Politics
JUST IN: Trump Calls For $2,000 Tariff Dividend For Working Class Americans
President Donald Trump on Sunday announced that the administration is exploring the possibility of providing $2,000 dividend checks to every American due to record increases in tariff revenue.
“People that are against Tariffs are FOOLS! We are now the Richest, Most Respected Country In the World, With Almost No Inflation, and A Record Stock Market Price,” the president posted on Truth Social.
“401k’s are Highest EVER. We are taking in Trillions of Dollars and will soon begin paying down our ENORMOUS DEBT, $37 Trillion. Record Investment in the USA, plants and factories going up all over the place,” he continued. “A dividend of at least $2000 a person (not including high income people!) will be paid to everyone.”
U.S. tariff revenue for the fiscal year 2025, which ended on September 30, totaled $195 billion, marking a more than 250 percent increase from the previous year.
This accounted for the the highest annual collection in modern history, driven by President Trump’s sweeping tariffs on imports from dozens of trading partners including China. The tariffs were implemented under executive authority such as the International Emergency Economic Powers Act (IEEPA), while the Supreme Court is currently weighing a decision that could curb the president’s ability to levy tariffs.
This figure encompasses duties collected through September, with monthly revenues climbing from $7 billion in January to $30 billion by September.
In an August 26 interview, U.S. Treasury Secretary Scott Bessent predicted that tariff revenue could surge to $300 billion annually as more trade deals are finalized. “We had a substantial jump from July to August, and I think we’re going to see a bigger jump from August to September. So I think we could be on our way well over half a trillion, maybe towards a trillion-dollar number,” he said of the fiscal year 2026.
In addition, this could not be done without Congress, as direct payments to citizens constitute federal spending that requires legislative authorization and appropriation under the US Constitution’s Appropriations Clause, preventing the executive branch from unilaterally disbursing tariff revenues. Such revenues flow into the general Treasury, meaning that targeted rebates or dividends without a specific law, similar to how stimulus checks in prior years needed statutory approval despite emergency declarations.
