- Will Trump create a tariff dividend by December 31, 2026?1¢1%
Trader consensus on a 95.5% chance that no tariff dividend will be created by December 31, 2026, reflects structural barriers that have persisted since the November 2025 proposal. A February 2026 Supreme Court ruling invalidated key IEEPA-based tariffs that were intended as the primary funding source, while annual tariff collections remain well below the hundreds of billions required for broad payments to adults or households. No White House legislation has advanced, a related House bill remains in committee, and administration statements have stressed the need for congressional approval without firm timelines. With only weeks remaining before the market's resolution date, these fiscal, legal, and procedural constraints have produced near-certain trader positioning. Late-session reconciliation, new tariff authorities, or rapid revenue growth could still shift the outcome, though all face significant procedural and timing hurdles.
Rules
This market will resolve to "Yes" if the Trump Administration formally creates (e.g., by signing federal legislation or performing executive action) a tariff dividend/rebate by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No". Any bill signed into law or executive action taken within this market's time frame will qualify, regardless of when the law or action goes into effect. A qualifying payment of any amount distributed to any segment of individual US taxpayers will qualify as long as it is clearly attributed primarily to tariff revenue rather than a routine tax refund or credit. The resolution source will be a consensus of credible reporting.