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
It’s likely one part of a statistic he heard somewhere. The only part that registered was the number.