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Trump Pitches *NEW* Stimulus Checks: $3,600

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0:00

Donald Trump just suggested the

0:01

possibility of a rebate or stimulus

0:04

check. Hey everyone, me Kevin here. Take

0:06

a look at this. We've got Donald Trump.

0:08

This is where he mentions it. What we're

0:10

going to do in this video is calculate

0:12

how much a stimulus check could be worth

0:16

in the event Donald Trump gave up, let's

0:18

say, one year's worth of tariff revenue

0:20

or a half. And then of course we've got

0:22

to factor in is there a potential

0:24

economic risk to that or is it possible

0:27

that the stimulus check if it comes

0:30

could come in the response to higher

0:32

unemployment? Who knows? But let's

0:34

listen to this from Donald Trump.

0:35

>> A dead country one year ago. Now we have

0:38

the hottest country anywhere in the

0:40

world.

0:41

>> Don't you feel it, Mr. President? Mr.

0:43

president, with all of that revenue

0:45

coming in tens and tens of billions of

0:47

dollars,

0:48

>> do you think there's the possibility of

0:50

a rebate to the American public in terms

0:53

of

0:53

>> Is there a possibility of a rebate to

0:55

the American public? Sorry, you've got

0:56

the uh turbine engine, similar engines

0:59

to what you use in a jet aircraft uh for

1:01

the helicopter right behind them. Uh

1:04

probably just cooling down the

1:05

helicopter, getting it ready for him. Uh

1:07

quick fun fact, the uh basically turbine

1:10

engine in a helicopter turns a shaft,

1:12

whereas in a jet engine on an aircraft,

1:14

it blows out the back. Anyway, very

1:16

similar premise though in the engine.

1:17

>> All of that money. We're thinking about

1:19

that actually. We have so much money

1:21

coming in, we're thinking about a little

1:24

rebate, but the big thing we want to do

1:26

is pay down debt, but we're thinking

1:28

about a rebate. That's a very good

1:32

You just made a lot of news. We're

1:34

thinking about a rebate because we have

1:36

so much money coming in.

1:38

>> Listen to Trump. He's like, "You just

1:39

made a lot of news. We've been thinking

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about it.

1:43

We've been We've got so much money

1:45

coming in from tariffs." We'll talk

1:46

about how much in just a moment.

1:47

>> From tariffs that tariffs that a little

1:50

rebate for people of a certain income

1:52

level might be very nice.

1:58

>> That was really it. There were no real

2:00

other questions, but let's do a quick

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calculus on this. Uh so look, if we look

2:04

at how much income has been collected

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from tariffs, we could see as of July

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22nd, we've collected about $104 billion

2:14

from tariffs. However, mind you that

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tariffs really didn't begin until April

2:19

so far this year. Uh and they began at a

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reciprocal level of about 10%.

2:25

Currently, you're seeing a lot of trade

2:27

deals being negotiated at about 19 to

2:30

20%. Unless you're getting the quote

2:32

unquote buy down for a potential deal

2:35

with Japan, where you're seeing tariff

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rates at about 15%, assuming Japan is

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willing to finance some businesses in

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America with cheap or subsidized loans

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or uh equity investments into those

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businesses. Ignoring all of that, the

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point is tariff rates today are much

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higher in practice than they were in

2:54

April. So considering this, we we

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actually have to increase the amount of

3:00

tariffs uh that we potentially expect to

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receive on an annual basis, assuming

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there aren't, you know, there isn't some

3:07

large recession or whatever that comes

3:09

out of uh a slowdown in the economy and

3:12

joblessness. Though, ironically, if you

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had a recession, Trump would probably be

3:17

more likely to issue stimulus checks

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than less likely, especially with

3:22

midterms coming up next year. And Donald

3:24

Trump really needs to do everything in

3:26

his power to, I mean, I hate to use the

3:28

phrase, but distract from the Epstein

3:30

files and kind of get some, you know,

3:32

get some of his base happy with him.

3:34

Again, I'm unsure if like buying that is

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going to make people forget, but it

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might make people happier for sure,

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especially if it's a $3,000 stimulus

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check. Look at this. Onethird of the

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year so far is about $104 billion. So,

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at an annual rate, that's about $312

3:51

billion in tariffs. However, this

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includes tariffs at a lower level than

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10% and it only goes through July 22nd.

