Trump's Tariff Rebate Plan: Pros, Cons, and Feasibility
Update: 2025-11-10
Description
Former President Donald Trump proposes sending rebate checks to Americans, funded by tariffs, to help with rising costs. The plan, similar to pandemic stimulus checks, would exclude high-income individuals. However, questions arise about the feasibility, as the US Treasury has collected over $220 billion in tariff revenue, but there are over 163 million tax filers. The income cutoff for wealthy Americans and Congressional approval are also uncertain. Sending out these checks could potentially worsen inflation, making it challenging for Trump to gain support from fiscal conservatives in his party.
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