supposedly democracy has the same goal with a different theory of how to achieve it. Both have been corrupted by the greed and immense power of so-called leaders like Putin and Trump. $5,000 will be very appealing to those that have been duped by the Republicans.
This is Trump's typical ju-jitsu move — all the commentators saying this is impossible are also arguing against socialist/communist taxpayer giveaways, e.g. Mamdani.
I posted the below just yesterday on X: “Why does capitalism begin to feel like socialism?
Let’s just give $5,000 to everyone for no reason.”
The choice is getting down to choosing between Liberal Socialism or National Socialism.
Not muck of a choice.
I am somewhat hornswoggled that people on here think that there is EVER a case where everyone gets stimulus. In my lifetime (admittedly not boomer lifetime), it has always been mean-tested and basically anyone making over $200K even with kids gets nothing. Meanwhile, it should be noted, if you do basic cost adjustment people in red states like Texas making $150K and getting the full check actually have more buying power by a large margin than people on the coasts making $200k (I"m not going to get into the peole in the rich Alabama suburbs). Fannie Mae knows this when they calculate mortgage limits. The govt knows this. But in the end Dem or GOP the result is always a flat cut off that redistributes from some of the hardest working, most productive, least-complaining workers to the people who blame everyone else (immigrants, gay people, women who want reproductive freedom) for their own inadequacies. Thank you for your attention in this matter.
Sure, just like we were going to get DOGE Money, Trump does nothing but LIE.
Tariffs are paid here in the U.S., by American companies and American consumers who buy foreign-made products. If Trump puts a 25% tariff on Canadian maple syrup, for example, that tariff is paid by Americans who buy Canadian syrup - nobody else pays, ever.
Foreign companies can't import things into the U.S. on their own. An American has to be the importer. When a foreign product reaches the U.S., it first must pass through Customs and Border Protection (CBP) as an import. If there is a tariff, CBP charges that tariff to the American importer. It's COD, more or less. That's how tariff revenues are collected.
If that American is a middleman (that is, he buys syrup from Canada in bulk and then sells it on to grocery stores, who sell it on to you), the middleman has to pass that tariff cost on when he sells the syrup, otherwise he loses his profit. He raises his sale price for the grocery store. That grocery store then has to raise the price on the shelf (what you pay). This is one way tariffs cause inflation - straight up price increases at the store.
NOTE: if you, a citizen, buy a product directly from a foreign producer, then the shipping company (Amazon, for example) legally becomes the importer and has to pay the tariff to CBP. This is why Amazon includes added costs for products directly purchased from abroad. Amazon doesn't want to pay the tariff, so it passes the cost on to you. This is why Trump asked Amazon to eat the tariffs voluntarily, for the good of the country. Of course, Amazon (a private business in the business of making money) said no.
Tariffs hurts Canadians because syrup gets more expensive for Americans (by 25%!), so Americans should (in theory) reduce their purchases of Canadian products. That exactly how tariffs work: they make foreign products more expensive for consumers, so Americans quit buying them and start buying more stuff made in USA. Not a problem, in terms of supply, if the USA has the item wanted! However, for a tariff to actually work, the USA-made product must be more expensive than the foreign product before the tariff (duh, but needs to be said). This means even if we switch to all USA-made stuff, all tariffs STILL cause inflation.
For generations, free-market small-government supporters have fought against tariffs for exactly this reason: they are a back-door tax on Americans that cause inflation in the name of regulating the free market (another no-no for REAL conservatives). Tariffs are a hallmark of socialist economics: government interference to try and manage the economy. Managed economies are Socialism, plain and simple; and they ALWAYS fail.
On top of that impossible-to-get-past truth, in order for Trump to raise $1.5 trillion in a tariff tax on consumers, he'd have to raise today's tariffs by 600%, creating massive inflation of an additional 4-7% on TOP of today's already-to-high 3-4% inflation rate (our goal is 2% tops in a healthy economy).
11% Trump inflation would exceed Biden's worst months. It would be a bloodbath for consumers.
Imagine if your pay just got cut by 11%, but your bills stayed the same. Since the average American worker makes $70K+ a year, an 11% cut could approach $7-10 grand lost, in real terms.
Trump is offering the average American worker a $5 grand socialist bandaid to cover a $7-10 grand+ socialist wound.
Well done, National Socialists!
A single dividend check is socialism? This guy doesn't know the definition of "dividend" check. Typical leftist sophistry. Try again.
Dividends are shared by profitable companies to make ownership more appealing. It is not giving other people’s money to shape an opinion. This is more like bribery. Not that it will ever happen.
A rebate and socialism are NOT THE SAME!!
-The checks would cost over a trillion (about $1.2 trillion)
-The tariffs originally added $299 billion to the treasury, but the S.C. said they were unconstitutional and therefore $166 billion was refunded to businesses (not to the consumers who paid them, it went to the businesses). That leaves about $133 billion in revenue collected.
-$1.2 trillion minus $133 billion = $1,067,000,000,000 added to the mounting debt.
It can't be a "rebate" when the refund is more than 8 times greater than the amount of tariffs that were paid.
Please take note: those of you protesting that we cannot afford this apparently missed the memo: The debt stopped being an issue 599 days ago. The debt will not be an issue again for another 862 days and, of course, it depends on who is elected. Thank you for your attention to this matter.
-The checks would cost over a trillion (about $1.2 trillion)
-The tariffs originally added $299 billion to the treasury, but the S.C. said they were unconstitutional and therefore $166 billion was refunded to businesses (not to the consumers who paid them, it went to the businesses). That leaves about $133 billion in revenue collected.
-$1.2 trillion minus $133 billion = $1,067,000,000,000 added to the mounting debt.
In case anyone was wondering or thinking that these are "rebates".