Why will anyone with low income jobs ever go back to work when they’ll get $600 a wk from Biden

[Market_Diver]

Did you look at revenues the year before?

Fiscal Year Revenue
FY 2021 $3.86 (estimated)
FY 2020 $3.71 trillion (estimated)
FY 2019 $3.46 trillion (actual)
FY 2018 $3.33 trillion
FY 2017 $3.32 trillion
FY 2016 $3.27 trillion
FY 2015 $3.25 trillion
FY 2014 $3.02 trillion
FY 2013 $2.77 trillion
FY 2012 $2.45 trillion
FY 2011 $2.30 trillion
FY 2010 $2.16 trillion
FY 2009 $2.10 trillion
FY 2008 $2.52 trillion
FY 2007 $2.57 trillion
FY 2006 $2.41 trillion

Notice the pattern. Year after year after year .... rising. Whether a D or an R was in office.

Proved my point. We could lower the taxes even lower.

Decreasing the taxes does not decrease the revenue, vice versa,
Increasing the taxes does not increase the revenue.

 

[SunTrader]

Proved my point. We could lower the taxes even lower.

Decreasing the taxes does not decrease the revenue, vice versa,
Increasing the taxes does not increase the revenue.

LOL how do you figure that?

Revenues rose year after year ... without year after year tax cuts ... and sometimes even in years with tax increases.

That is what an increasing population does. But thanks to Chumpie's populist white nationalist idiotic clamping down on legal immigration we might start to see a drop in future years.

 

[Turveyd]

You will all own nothing, you will all work for the state, your house and car and basic food will be provided by the state and you WILL be happier, if you say otherwise then firing squad, Communism will be glorious and fair as we will all be as poor as each other other than the Elite ruling class ofcourse.

Comrades, who's up for Vodka and a quick game of Russian Roulette, not a world I want to live in.

 

[KCalhoun]

Another reason I'm long cannabis stocks

 

[ElCubano]

Then you have the double dippers. Those that get paid under the table and collect. That's a middle class income.

 

[ElCubano]

The Poor: Why would I want to work when I can sit at home watching netflix and get $600.

The Rich: Why would I want to work when I have to give a large portion of my paycheck to the poor who don't work.

Consequences: High unemployment, the rich will flee, decreasing Gov revenue, inflation, total collapse of nation.

The rich/corporations get 1000 times the amount of hound outs that the poor get. Don't be fooled. Make that 10's of thousands. Do you think Elon Musk got their because TSLA cars? lol c'mon man. What did the banks get when they should have been flushed down the toilet back in 08/09? Oh yeah too big too fail. Not to mention the tax loopholes where billions are made and zero is paid. C'mon man.

 

[Relentless]

You will all own nothing, you will all work for the state, your house and car and basic food will be provided by the state and you WILL be happier, if you say otherwise then firing squad, Communism will be glorious and fair as we will all be as poor as each other other than the Elite ruling class ofcourse.

Comrades, who's up for Vodka and a quick game of Russian Roulette, not a world I want to live in.

 

[Fain]

Increase Minimum Wage.

 

[stochastix]

Wow that’s incredible . The $ will be confetti or taxes go vertical destroying our standard of living

https://bigthink.com/technology-innovation/alan-watts-basic-income

 

[SammyJ]

There’s millions of self employed people gaming the system . The Federal gov’t is paying the state and federal part . They’ll never verify the self employed people as the state could give 2 craps as there not paying for it .I bet a lot of traders on here getting it.