Trump Media and Tech Group (Politics Allowed~Non-Moderated)

[louieforpar]

The master shell game salesman is again hooking his poorly educated cult for the umpteenth time.  

According to the numbers those proposed checks would equate to 3 times more than what the tariff revenue took in. 





"Do the numbers add up? Erica York, vice president of tax policy at the Tax Foundation think tank, estimated the proposed rebate would cost $300 billion, assuming the $2,000 checks went out to adults making under $100,000 a year. The tariffs, meanwhile, have brought in $120 billion in revenue so far." 


"They also haven't been a pure positive for the federal budget, York said, since tariff costs have led some companies to reduce spending on other things, pushing down the revenue the government collects from other taxes. Each dollar of tariff collected reduces payroll and income taxes by 24%, according to the Tax Foundation, which estimated based on a model used by the Joint Committee on Taxation. Taking that into account, federal revenues are only up $90 billion, less than a third of the estimated cost of the rebate checks" 

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