As the Tax Foundation’s Erica York quickly pointed out, about 150 million people make less than $100,000. She noted that sending each of them a $2,000 check would cost $300 billion, and Trump’s tariffs are only projected to raise $217 billion annually.
Archive article: https://archive.is/Ih7jO
And tariffs are what the consumer pays, so we’d only be getting back what we already paid in.
If that. I’d say my expenses this year have for sure gone up by a total of more than 2k, although I respect that much of that ended up in the pockets of our sacred shareholders and CEOs and their holy quest for quarterly growth, not directly tariffs.
He struggles with basic math in general, not just on this matter. He’s still insisting that he’s going to bring drug prices down 1000%, months after he started saying that. He struggles with basically anything actually.
When he says he’s going to reduce drugs by thousands of percent, I think he looks at the price of drug x in, for example, Germany and sees a price of $10 then he looks at the price in the USA of $160. So the USA price is 1600% of the Germany price.
He claims to reduce them to the Germany price, and then screws up on how percentages work and says he’ll reduce it by 1600%, instead of what he should say, which is reducing it by 94%.
So that’s how I understand the comments he makes. Either way he’s full of shit and won’t actually reduce them at all, but I think I get why he thinks he is correct in stating percentages in the thousands.
The man who means what he says always needs interpretation.
he looks at
well I think you lost me there. I doubt he looks at fucking anything
Ah, that makes sense. He’s definitely an idiot for not knowing how it works and he has to know that people are laughing at him and he just keeps repeating the same stupidity.
It’s likely one part of a statistic he heard somewhere. The only part that registered was the number.
I remember having to demonstrate basic arithmetic skills to get a job in a call center. It seems like maybe the president of the U.S. should at least have to take the same test I did
Put every presidential wanna be on stand live broadcast and feed them basic constitution, math, and science questions. Hell every congressional wannabe
What’s 2k going to do? It’s a short term fix. How about we have a long term solution?
Buy votes.
How much does one hospital trip cost?
How much does food for a year cost?
$2000 is nothing.
Seems math and science are too woke for this regime.
Dr. Oz said Americans could lose ‘135 Billion Pounds’ with the proposed lower price of weight loss drugs.Remind me what’s the conversion rate from pound to dollar? Probably the right ballpark.
This is easy to fix. Just increase tariffs.
“We leave this trivial exercise to the reader” or whatever they write in maths books.
He ain’t gonna follow through so what does it matter it doesn’t add up ???
“The $2,000 dividend could come in lots of forms, in lots of ways,” Treasury Secretary Scott Bessent said on ABC News on Sunday.
“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,” the Treasury Secretary added.
The only time Social Security income is taxed, is if you’re pulling in investment money or a significant “second job”…
No one who needs the 2k is paying tax on social security…
And cutting the tax on it only helps the wealthy
“In many ways” signals to me that he’s just going to say people have been paid but nobody is actually getting anything.
Of course, his base will lap his bullshit up and praise how generous and honest he is.
It means he knows nothing and there’s no actual plan. Like always, Trump is just gonna Trump and it’s up to his circle of interpretivite dementia experts and pill grifters as to what he actually means.
Yeah, it means we can all keep hoping to be trickled on at some point. They are only giving money to those of us that qualify as something higher than “consumer” on their caste list.
This assumes this is an annual thing and not a one-time stunt.
I think this is a potential component in a ‘2025 sucks to make 2026 look better’.
Imagine that they use part of the tariff revenue over 18 months to issue a check roughly that size right smack dab in the middle of midterm campaign season. Maybe also implementing one of those random tariff pauses, say, 90 days covering the tail end of election season to get prices to maybe come down. If there’s one thing they should have learned is that the average person sincerely loves getting their own money back without interest and views it as a ‘nice bonus’, like they do every April.
So they drive prices up in 2025, then use some of that to ‘stimulus’ the voters as they implement pricing relief…
I think everything is coming together for them to win the midterms. People have already forgotten about USAID and similar, and maybe associate that more with Musk than Trump. People are pissed about the inflation but this would likely erase that concern particularly if they ease up for election season. They endangered people by taking away SNAP, but democrats caved and the Republicans have a chance to make short term healthcare extension and vindicate their ‘democrats caused this by being stubborn’ narrative. Further, since open enrollment closed and it’s “too late”, one thing I heard floated was implementing the subsidy as a cash rebate to those that would have benefited, and just like this refund here, that goes even further than reducing the costs in the minds of the voters. If they want a little boost they can also do things like throw RFK Jr. under the bus and install a vaguely credible person in his position, to illustrate they can improve things.
Well they paid $2000 extra in tariffs so they’re just getting it back.
Wow, someone else maths!
From another thread:
So far, there has been $200B collected in tariffs as of September. Some estimates are saying $300B by end of year.
https://www.crfb.org/blogs/tariff-revenue-soars-fy-2025-amid-legal-uncertainty
The current estimated US population is 340 million.
https://www.census.gov/popclock/
Take off 10% for “the wealthy”, that leaves 306,000,000.
I can’t imagine Trump giving $2,000 to kids, so knock off anyone under 18, that’s another 73 million off the list.
So round about 233,000,000 people getting $2,000 checks?
$466 billion. Oops. Hey Donnie, you’re short somewhere between $166 and $266 billion.
So how much COULD people get?
$200B / 233M = $858.37
$300B / 233M = $1,287.55Not awful, until you realize that’s how much these taxes soaked you for in the first place. 😉
ngl but this atleast is some kind of wealth redisturbution, despite how stupid it all is.
rather this than handing it straight up to the billionairs directly, like usually
Billionaires only getting $300 billion to share amongst them? Don’t make me laugh. They don’t need pocket change. Come back to me when you are distributing $300 billion PER billionaire.
But it well all end up in their pockets anyway.
Putting his age in there really got my hopes up for a second.
One day.
Release the Epstein Files!
Trump 79, struggles to stay alive…
