Perhaps predictably, doubts were cast on Trump’s plan to hand out $2000 to everyone. The Guardian delved a little deeper into the potential problems with such a huge undertaking on the government’s part, with analysts pointing out that there are two major hurdles.
The first is cost. Such a payment could cost between $300 billion and $513 billion, depending on whether children count and which adults are eligible.
The second issue is the legal challenges associated with the tariffs themselves, which is where any and all money for dividends would com from.
Recently, the Supreme Court of the United States heard arguments in cases challenging the president’s use of emergency‐powers law to implement the tariffs. Three lower courts already ruled the approach illegal, and if the tariffs collapse in court, any planned or perceived system resulting in a payout would disappear.
To sum it up, Trump might promise unexpected, too-good-to-be-true dividends, but until he makes clear who’s eligible and when the payout might be made, and until he can categorically clarify the future of his tariff model, the whole thing seems… optimistic, shall we say.
In any case, probably a good idea that you don’t spend the $2,000 before it actually lands in your account.
Do you think Donald Trump can/will make good on his promise for sweeping dividends? Let us know in the comments.
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