US EditionTrump’s $2,000 Tariff Dividend Could Be Limited to Families Earning Under $100K, Treasury Secretary Bessent Hints
Treasury Secretary Scott Bessent said the $2,000 tariff dividend could be limited to families earning under $100,000 and may come as tax cuts linked to the One Big Beautiful Bill Act.
- On Wednesday, Treasury Secretary Scott Bessent explained the $2,000 tariff 'dividend' could target families making less than $100,000, signaling an income cap.
- President Donald Trump last week floated using tariffs to fund household payments on social media, prompting Treasury Secretary Scott Bessent to say he had no idea what the president was talking about.
- Analysis shows the richest 5 percent receive 45 percent of tax cuts next year, while the richest 1 percent average a $66,000 cut under the One Big Beautiful Bill Act.
- Bessent said the proposal is still under discussion and could come through tax changes like no tax on tips, overtime, Social Security, and auto loan deductibility to put more money back into Americans' pockets.
- Highlighting legislation, Bessent argued that 2025 will be a 'blockbuster' year, with `I say that you are going to feel it` as new plants create thousands of jobs and the `Big Beautiful` tax bill offers 'big refunds' for families.
15 Articles
15 Articles
Trump’s $2,000 tariff dividend could be limited to families earning under $100K, Treasury Secretary Bessent hints
Treasury Secretary Scott Bessent said the Trump administration is considering limiting the proposed $2,000 tariff dividend to families earning under $100,000, though no final decision has been made.
The Epoch Times
Treasury Secretary Says Proposed $2,000 Tariff Rebate Could Have Income Limit
Treasury Secretary Scott Bessent on Wednesday provided more details about a potential $2,000 tariff-derived dividend that was floated by President Donald Trump on Sunday and Monday, suggesting there would be an income limit. “Well, there are a lot of options here that the president’s talking about a $2,000 rebate and those—that would be for families making less than, say, $100,000,” Bessent told “Fox & Friends” on Wednesday when he was asked abo…
Don’t Hold Your Breath Waiting for a Tariff Dividend from Trump
Last week, President Trump used social media to propose, probably with no plan of any kind, that his tariffs would be used to fund payments to U.S. households. “A dividend of at least $2,000 a person (not including high income people!) will be paid to everyone,” Trump posted. The next day, Treasury Secretary Scott Bessent politely revealed that he had no idea what the president was talking about, saying “the $2,000 dividend could come in lot…
Treasury Secretary Scott Bessent predicts ‘blockbuster’ year for US economy, relief for workers
From new factories to bigger paychecks, Treasury Secretary Scott Bessent says the year ahead will be a "blockbuster," promising relief for American wallets."I say that you are going to feel it," Bessent said Wednesday on the Fox News Channel."I was just down in my hometown of Charleston, South Carolina on Friday, and this new Boeing plant is opening up. That's 1,000 new jobs that the president has brought back."Bessent also visited a rare earth …
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