"What are you spending your $2000 tariff dividend on?" Topic

There are checks (or cheques if you prefer) for $2,000 USD drawn from the tariff fees on their way to all good citizens – surely some of that must be going to support the miniatures industries?

So, what are you planning on buying?

uh, yeah. we'll see.

Believe it when I see it in my mailbox

+1 Rudy

+1 Time Portal

Prefer it to go to pay down the national debt.

I guess you could send it back after it arrives.

Uh-huh. Sure we will, just two weeks away!

Taiwanese War Bonds

French Revolution stuff from Eureka
All of the the Ragnarok range
Maybe all of the sets from Bloody Miniatures
Some Foundry Collections I don't own like the Old West range
As much Last Valley terrain pieces as I have money left over for.

Maybe just an extra mortgage payment, or dump it equitably into the college funds for the kids.

"bobspuster" – DON'T waste it! Send it to me and I will wisely invest it back into the industry by purchasing all the Perry and other UK miniatures that I have been holding off on. A win/win as I see it.

I'm planning on spending it right after I see those flying pigs.

School taxes. 😢
And good beer. Not the swill I'm drinking now.

Oh, and some nice 28mm SYW Austrian flags.

Somehow…not planning a lotta future action on this ? :/

"Prefer it to go to pay down the national debt."

You don't want to do that. The entire global financial system will collapse without government debt to function as a reserve asset.

I'm sure all your cheques are in the post.

(1) Won't happen. It's for "hard-working Americans" and I'm retired. (2) If it did, there are four projects in line ahead of miniatures. (3) Constraints now are not financial: it's a matter of space, time and (absent) opponents.

December will be about six figures from Crooked Dice. January will be some SF furniture from Etsy, and possibly a 3x3 mat from Cigar Box. Somewhere this winter, I may buy used A&A tanks and artillery. None of this requires the nation to go an extra two grand in debt.

I'd rather see all that tariff money go to pay down the deficit. However, if I do get a check from them, I'll pay off a credit card and/or buy a new rifle!

First the Prez has only hinted at possibly doing this. No announcement he will.

I'm against it. Pay off the debt or bank it specifically for Social Security. Keep out of the hands of Congress men and women!

Besides, why should those who opposed tariffs, the administration and voted for Harris, be rewarded? (Expressed with Righteous indignation and a sense of fair play) 😉

The national debt is increasing by $6,400 USD per person per year. So giving us $2,000 USD, if it happens, is just a weird little gift. They borrowed money in your name and gave you some of it. Hooray.

The national debt is not something that ever gets paid off, or even paid down. We just pay interest on it forever and ever and ever.

I suggest buying TIPS. These are treasury bonds whose value increases with inflation. They pay a coupon on top of that, and the coupon is based on the inflated value. If inflation stays low (hah) they are just weak bonds. But if we get a lot of inflation these will be amazing investments.

But I'm going too save that money, not splurge. Inflation is hiding around the corner.

Agreed that:

1) Probably won't happen at all.

2) SHOULD go against the National Debt. The US has not always had a National Debt, and we do indeed pay the interest on it, but that interest every year becomes a larger and larger bite of Government revenues. The day is coming when the interest will equal/exceed income.

Ever try to pay off a credit card by borrowing more against it?

3) And if it did hit the mailbox, it's got to go to such savings as we're able to claw back.

TVAG

"fairy tales can come true, it can happen to you….
if you're ????"

Can't spend what I don't have.

That is a marvellous gesture from the US government.
A big help to poorer families I think.

If the children get it too, then that could be about $8,000 USD per family.
I am envious.
Well done US government.
In time for Christmas?

martin

Lottery tickets?

I already ordered some Austrian flags.

It isn't clear so far whether it is adults only or not – it could make for a nice college fund if it comes annually.

I was under the impression that the mythical bonus was for taxpayers only. Not children.
But to confine it to taxpayers would be economically responsible, and I have seen no evidence to support that assumption from The Current Administration. 🙄

Not sure of the economic impact. Wouldn't that add to inflation dumping that much money into the economy?

Don't confuse this with the new program for children born in 2025 up. That is the one the Dell family donated billions too as well. (Part of the big beautiful bill).

Rebate checks are different and not official yet.

"Trump Accounts"

"That's the idea behind "Trump Accounts," a lesser-known provision of President Donald Trump's tax legislation. The bill, signed into law earlier this year, gives $1,000 USD to every newborn, so long as their parents open an account. That money is invested in the stock market by private firms, and the child can access the funds when they turn 18. The parents of older children can also open accounts, but they won't get the $1,000 USD bonus.

Backers say it's a way to bolster capitalism and help children from low-income households build wealth at a time when openly socialist candidates are growing more popular.

The new program gives the $1,000 USD bonus only to babies born during the calendar years of the Trump administration. Thanks to a historic donation announced Tuesday by billionaires Michael and Susan Dell, some children 10 and under could receive $250 USD in seed money if their parents open an account. That money is reserved for kids who live in ZIP codes with a median family income of $150,000 USD or less and who won't get the $1,000 USD seed money from the Treasury.

Here's what you need to know about Trump Accounts and how to claim them.

What is a Trump Account?

It's new savings tool where money is invested in the stock market on behalf of a child. The child can't access the money until they turn 18 and can only use it for specific purposes, such as paying tuition, starting a business or making a down payment on a home.

After a parent opens an account, the U.S. Treasury will contribute $1,000 USD for newborns. Private banks and brokerages will manage the money, which must be invested in U.S. equity index funds that track the stock market and charge the accounts no more than 0.10% in annual fees.

Parents can contribute up to $2,500 USD annually in pretax income, much like they do for retirement accounts. Parents' employers, relatives, friends, local governments and philanthropic groups can also pitch in. Yearly contributions are capped at $5,000 USD, but contributions from governments and charities don't count toward that total.

Who gets $1,000 USD?

To qualify for the $1,000 USD seed money, a baby must be a U.S. citizen, have a Social Security number and be born between Jan. 1, 2025, and Dec. 31, 2028. Any parent can open an account for a qualifying child, regardless of the parent's immigration status.

It's important to note that the child won't be able to access the money until they turn 18, except in rare circumstances, so it can't help with immediate expenses. And disbursements from the accounts will be subject to taxes.

What about older children?

Children born before 2025 won't qualify for the $1,000 USD incentive, but parents can still open accounts for them as long as they're under 18. Parents can still invest up to $2,500 USD pretax for those kids, and they may benefit from the Dells' donation, giving $250 USD to children 10 and under in certain ZIP codes."

You can research the rest if you like

I suppose many people will apply the $2,000 USD to health insurance premiums.

Ah, yes, spending it on drugs.

Update – it's only $1,776 USD not $2,000 USD, and in a Starship Troopers inspired way it will only go to current military rather than all citizens as previously announced. Proper Starship Troopers would have given it to veterans as well.