Court doubts Trump tariff payout
2h
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.
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.
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
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.
Meanwhile, he's led an all-out assault on Medicaid, SNAP, and other programs that help the poor.
Reverse Robin Hood.
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."
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
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."
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."
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
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...
by Aaron Sojourner Reposted by Gerald Friedman
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
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...
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
At this rate, by the end of his term Donald Trump will be suing four billion people around the world for insufficient fealty.
by Simon Lester
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
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.
Taxing Americans through tariffs and then returning more to them through rebate checks is...
November 10, 2025 at 12:48 AM
Taxing Americans through tariffs and then returning more to them through rebate checks is...
by Brendan Nyhan Reposted by Will Jennings, David R. Miller
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.
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
First Trump is trying to expropriate $230M from DOJ for himself, now this
by Mark Tushnet
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
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.)
Reposted by Simon Lester
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
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.
