What would this look like in practice? I’m betting money laundering so that corporations can double dip; they passed the tariff charge onto consumers through higher prices but somehow it will be justified that the vast majority of any refunds will go to corporations because they ultimately paid the tariffs directly. So you paid the tariff indirectly that way then you’ll pay again via taxes because everyone knows they’ve pissed away whatever money was raised through this dumb shit.
If they’re smart they’ll earmark 1/4-1/3rd of it to send out $1000 refund checks. It won’t make up for what tariffs have cost the average american household (barely half, by many estimates) but it’ll be enough “free money” to convince idiot voters to come out in numbers especially if well timed
What would this look like in practice? I’m betting money laundering so that corporations can double dip; they passed the tariff charge onto consumers through higher prices but somehow it will be justified that the vast majority of any refunds will go to corporations because they ultimately paid the tariffs directly. So you paid the tariff indirectly that way then you’ll pay again via taxes because everyone knows they’ve pissed away whatever money was raised through this dumb shit.
If they’re smart they’ll earmark 1/4-1/3rd of it to send out $1000 refund checks. It won’t make up for what tariffs have cost the average american household (barely half, by many estimates) but it’ll be enough “free money” to convince idiot voters to come out in numbers especially if well timed
A lot of importers have already sold off their refund rights… If they did this without an act of Congress, they’d probably end up paying twice
Also, the tarrifs were projected to bring in 3 trillion over a decade. It’s been like 6 months… This feels suspect