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Let's say the government spends $250b. Even considering all the blatant tax evasion in the private sector... some of that money will be spent on payroll. And e
by 29athrowaway 5y ago
Let's say the government spends $250b.
Even considering all the blatant tax evasion in the private sector... some of that money will be spent on payroll. And each one of those salaries pay income tax.
Then, each person will go and stuff with their salary, stuff that pays sales tax. And they will also be paying taxes in various ways.
So, tl;dr: some of those $250b will become tax revenue.
Let's hope those $250b won't become stock buybacks, executive bonuses and other forms of corporate welfare.
- krferriter 5y agoThese sorts of funding measures should come with strings like that any company receiving funds cannot do any stock buybacks for a certain period of time (a few years).