Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Adrian Volenik

Peter Schiff Slams Republicans For Wanting To 'Gift' Tariff Revenue Back To Taxpayers, Calls It 'One Of The Dumbest Ideas'

Tariffs Hit Fast Retailing

Economist and gold advocate Peter Schiff is openly criticizing the idea floating around among Republicans. Their proposal is to use tariff revenue collected by the government to fund rebate checks for American taxpayers. 

“One of the dumbest ideas offered by Republicans is to ‘gift’ the tariff revenue back to taxpayers,” Schiff posted to X recently. “If Republicans want taxpayers to have the tariff revenue, then don’t impose tariffs on them in the first place.”

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.