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Tax Foundation

Washington-based nonpartisan think tank that researches and analyzes U.S. and global tax policy, producing data and estimates on tax proposals' fiscal impact.

Current stories

invest4 publishers

Trump's $5,000 dividend would cost more than 600 times the funded $90 Medicare rebate

Donald Trump's $5,000 'Trump Dividend' would cost about $1.2 trillion and needs Congress to pass it after a Republican sweep on Nov. 3. The $90 Medicare rebates due around Oct. 8 come from a fund that already holds the money, so only one of the two checks is paid for.

Perspective Coverage

5 publishers
Builder
Builder 10%
Operator
Operator 47%
Investor
Investor 43%

Reality

Evidence68
Adoption
Insufficient
Hype gap+45
Incentives80
Confidence62
invest6 publishers

A Republican donor calls Trump's $5,000 midterm promise a 'bread and circus bribe'

Trump promised $5,000 to each American adult if his party keeps its congressional majorities, and Fortune reports that such a proposal could cost more than $1 trillion. No financing was attached to it.

Perspective Coverage

6 publishers
Builder
Builder 5%
Operator
Operator 48%
Investor
Investor 47%

Reality

Evidence80
Adoption5
Hype gap+60
Incentives85
Confidence70
invest1 publisher

Tax Foundation prices Trump's tariffs at 0.4% of long-run GDP

The same estimate carries a 3.1% rise in core goods prices and roughly 345,000 full-time jobs. It arrives in the seventh month of a war with Iran that has closed the Strait of Hormuz, and the figures describe a long-run level.

Publishers:fortune.com

Reality

Evidence32
Adoption
Insufficient
Hype gap+20
Incentives45
Confidence40