Topic

Court doubts Trump tariff payout

6h

President Trump proposed paying most Americans $2,000 each from U.S. tariff revenues, but the plan faced Supreme Court skepticism and legal and inflation risks.

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He said: "Prices are down under Trump.'

Me: "It is quite literally false. There's not a single way you can interpret a word that the man's saying..as being remotely reflective of either what we're seeing in data from all across the country or in people's everyday lives."
November 10, 2025 at 5:46 PM
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Since January, Trump's Treasury has quietly gutted enforcement of the corporate alternative minimum tax — a huge boon for big business and wealthy investors.

Meanwhile, he's led an all-out assault on Medicaid, SNAP, and other programs that help the poor.

Reverse Robin Hood.
November 10, 2025 at 10:01 PM
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That’s one way of putting it: “The episode underscores the haphazard ways consequential policies are sometimes brought before the president, and how Trump’s govern-by-whim nature can backfire.” www.politico.com/news/2025/11...
‘Sold POTUS a bill of goods’: WH furious with Pulte over 50-year mortgage
The White House was blindsided by the idea and is now dealing with a furious backlash from conservative allies, business leaders and lawmakers.
www.politico.com
November 10, 2025 at 11:37 PM
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Taxing Americans through tariffs and then returning more to them through rebate checks is...
November 10, 2025 at 12:48 AM
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At this rate, by the end of his term Donald Trump will be suing four billion people around the world for insufficient fealty.
November 10, 2025 at 6:15 PM
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While the president's Solicitor General argues to the Supreme Court that the cornerstone of the president's power to impose tariffs is that they are not revenue raising...
November 10, 2025 at 9:18 PM
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The good news about all that foreign investment money is that we wouldn't have to pay it back because we don't actually have it.
Trump claims the U.S. would need to repay $2 trillion if the Supreme Court overturned his tariffs. He says that covers "tariff revenue and investments," which presumably includes the deals from Japan, Korea, etc. Credible estimates of tariff revenue are less than 10% of that.
November 10, 2025 at 8:23 PM
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First Trump is trying to expropriate $230M from DOJ for himself, now this
This allows Trump (via DOJ) to use taxpayer money to bribe eight GOP Senators. It's that simple, there's no other way to describe it.

And where's the compensation for people injured by the Trump admin's unlawful conduct through DHS & DOGE?

Take a bow, @schumer.senate.gov, you did this.
November 10, 2025 at 9:48 PM
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Donald Trump is Joe Biden now

POTUS's job approval on prices is where Biden's was during peak inflation in 2022-23. Voters say 2:1 that Trump has made the economy worse. Oh, and consumer sentiment among independents hit a new all-time low in November, www.gelliottmorris.com/p/donald-tru...
Donald Trump is Joe Biden now
The president's numbers on prices are where Biden's were during peak inflation in 2022-23.
www.gelliottmorris.com
November 10, 2025 at 4:07 PM
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Trump on tariffs fits the definition of chutzpah (“I killed my parents, have mercy on me, an orphan”): I collected so much money illegally that giving it back would be a disaster. (More formally, the fact that giving it back would be a disaster is a reason for saying it wasn’t collected illegally.)
November 10, 2025 at 9:27 PM

Reposted by Simon Lester

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Trump claims the U.S. would need to repay $2 trillion if the Supreme Court overturned his tariffs. He says that covers "tariff revenue and investments," which presumably includes the deals from Japan, Korea, etc. Credible estimates of tariff revenue are less than 10% of that.
November 10, 2025 at 8:18 PM
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