US EditionTreasury Secretary on Trump $2K Tariff Dividend Vow: 'It Could Just Be … Tax Decreases'
Treasury Secretary Scott Bessent said the $2,000 tariff dividend could be delivered as tax cuts or direct payments, funded by billions in tariff revenue.
- On Nov. 9, President Donald Trump proposed a $2,000 dividend for most U.S. citizens funded by tariffs, saying many could receive at least $2,000.
- Treasury Secretary Scott Bessent said tariff revenue could bring in trillions of dollars over the next few years, with estimates projecting $300 billion to $400 billion annually.
- Treasury Secretary Scott Bessent said the $2,000 dividend could take many forms, including tax decreases such as no tax on tips, overtime, Social Security, and auto loan deductibility.
- Congress must approve any stimulus checks, and if the Supreme Court invalidates the International Emergency Economic Powers Act, tariff revenue could drop by over 50%.
- Policy analysts estimate about 150 million adults would qualify, costing nearly $300 billion, while tariffs have raised $90 billion and offset about 24 cents per dollar of other tax revenue.
15 Articles
15 Articles
How much will Trump's tariff dividend cost the US government? Hint: It is double the tariff revenue generated
US President Donald Trump's $2,000 tariff dividend proposal could cost $600 billion annually, surpassing the revenue from tariffs. While the 2020 stimulus set a precedent, scepticism exists regarding the legality of tariffs.
Treasury Secretary Scott Bessent Hints President Trump's $2,000 Tariff Dividends May Not Come The Way You Think
President Trump excited many Americans after he announced he plans to issue a $2,000 tariff dividend check to Americans. However, Treasury Secretary Scott Bessent’s most recent remarks may pour some cold water on that excitement. Bessent while be interviewed on ABC was asked point blank if he had a formal proposal when it came to $2,000 dividend checks. Bessent replied by saying he has not discussed the checks with President Trump and added the …
The Tennessean
The Leaf ChronicleIs Trump giving out $2,000 tariff dividend payments? Treasury Secretary says they 'could come in lots of forms'
A new post from President Donald Trump on Nov. 9 is promising $2,000 dividends for U.S. citizens, with some limitations. What to know so far.
Treasury Secretary Scott Bessent indicated that Trump's proposed $2,000 "dividend" could be delivered through tax cuts.
Although Trump promised a $2,000 ‘tariff dividend’, the Treasury clarified that there will be no stimulus checks, only possible tax cuts
The Epoch Times
The Political InsiderTreasury Secretary Says Trump’s $2,000 Dividend Proposal May Come Through Tax Cuts
Treasury Secretary Scott Bessent said that the $2,000 tariff revenue dividend proposed by President Donald Trump could come in the form of lower taxes. Trump said in a Nov. 9 statement on Truth Social that many Americans could get a dividend of at least $2,000, as he praised tariffs that he imposed on other countries starting earlier this year. “I haven’t spoken to the president about this yet, but … the $2,000 dividend could come in lots of for…
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