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So, you've got to add at least another

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week in here. Plus, tariff rates are

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going to be higher, probably averaging

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18-ish%. So, it's possible that the true

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annualized rate of tariffs will actually

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be closer to about $500 billion in

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revenue. Donald Trump did suggest that

4:12

it would be for certain people of a

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certain income. Obviously, you don't

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want to see, you know, people making a

4:17

million dollars a year getting a

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stimulus checks, which has been true for

4:20

every stimulus check in the past. We

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usually cut it off somewhere around $125

4:25

to $150,000 in individual income,

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potentially, you know, household income.

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It could be as much as 250 to 300K. But

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anyway, if you take the top 10% of

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incomes uh in in America, you find the

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cutoff line is at about $191,000.

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This puts about 138 million taxpayers in

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the lower 90%.

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Uh so if you and and this is tax payers,

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so you know, keep that in mind. Uh these

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are individuals.

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So, you know, if you had two taxpayers

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in a house, even with one filing, uh

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that that would be two taxpayers. So,

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keep that in mind. This could be per

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person, right? If you gave away uh all

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assuming there are two tax filers in a

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household in this case, uh so anyway, if

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you gave away all of that $500 billion

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in revenues, uh that would basically

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work out to $500 billion over a year

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divided by 138.4 million tax payers.

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That works out to about $3,600

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per person. Uh it's it's a little crazy

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to think about it, but here's the actual

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math on it so you can see it in a

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calculator. Uh is 500 billion divided by

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138.4 million filers puts us at about

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3.6 and 12.

5:45

Uh so really, if you gave up half of

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this amount of money, you'd be at about

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$1,800 per taxpayer. Now, keep in mind,

5:56

one of the ways that Donald Trump could

5:58

sell this is he doesn't I don't think

6:00

Donald Trump has a benefit doing it in

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2025. I think they want to align this

6:04

with midterms. Okay. Well, if by

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midterms next year, you end up in, you

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know, a softer labor market and people

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are starting to say, "Hey, Donald Trump,

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your tariffs are weakening the labor

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market. It's causing damage." It would

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be a great time for Donald Trump to

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consider that sort of stimulus again,

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especially now, it'll be inflationary.

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Don't get me wrong, though. You know,

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the cycle of government mistakes tend to

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repeat, but Jerome Powell uh leaves in

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May of 2026. So, you're probably

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honestly going to put a Kevin Hasset uh

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in place because somebody like a Kevin

6:39

Walsh at the Fed, he is less uh less

6:44

interested in debt at the Fed, but Kevin

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Hasset will do whatever Donald Trump

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wants. Hasset's the guy who's just going

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to bend the knee and go, I'll do

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whatever you want, Mr. Trump. So, I

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think you're more likely to see

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stimulative style spending under Kevin

6:59

Hasset. And I think you're more likely

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to see it in 2026 before midterms.

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Remember, midterms are November of 2026.

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So, I think if this $3,600 or $1,800

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stimulus check comes or or whether it's

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$1,000 or whatever it is, you know,

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depending on how they want to brand it,

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I think they could brand this and say,

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"Hey, we'll give away all of the tariff

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revenue for one year or we'll give away

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half for one year and then we'll pay

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down the debt with the rest." Who knows

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what they end up using for marketing,

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but I think they will use it as

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marketing for the midterms. And it's

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going to be a way to sort of I think for

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them play cover for Epstein drama, any

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weakness in the labor market, any

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upsetness over tariffs in general. And

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it's just sort of a way of maybe buying

7:44

some of that loyalty. And both parties

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do this, right? I mean, it was a

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motivation for Biden issuing checks. It

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was a motivation for Gavin Newsome in

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California issuing what were called the

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California inflation relief stimulus

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checks. And we're like, bro, this is

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just going to cause inflation. But, you

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know, politicians and and economics, two

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totally different worlds often. Uh, but

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hey, who cares if it ends up with uh,

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you know, money in the bank, so to

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speak. So, who knows? Donald Trump is

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known for saying things uh, and and a

8:15

lot of things get said. So, take it all

8:17

with a grain of salt for right now. I do

8:19

think if anything, you have to wait

8:21

until next year. But uh you know if in

8:24

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8:25

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9:11

>> Why not advertise these things that you

9:13

told us here? I feel like nobody else

9:14

knows about this.

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>> We'll we'll try a little advertising and

9:17

see how it goes.

9:18

>> Congratulations, man. You have done so

9:19

much. People love you. People look up to

9:21

you.

9:21

>> Kevin Praath there, financial analyst

9:23

and YouTuber. Meet Kevin. Always great

9:25

to get your take.

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