Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Amazing in this country a 300k+ earning household thinks they are entitled to stimulus money? Something is really wrong here.
Stimulus should be progressive if we have progressive taxes
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.