WASHINGTON – President Donald Trump said Sunday that opponents of tariffs are “fools” and promised to use revenue generated from the duties to provide a $2,000 dividend for Americans.
Trump tariff dividend plan
“A dividend of at least $2000 a person (not including high income people!) will be paid to everyone,” Trump wrote in a Truth Social post.
What we know:
In the post he defended tariffs, saying the U.S. is the richest and most respected nation, with low inflation, a record stock market and strong 401(k) gains. Trump also pledged to begin paying down the country’s $37 trillion national debt, adding that leftover funds from dividend payments would go toward the balance.
WASHINGTON, DC – APRIL 02: U.S. President Donald Trump holds up a chart while speaking during a “Make America Wealthy Again” trade announcement event in the Rose Garden at the White House on April 2, 2025 in Washington, DC. Touting the event as “Libe
By the numbers:
According to FOX Business, total tariff revenue reached $215.2 billion in fiscal year 2025, which ended Sept. 30. So far in fiscal 2026, which began Oct. 1, the country has collected $35.9 billion.
The backstory:
Rumors have circulated online about IRS relief payments hitting bank accounts by year’s end, but there are no reported plans for additional federal stimulus payments in 2025. The last was the $1,400 Recovery Rebate Credit from 2021, with a final claim deadline of April 15, 2025.
READ MORE: $1702 stimulus payment? Here’s what we know
In October, viral posts claimed a $1,702 stimulus payment was coming. Those posts appeared to reference Alaska’s Permanent Fund Dividend, an annual payment to eligible residents funded by state mineral revenues.
No further details have been released about the proposed $2,000 tariff dividend.
READ MORE: IRS direct deposit relief payment in November? Here’s what we know
The Source: Information in this article comes from FOX Business, President Trump’s Truth Social posts and previous FOX 5 reporting.
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