Rebates to taxpayers from Tariff Revenue?

Trump Proposes Rebates for US Taxpayers From Tariff Revenues

Rebates would come as the U.S. government collects record tariff revenues

President Donald Trump floated the idea of sending U.S. taxpayers rebate checks from tariff income collected this year.

Trump, speaking to reporters on July 25 before departing for Scotland, said the White House is thinking about issuing rebates to individuals in certain income levels.

“We have so much money coming in, we’re thinking about a little rebate,” the president said.

While the primary objective is to pay down the national debt, he believes there may be sufficient funds to provide rebates to U.S. taxpayers.

“We’re thinking about a rebate because we have so much money coming in from tariffs that a little rebate for people of a certain income level might be very nice,” Trump said.

To date, the Trump administration has reached trade agreements with the United Kingdom, Vietnam, Indonesia, the Philippines, and Japan. The United States is also actively negotiating trade deals with China, Canada, the European Union, and South Korea.

This year, Washington has been generating record tariff revenues. So far this month, tariff income has exceeded $27 billion, lifting the fiscal year-to-date total to nearly $150 billion.

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And guess what Democrats--NO inflation.