A prominent think tank warned on Monday that a Trump administration proposal to send $2,000 dividends from recent tariffs could cost as much as $600 billion per year.
“Assuming these dividends are designed like the COVID-era Economic Impact Payments, which went to both adults and children, we estimate each round of payments would cost about $600 billion,” the Committee for a Responsible Federal Budget (CRFB), a Washington-based organization that describes itself as nonpartisan, said in an analysis issued on Nov. 10.
The group was referring to three rounds of stimulus checks that were sent out in 2020 and 2021, during the pandemic.
It noted that so far, Trump’s new tariffs have raised around $100 billion and are projected to raise around $300 billion per year….
Trump-Backed $2,000 Tariff Dividends Could Cost $600 Billion Per Year, Group Says
