WASHINGTON — President Donald Trump recently reaffirmed the timeline for his proposal to send Americans rebate checks from tariff revenue.

During the final Cabinet meeting of 2025, Trump declared that the U.S. has "taken in literally trillions of dollars" and that the government would be "giving a nice dividend to people" in 2026.

"Next year is projected to be the largest tax refund season ever. And we're going to be giving back refunds out of the tariffs because we've taken in literally trillions of dollars and we're going to be giving a nice dividend to the people, in addition to reducing debt," Trump said on Tuesday.

Trump also suggested that, over time, tariffs could affect income tax. However, it is unclear how, or even if, the administration could do that without Congressional app

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