Josh Hawly wants to send discount checks so that the Americans can benefit from the Trump tariff

President Trump’s tariff has I was born around 20 billion dollars In the revenues of the United States government, although it is worth noting that the vast majority of this wealth has been derived from Import duties on American companies. In other words, Americans pay the federal government (many critics note that the customs tariff is just taxes in the name of another) for the pleasure of dealing with foreign exporters.
For financial confusion, the New York Times recently Explanation books On customs tariffs, break up how money is flowing from American companies to the federal government. “Customs duties are paid by companies that import goods,” the newspaper notes. “The revenues of the American definitions are paid by the US importers to the US Treasury.” Trump policy critics I also noticed By evaluating American companies to obtain revenues, management only requires those companies to transfer costs to consumers, which is almost certain that the cost of the cost increases Point computers, Carsvideo games, SmartphonesAnd graphic cards and countless consumer goods of American consumers.
To compensate for all of this (or, as he put it, to allow the Americans to “benefit” from this strange new system), Senator Josh Holie now wants to send a check (it is supposed to be one time). Congress member Legislation On Monday that was compared The law of attentionThe major draft law was approved during the first period of Trump, which distributed money to the Americans during the epidemic. NBC reports:
The program will be created as a refundable tax credit, as the government sent checks this year in the event of the progress of the bill through Congress and the Trump signature. The draft law would ensure that the amount provided to each adult child and the accredited child is not less than $ 600. A greater discount for every person in the event of exceeding revenues of customs tariffs is also allowed.
“Just as President Trump suggested, my legislative will allow Americans working hard to benefit from the wealth of Trump’s tariff to this country,” Holi said in a joint statement with the media.
The Holi bill seems to be based on something Trump said During a recent press conference. When the journalist was asked about the definitions, Trump said: “We have a lot of money next, we are thinking about a simple discount, but the big thing we want to do is pay the debt. But we are thinking about a discount.”
It is not clear how any of this is logical. If you are following things properly, the situation is: I have found the administration a new source of revenue in the form of import duties, and imposing (mostly) on American companies to “pay the debt” outwardly, but, at the same time, the government apparently is apparently ready that there is a large amount of money. It must be remembered that the Covid motivation program (which was also $ 600 in the mail) is remembered by the name A very expensive federal program This greatly contributed to the national religion and went to the flames of inflation. Just do some mathematics that reaches Napkin, if every American receives a stimulating examination of $ 600, then the total cost will reach nearly $ 205,000,000. This is slightly higher than the total estimated revenue from the customs tariff for this year.
I am not an economist, but it seems that something about this entire formula challenges the basic logic. In fact, the only way I can make it logical is if Holie’s “opponent” is walking on the Road of Elon Musk “Doge Dividend,After some good press, he failed to achieve it.
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