Trump says he'll issue $2,000 tariff dividend to all except 'high-income people'
By: Isabella Murray (ABC News via MSN)
Trump is planning to use our money to pay us to kiss his ass? And Trump isn't even promising real money; it's tax cuts.
When did MAGA become another tool for Wall Street?
S E E D E D C O N T E N T
President Donald Trump on Sunday claimed that a “dividend of at least $2000 a person” will be paid to all Americans except for “high-income people,” saying the country is now wealthy as a result of his tariff policies.
“People that are against Tariffs are FOOLS! We are now the Richest, Most Respected Country In the World, With Almost No Inflation, and A Record Stock Market Price. 401k’s are Highest EVER,” the president wrote.
“A dividend of at least $2000 a person (not including high income people!) will be paid to everyone,” he added.
In an interview on ABC News' "This Week" on Sunday, Treasury Secretary Scott Bessent said that he had not spoken with Trump about the proposed dividend.
Calling opponents to tariffs "fools," Trump claimed "A dividend of at least $2000 a person (not including high income people!) will be paid to everyone."
"The $2,000 dividend could come in lots of forms, in lots of ways, George," Bessent told anchor George Stephanopoulos. "You know, it could be just the tax decreases that we are seeing on the president's agenda -- you know, no tax on tips, no tax on overtime, no tax on Social Security, deductibility of auto loans."
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The American people really would be willing to make some sacrifices for real, tangible benefit to the country. Tariffs would be more acceptable if there were clear signs that the United States was becoming more competitive and less dependent upon foreign suppliers.
Record stock markets and growing 401k claims are just more TEA Party lies. If Trump believes he can convince the American people that small government lifts all boats then Trump is just another TEA Party imbecile. We have an entire financial industry that can tell us those sorts of lies, we don't need Trump.
Where's the factories? Where's the damned jobs, Donnie boy?
That's a pretty interesting interpretation of "letting you keep more of your own money".
Are you suggesting that you won't be able to spend it?
I'm confused as to how this would be a bad thing in and of itself. What do you believe they should they be doing differently?
Trump is promising to give back the money I paid for tariffs. Trump imposed tariffs, raised prices, collected the revenue, and is now promising to return what we paid for the tariffs.
I already spent it on tariffs. What will I be getting back? What is Trump going to give me? Why do I need Trump collecting money from me and then returning government scrip instead of real money?
Wall Street has never, ever produced anything of tangible value. Wall Street is just a financial middleman exploiting transactions between sellers and buyers. Wall Street facilitates concentration of wealth in passive investing. Wall Street extracts profits that could be better invested in productive activities, job creation, and wages that support consumption which would grow the economy.
Wall Street functions the same way as a regressive tax that redistributes wealth to the wealthy.
Sometimes.
Other times it merely distributes wealth to those who are smarter ...and/or who have put in the time and effort to do their own research . . .
$2,000 would be a nice Christmas present and many people would spend some of it on presents
They better put it in the bank since it will barely cover a couple months of the rise in their health insurance premiums once Republicans succeed on ending Obamacare.
If the ACA worked as the Democrats claimed that wouldn't be an issue. But since they forced that trash on the people...
Imagine if it never was a thing. The Republican dream of poor people dying early and losing what little money they had to a capitalist system that demands your money or your life would have come true even earlier. Never fear though, Republicans have a very secret concept of a plan.
Premiums wouldn't have skyrocketed for so many.
People wouldn't have been fined for non-compliance.
Billions in taxpayer funds wouldn't have been wasted
There is the unfounded opinion we've all come accustomed to seeing.
And low income people would have no health insurance and lose what little money they had trying to fend off their early death, just as I said. Maybe try to address that?
Maybe explain how and why they were fined for not having health insurance.
Go ahead. Nobody is stopping you. While you are at it address why the democrats sat on their hands for so long about all this. Address why it's not working as they claimed.
lol. You think Obamacare invented Medicaid?
lose what little money they had trying to fend off their early death, just as I said
thats funny. A few days ago weren’t you claiming health care was tied to life expectancy, yet America actually its life expectancy go down after Obamacare. By your logic, Obamacare kills poor people early.
Obama Care, the ACA, expands Medicaid by extending subsidies to lower income families who could not afford thousands a month for health insurance. Without these subsidies they will go uninsured.
I realize this is difficult for you, but instead of trolling just make some effort at addressing the comment. The whatabout shit is so fucking old.
It was old five years ago. I do believe he thinks he is winning though.
Obamacare is ending itself; the product can't survive without subsidies from the government.
Yet here you are. Again.
Lol. What am I whatabouting about? My comment is clear, consistent, and focused, while you grasp at straws like you always do. You will say anything just to be a complete troll.
You're not
There are people who have nothing informative to say but insist on saying it anyway. It is a foundational feature of current public discourse.
3.1.2.
Not how any of that works, but whatever.
Start saying things that aren't complete fantasy and maybe people will address them.
Not how that works.
Is English new to you? There’s nothing too complex about connecting the dots between not being able to afford health insurance and experiencing bankruptcy over ensuing bills from a single uninsured medical event. But you know this already.
Are you ok?[✘]
No, but the American healthcare system is literally foreign to you.
You appear to misunderstand both Medicaid and the Affordable Care Act.
There is no shame in that for a Canadian. Most Americans don't know the difference between Medicare and Medicaid, much less how the tax credits work.
So maybe read up a little and get back to us.
Being too poor to afford health insurance and too well off to qualify for Medicaid or too young to qualify for Medicare is not some unique circumstance in this country. Again, you already know this.
The ACA didn't solve that. That's the problem.
It also didn't fix the primary problem we were told it would address, the number of uninsured Americans.
The Biden expansion did not make it any better.
The better question than "what if the ACA was never passed would be "what if it was done properly".
Warning, math would have been required and the 26 year old Congressional staffer political science majors who actually wrote the law are famously terrible at math.
It's also worth noting here that the expanded tax credits that are the subject of the shutdown were enacted as a means of dealing with a national emergency which has long since passed.
The arguments that elimination of those.credits somehow constitutes"taking away people's healthcare" are incredibly self damning.
They scream that emergency measures are now the bare minimum, which means no amount of money will ever satisfy these people.
I'll believe it when the check clears in my checking account and not before.