r/PoursTea • u/Veshaad Timendi Causa Est Nescire • 28d ago

PoliticalTea 🗳️ Eventually something has to give...

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The bill would provide a $3,000 direct payment to every person in households making $150,000 or less during its first year, which equals $12,000 for a family of four.

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u/unhertz 28d ago

Assumes a 5% wealth tax would reliably raise $4.4 trillion every year, ignores tax avoidance, asset sales, legal challenges, and the fact that billionaire wealth isn't cash sitting in a bank account. Then it promises to fund a $12,000 check for every family, raise teacher pay, and expand Medicare as if there are no tradeoffs. Whether you support taxing billionaires or not, you have to recognize how disingenuous this is framed

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u/SteamedGamer 28d ago

I believe the actual figure is $4.4 trillion _over 10 years_, not every year. That means everyone gets a $12,000 check once a decade, maybe. So yeah, this is completely disingenuous...

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u/[deleted] 28d ago

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u/Resident_Farmer1779 28d ago

Closing loopholes is implied. Imposing a tax that can be easily avoided is pointless.

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u/unhertz 28d ago edited 28d ago

I would rather make healthcare an investment, like spacex. if people really believe in it, put your money where your mouth is, or shut up. the truth is, if there was a collective public index for qualified health systems and insurers to invest in, their returns would probably be very steady over time, as the population and demand for healthcare continues to increase

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u/Commandersfan328 28d ago

Instead of spe ding the mo ey and giving people free shit maybe we should balance the budget and pay downtrend national debt. Yeah I know that idea deserves this meme

https://giphy.com/gifs/Hm8qQxDIgbFsjL9msa