Comment by ImSkeptical
9 years ago
I think it would be an annual bonus for some Americans, and an annual tax increase for others. As someone who, I suspect, would be in the second group, I feel like we do enough of this kind of thing already.
9 years ago
I think it would be an annual bonus for some Americans, and an annual tax increase for others. As someone who, I suspect, would be in the second group, I feel like we do enough of this kind of thing already.
And as someone who, I suspect, would be in the second group as well, I feel like we do the tax increase part way too much, but we don't do the annual bonus part nearly enough.
That's because any policy which gives free money unilaterally to 320 million people is going to be incredibly expensive. 14,000 * 320 million = 4,480,000,000,000...$4.5 trillion. Just...no. This is more than the Federal government takes in every year currently ($3.27 trillion).