New Delhi, Nov. 10 -- US Treasury Secretary Scott Bessent said President Donald Trump's idea of giving a tariff "dividend" of around $2,000 to Americans may come through tax cuts passed in his signature economic policy bill earlier this year.
Bessent's statement on ABC's This Week was a response to Trump's social media post on Sunday, where he called out people who criticise tariffs and claimed "a dividend of at least $2000 a person (not including high-income people!) will be paid to everyone."
Bessent mentioned that he did not discuss this suggestion with Trump, but "the $2,000 dividend could come in lots of forms, in lots of ways. It could be just the tax decreases that we are seeing on the president's agenda - no tax on tips, no tax ...
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