President Donald Trump’s sweeping tariff regime is generating so much revenue for the federal government that Washington could eventually return some of that windfall to taxpayers. But tariff rebate checks, if they become reality, could backfire.
President Donald Trump’s sweeping tariff regime is generating so much revenue for the federal government that Washington could eventually return some of that windfall to taxpayers. But tariff rebate checks, if they become reality, could backfire.
Tariffs are TAXES, paid by consumers. Giving back some would be a refund. It’s all regressive and inflationary. Why do you just write the administration’s propaganda as news?
When he eventually bans all media besides state media I kinda hope yall are the first to go. Even before Fox. Who needs shit like FNC when we have entities like you, slurping his shit as fast as he can spew it? Pathetic really. I’d get banned if I said what I really wanted to say about yall
How is the tariffs that are going to other countries making the government rich? Do tell CNN....
🙄
CNN carrying more water for the fascist Trump regime than Gunga Din lately.
When do I get the check, when the billionaires pay more taxes?
"I just don't rape you because you don't deserve it." Bolsonaro, another friend of Trump, speaking to a woman congressman in Brazil.
I give you $2000 and you give me back $20.00 , see no problem at all
Don’t believe it.. never happen. Trump destroys not interested in the little people unless they are underage
“Bullshit with your pablum, Little Boots?” Why, yes…
But the rich got a shitload tax cut. Trump wants to give working people pennies. Insulting after cutting Medicaid.
Wouldn’t the musk/doge breach of the treasury allow infinite ability to launder money(bribes)?
This is all a joke, we’re in big trouble in America.
Delete your account.
bluesky really needs a “fuck off all the way into the Sun” button
So basically. Here's the extra you paid minus Trump's cut.
First of all, instead of congratulating the moron - keep in mind that money windfall is coming from American companies and consumers (nowhere else). Giving them back some is some inefficient bullsh+t
So a tax refund.....
He’s generating revenue from Americans paying his new sales tax. Taking our money
Will the rebate checks cover the rising cost of my groceries this week? Tariffs are a tax on the American people.
Federal budget is around 7 trillion and you say that 20 billion extra/month (240/year) is so much money? He destroyed your economy, reputation and created trade chaos with his bureaucracy jungle to increase budget by lame 3,4%. Just to have to return some of it back. Overall it is chaos for noting.
We are paying it but Trump considers it his money now.
CNN either doesn't understand how tarrifs work, or is shit scared of upsetting the dictator.
You, CNN, are scared of Trump.
🤣 you actually think the 🍊🤡 would give money to poor people? His tariffs are going to make EVERYTHING MORE EXPENSIVE for Americans and he will sit back on his golden throne and declare victory while the citizenry starve.
Honestly, nothing more than reportable income to be taxed by trump - a double triple ripoff on the American consumer!
This is not a windfall for this country.This money isn’t coming from other countries. This money is coming from the people so the idea that somehow giving it back to us is a bonus when everything costs twice as much is ridiculous.Good God man no wonder the country is going down in flames. Do better
Nothing like the people boosting its own inflation uncontrollably
Trump isn't going to send out checks. God, you will fall for anything won't you?
These tariffs are paid by American businesses which impacts their profits and business viability or will be passed on to American consumers which creates inflation. Either way it's taking money from Americans to give back to Americans - sounds like socialism to me.....
Socialism doesn’t give money for money, it gives services like healthcare for tax money. That’s why the wealthy should pay their fair share.
This would almost certainly work out like credit card "rewards" where, sure, you might be getting $5 cashback each month, but you're getting charged $50 in interest at the same time. It doesn't outweigh the damage that's being done, but people are swindled by it all the time.
Companies buying product now prior to tariffs increases inventory value or" inventory gain" goes to the bottom line of the financial statement. So, if today I buy at a lower cost and the value goes up the next day the selling price goes up. Companies will sell prior lower cost items at a higher $.
I used to watch CNN in college and I admired its journalism. Shame on you for normalizing this corrupt administration.
Great, so we'll get pennies in the dollar back while billionaires pocket the rest
So, a regime that's classically against giving people free money that isn't already rich is talking about giving a rebate all the taxes that Americans have to pay... They really think every American is boo boo the fool...
Someone at cnn appears to be sucking up to Trump. Surely Americans aren’t so stupid as to believe this drivel. Are they?
Sadly they are, just look at what happened the last November...
Seriously, CNN? Have you missed the part where prices have gone up? Do you all buy groceries? All of those “revenues” are being paid by US citizens. IF any sort of checks go out they will not make up for the increased cost of living.
What about the debt , Projected to be upwards of 42 trillion $’s , under the Trump administration !
The tariffs aren’t generating any revenue, the American consumer is paying more. Don’t you have a reporters with an economics background to fact check yourself?
Generating revenue? You mean redistributing the wealth from consumers to big business and the government? Get fucking real America.
Trying to figure out how this isn’t a FoxNews article.
Did CNN cross over to MAGAVILLE? Tariffs are paid by the consumer, everyday citizens. So what would be turned over, their own money? Not a chance in hell that Trump is going to give the people anything.
danielpaulbooks.substack.com/p/trade-defi...
What a pathetic idea - taking $100 from us in unapproved taxes and giving us $5 back... like the USA is some weird cash-back CREDIT CARD??
But the idiots that voted that fraud in will think he’s a generous benefactor that really cares about them.
The fuck are you talkin about
Rebate check will arrive just before midterm election...
The way the MSM is papering over the cracks for Trump is utterly pathetic
Americans paying thousands of dollars to get a $2 coupon.
Slow news day? Y’all aware how tariffs work?
Yeah now trumpets say oh raise your own food. Sorry but I can't have cows grazing in my apartment complex.
You guys are no longer serious people...
@kairyssdal.bsky.social Is this true? Large revenue generated for feds?