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
the paradoxy of tariffs:
they’re at the same time high enough that the people suffer paying them,
but at the same time, if people got the money back they paid previously, suddenly everybody complains it’s so minisculely little that it doesn’t help anyone and nobody can buy anything with it.