Quote:
Originally Posted by calculoso
And what is the problem if they spend it?
- companies have more demand, preserving jobs
- more taxes in return for government through sales taxes
That’s bad?
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It’s not only not bad, it was the entire intent. Keep people spending.
Quote:
Originally Posted by CliffFletcher
I’m old fashioned enough to believe government money isn’t infinite. $2k sent to a family with a household income of $130k to spend on home renos or put towards a new SUV is $2k not spent on health care, education, or subsidized housing.
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Wouldn’t someone in that scenario pay significant tax on that $2k?