All the current moves and initiatives by the Trump administration pivot on the midterm elections in November, and the trickster’s hole card is half-baked vows of cash outlays to the American public.
You can bet your bottom dollar that economic matters, which always begin surfacing around income tax time, will be a prominent issue. A lot will be said and promised by the Trump administration about relief programs earmarked for the nation’s poor and underserved.
In effect, the gambits are all about buying your vote, often premised on fake news and mass distraction. Expect a multitude of rope-a-dope, “the checks in the mail” double-talk from the micromanaging snake-oil salesman.
He has repeatedly made the point that Americans can expect the largest tax refunds in U.S. history and that every American child born between 2025 and 2028 should receive a $1,000 seed investment from the Treasury into an index fund, though there are several caveats.
If the income improvements fall through, Trump has other ways to keep the House and Senate under his thumb, but even that form of legerdemain, particularly of threatening to cancel the midterms, remains the province of the courts that have shown elements of resistance.