Monday, November 10, 2025

As Trump says Americans will get a Tariff 'dividend,' Bessent Disagrees

"A dividend of at least $2,000 a person (not including high income people!) will be paid to everyone," Trump said in a Truth Social post Sunday that began: "People that are against Tariffs are FOOLS!"

Posted by LampLighter at 07:33 AM | 15 COMMENTS | permalink

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Treasury Secretary Scott Bessent quickly dialed back President Donald Trump's claim that most Americans will receive a $2,000 tariff "dividend."

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-- The Daily Beast (@thedailybeast.bsky.social) Nov 9, 2025 at 6:09 PM

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More from the article ...

... When asked about Trump's comments in an interview on ABC's "This Week," Treasury Secretary Scott Bessent said that while an initial result of tariffs is to generate a surge of revenue for the government, the long-term goal is to "rebalance trade" by restoring manufacturing to the United States. The increase in manufacturing would lead to a decline in tariff revenue, Bessent said, but would bolster tax revenue.

"It's not about taking in the revenue. It's about rebalancing," Bessent said.

Host George Stephanopoulos asked Bessent about Trump's dividend vow, and Bessent hedged a little bit, suggesting the dividend, for which there is not a specific proposal, could show up in different types of economic benefits.

"I haven't spoken to the president about this yet," he said.

"The $2,000 dividend could come in lots of forms and lots of ways, George," he added. ...


#1 | Posted by LampLighter at 2025-11-09 01:06 PM

"The increase in manufacturing would lead to a decline in tariff revenue, Bessent said, but would bolster tax revenue."

Oh I see. Tax revenue goes down, but tax revenue also goes up.

We're robbing Peter to pay... Peter.

#2 | Posted by snoofy at 2025-11-09 01:13 PM

@#1 ... "It's not about taking in the revenue. It's about rebalancing," Bessent said. ...

Tariffs look more to me like a weapon that Pres Trump uses against Countries that do things he does not like.

For example, tariffs on Canada because the leader of a province of Canada ran a TV ad that correctly quoted fmr Pres Reagan.

For example, tariffs on Brazil because Brazil's judicial system put an ally of Pres Trump in jail.

etc. , etc. ...

#3 | Posted by LampLighter at 2025-11-09 01:14 PM

Trump giveth and his tariffs taketh away.

"The Trump tariffs amount to an average tax increase per US household of $1,200 in 2025 and $1,600 in 2026."
taxfoundation.org

#4 | Posted by johnny_hotsauce at 2025-11-09 02:09 PM

Trump hands out pennies while pocketing Billions.

Happy increased inflation!

#5 | Posted by ClownShack at 2025-11-09 02:20 PM

Also. Did Congress approve this?

Who remembers when America had a Congress?

#6 | Posted by ClownShack at 2025-11-09 02:22 PM

#5 inflation doesn't exist if you don't measure it.

#7 | Posted by jpw at 2025-11-09 03:35 PM

And whites will pay reparations for their murders.

#8 | Posted by fresno500 at 2025-11-09 03:55 PM

... "A dividend of at least $2,000 a person (not including high income people!) will be paid to everyone," ...

OK, some simple math here.

Presumptions:

US Population: 342,000,000
US population minus the 10-15% or so ~high-income~ folk: 300,000,000


OK, let's go ...

300,000,000 times $2,000 per person is $600,000,000,000 ($600 billion).

Tariff collection so far in 2025 has been around $200 billion.

So, where will that other $400 billion come from?


#9 | Posted by LampLighter at 2025-11-09 06:30 PM

#9 Cannot Newsworthy this post enough.

#10 | Posted by A_Friend at 2025-11-09 06:35 PM

If and when the SC overturns -------- use of tariffs, the federal government will have to refund that $200,000,000,000

to corporations

Not to you who spent the money

But to the corporations who imported goods and paid the tariff

So, you and I paid more for goods over the past whatever months to corporations who paid the federal government the tarrifs.

So when tariffs are refunded, they go back to the corporations.

Will the corporations be sending you and me checks?

LOL

Just more transfer of wealth from the poor and middle class to the wealthy

Almost like it was planned

#11 | Posted by truthhurts at 2025-11-09 06:55 PM

@#11 ... Not to you who spent the money

But to the corporations who imported goods and paid the tariff ...

Just more transfer of wealth from the poor and middle class to the wealthy

Almost like it was planned ...


You noticed that also?


#12 | Posted by LampLighter at 2025-11-09 07:02 PM

PEDO DONNIE is that insane

#13 | Posted by LegallyYourDead at 2025-11-09 08:27 PM

@#11 ... So when tariffs are refunded, they go back to the corporations.

Will the corporations be sending you and me checks? ...

Yes, of course they will. Because corproations care so much about you and me.

/s

#14 | Posted by LampLighter at 2025-11-09 09:19 PM

So when tariffs are refunded, they go back to the corporations.

They don't go back to Gyna?

#15 | Posted by REDIAL at 2025-11-09 09:44 PM

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