Re:3.28M file for U.S. jobless benefits
by newhotelowner on Thursday March 26, 2020 @10:32AM
(#22693915)
> The fed is buying debt right and left, and the government surely doesn't want to borrow money and remove that liquidity.
That's why the tax cut was a bad idea. It should have been a tax increase. We should be saving more in good times so that we have enough for the downturn.
If we had a safety net - like UBI, we wouldn't be spending 2 trillion.
Its time for UBI & some wealth distribution for proper prosperity and growth.
I paid $14 in federal taxes for every $100 I made in 2019. I am in top 1% earners in my state and nationwide. That is just ridiculous.
That's why the tax cut was a bad idea. It should have been a tax increase. We should be saving more in good times so that we have enough for the downturn.
If we had a safety net - like UBI, we wouldn't be spending 2 trillion.
Its time for UBI & some wealth distribution for proper prosperity and growth.
I paid $14 in federal taxes for every $100 I made in 2019. I am in top 1% earners in my state and nationwide. That is just ridiculous.