Trump's Tariff Dividend: Does the Math Add Up?
Update: 2025-11-19
Description
Trumps Proposed Tariff Dividend Checks May Not Be Funded: A New AnalysisFormer President Donald Trumps plan to distribute two thousand dollar checks to millions of Americans, funded by tariff revenue, may not be feasible. The Tax Foundation estimates that Trumps tariffs would generate around one hundred fifty-eight point four billion dollars in 2025 and two hundred seven point five billion dollars in 2026, falling short of the estimated cost for the dividend checks. Independent analyses from at least two other think tanks have reached similar conclusions, suggesting that the tariff revenue would not cover the proposed checks. If the cost of the checks exceeds the tariff revenue, they would effectively become an unfunded expense, potentially increasing the national deficit rather than reducing it.
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