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Here's a really interesting proposal... instead of paying in 25k, wasting 20k, then paying out 2k, why not just not have people pay so much tax up front?
by exabrial 6y ago
Here's a really interesting proposal... instead of paying in 25k, wasting 20k, then paying out 2k, why not just not have people pay so much tax up front?
- toomuchtodo 6y agoBecause there are millions of people with zero income at the moment, or a reduction in income. Easier to just inject fiat into their deposit accounts to increase monetary velocity.
- imtringued 6y agoIn fact, those are probably the only ones who really need the stimulus in the first place. It's not like someone with $400 on a bank account and a stimulus check of $2000 is at risk of spending it all on something nonessential like Bitcoin or Tesla stocks instead of paying rent.
- wtfiswiththis 6y agoPoor as dirt, last stimmy check went 50/50 into bills and repaying credit. People aggressively demanding tax cuts while others have no income come off as being extremely out of tune as to the state of much of the population. Congrats to the people wealthy enough to see the stimulus as something to dump into Tesla stock.