View Single Post
Old 10-09-2020, 08:25 PM   #78
Descant
Senior Member
 
Join Date: Mar 2006
Location: Merrimack and Welch Island
Posts: 4,033
Thanks: 1,211
Thanked 1,511 Times in 983 Posts
Default stimulus intent

Quote:
Originally Posted by Biggd View Post
I'm just as happy as everyone else that has money in the markets but it's a false sense of security. Not everone has a 401K or a retirement account and many people are living pay check to pay check. Those are the people that need help, not the people that have the most already. Most of the tax breaks have made the wealthy wealthier but haven't done much for the average person short of a few extra dollars in their pay check. Small businesses and their employees are struggling while people that own big companies are grabbing the stimulas money and buying new boats and new cars with it.[emoji34] I'm probably in the minority here but I would be willing to pay a higher income tax rate to see lower skilled workers make a livable wage.
The intent of stimulus money is to help people buy things in a consumer economy. If Congress is giving stimulus to the wrong people, we need new people in Congress.
Descant is offline  
The Following 2 Users Say Thank You to Descant For This Useful Post: