On Thursday, Trump said the government has already taken in hundreds of billions of dollars from tariffs imposed on foreign nations since April. "They're just starting to kick in," he said, adding that "ultimately, your tariffs are going to be over a trillion dollars a year," in an interview with One America News Network.
When asked about what he intends to do with all this money, Trump said that his priority is paying down the nation's massive debt.
"With that being said, we'll pay back debt, but we also might make a distribution to the people," Trump said. He described the plan as "a dividend to the people of America."
"We're thinking maybe $1,000 to $2,000 – it would be great," Trump said, amid a government shutdown, after the Senate failed to pass a continuing resolution late Tuesday.
https://finance.yahoo.com/news/trump-plans-1-000-2-233055452.html?fr=yhssrp_catchall
I am not a fan of rebates. While populist they only provide short lived stimulus to the economy.
Pay down the debt with the tariff windfall. Then lower taxes. That will set the US economy up for long term strong growth.
PAY DOWN THE DEBT!
Quote from: Lokmar on October 08, 2025, 09:11:53 AMPAY DOWN THE DEBT!
That must be the priority for tariff dividends.