Tariff Dividend Proposal Faces Legal Challenges

Trump proposes using tariff revenue to nearly eliminate U.S. federal individual income tax.
Tariffs of 10-50% apply to most U.S. imports, with a $2,000 dividend per person for low-income earners.
Legal challenges threaten tariffs, risking $100 billion in refunds if overturned.
Trump claims tariffs will reduce national debt and boost U.S. investment.
Critics are labeled 'FOOLS' by Trump on Truth Social.

Law | Economics | Taxation

United States

Donald Trump

1 month ago