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That raises the question - why bother taking those people's money in the first place?
by marknutter 12y ago
That raises the question - why bother taking those people's money in the first place?
- sliverstorm 12y agothe argument is because that translates to tax credits, which basically means the exact system we have right now that everybody wants to scrap. So clearly we can't do that.
- gte910h 12y agoOne time a year payments (tax returns) have a different spending pattern than many times a year payments (welfare programs, and pension programs). The second pattern is the one that sustains people at the bottom edge of wealth. The former is what causes extra consumption. Additionally, poor people live in areas with literally no banks. Both of those alone justify a monthly payment method.
- dllthomas 12y agoWell, you're not taking those people's money in the first place. The justification for including them in both calculations is so that there are no discontinuities in the system where producing a little more of value for others means taking home a lot less in resources for yourself (like many means-tested programs).