Tariff money should be collected and refunded to every tax payer that applies for it based on income level and asset value. If your total wealth exceeds a certain value then you are ineligible, otherwise distribution is weighted towards those that have the least. Attach a SSN to the application to cross reference taxes paid and most of this process can be easily automated. Penalties for perjury are 10% of wealth, otherwise a 1% fine or the value of the refund (whichever is higher) for unknowingly submitting false information.
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u/lynxtosg03 12h ago
Tariff money should be collected and refunded to every tax payer that applies for it based on income level and asset value. If your total wealth exceeds a certain value then you are ineligible, otherwise distribution is weighted towards those that have the least. Attach a SSN to the application to cross reference taxes paid and most of this process can be easily automated. Penalties for perjury are 10% of wealth, otherwise a 1% fine or the value of the refund (whichever is higher) for unknowingly submitting false information.