New Orleans News Today | 2 Min News | The Daily News Now!

Trump Proposes Tariff Dividend, Experts Weigh In


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Former President Donald Trump proposes a tariff dividend for American families, suggesting a two-thousand-dollar payment for each person, excluding high-income individuals. However, budget experts and analysts express skepticism, pointing out that tariffs currently account for less than four percent of federal revenue and a two-thousand-dollar dividend would cost six hundred billion dollars, far exceeding tariff revenue. Mainstream economists also argue that tariffs are typically paid by American importers, who then pass these costs on to consumers through higher prices, making direct relief through tariff removal a more effective solution.

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New Orleans News Today | 2 Min News | The Daily News Now!By The Daily News Now!