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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Amazing in this country a 300k+ earning household thinks they are entitled to stimulus money? Something is really wrong here.[/quote] Stimulus should be progressive if we have progressive taxes[/quote] Precisely. Since stimulus checks are paid from the existing pool of tax revenue, they are essentially refunds and should be delivered in proportion to the underlying progressive tax structure. So, pick a percentage: maybe 10%. A family that paid $50,000 in 2019 taxes receives a $5,000 stimulus check. A family that paid $10,000 in 2019 taxes receives $1,000. No lower or upper limits. Basically giving everyone a retroactive discount on previous taxes paid.[/quote] So you suggest billionaire like Warren Buffet should receive millions in stimulus? That’s such an absurd idea…[/quote]
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