So The Donald wants to give us $5,000 after the November midterm elections:
“If the Republicans win the House of Representatives and the United States Senate, both of them, because of our… tremendous economic success, like in history we’ve never had anything like what’s happening, but because of our tremendous strength and success economically, I will issue a dividend to every adult citizen in the United States of America for $5,000,” Trump said on night one of the convention, comparing the move to “a successful company” that does a “cash distribution to its shareholders.”
I know what I’d do if I were a shareholder in a company drowning in debt and unfulfilled obligations and the CEO stated that he wanted to pay a cash dividend because of a recent short-term upturn in sales. I’d tell him to do something better with the company’s money, like retire some of the debt the company has been incurring under his stewardship — firstly, from 2015 to 2019, and likewise from 2025 until today.
Failing that I have a question: how, exactly, is he going to fund this so-called “dividend”?
Look, it’s all very well to dress up this little bit of voter bribery in corporate-speak, but the fact remains that it’s essentially a political action, and therefore it’s going to be paid by the Treasury.
Memo to the President: what you really need to do, Mr. President, if you want to offer us a bribe, is not offer us cash — cash which, by the way, we’ll have to pay taxes on — but instead promise us to pass a permanent cut in the tax rates (all brackets) after the mid-terms. Drop the top rate (37%) to 25%, and by similar percentages all the way down the line. (The DSA Communists want to increase our taxes; make the Republican point of difference to lower taxes. See which one works better come election time.)
If you thought the economy was doing well before, see what happens after that.
And when the tax revenues increase hugely as a result — and they will, of course — use that growth in income to pay down the debt, buy back T-bills from foreign investors (like China), or use at least some of it to fund the terminations of federal employees. (I know you’ve been doing okay so far in terms of the latter activity, but you need to do better. Try to get the non-Defense federal workforce to fall to the equivalent levels of, say, the Coolidge Administration.)
On that topic, feel free to get rid of the busybody government departments — you know, the ones that have crippled industry and innovation by adding more and more federal regulations. (And on that topic: FFS, why are the Dept of Education and ATF still in existence?)
Anyway, to return to the main point:
Don’t give us a cheap “dividend” that is only valuable until it’s spent; give us lasting relief through lower taxes.
We’ve been doing our bit to help you by eliminating ur-Democrats and RINOs like that Cornyn weasel in the Republican primaries. When Ken Paxton gets to D.C., he’s going to be on your side, I promise you. He’s not the best we Texans might have done, by the way, but he sure as hell is going to be a better MAGA Senator than Cornyn. And he sure as hell will be a “yes” vote on lower tax rates when that legislation come up for a vote in the Senate.
We’ll do our best in November to get you the Congressmen and Senators that you’ll need in 2027 and onwards; do your best to lower taxes and get government off our backs.
That would be a real dividend for us.
