Trump’s suspension of payroll tax: righting a socialist evil imposed by democrat leaders

The death rate is down substantially.

Basic math, 665,000/105,000 vs 129,000/330,000,000.

We still have no vaccine and once people go on a ventilator they only have about a 20% chance of survival no matter how much medicine has advanced.

There is still very little that can be done with respect to successful treating newly emergent respiratory viruses for which we have few if any effective treatments and no vaccine.

No matter who occupies the WH we cannot simply wish a pandemic away.

We also cannot put the country under lockdown without risking far greater suffering and death.

We know who is vulnerable and at highest risk of serious/critical disease or death, sequester/quarantine them for the duration and let the rest of us go on living our lives. The only way this outbreak comes to an end is when we reach herd immunity and that can only happen if we get somewhere between 45%-80% of the population exposed and developing antibodies.

Anything else just guarantees that we drag out the inevitable.

Yet the mitigations are the same and the virus still has to run its course.

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Cutting taxes and increasing spending

what could go wrong.

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What happens to federal revenues and spending in a deep recession or depression?

I completely disagree with a payroll tax cut. I like the House Dem plan.

By the way, I’m serious.

We should have just gone with my original plan to give every head of household in the US a check for 30k.

It would have been cheaper and accomplish more.

16th Amendment:

The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration.

Employment wages are income, period. No court in the land has ever bought or ever will buy the argument about wages not being income.

There is only one direct tax that would be subject to apportionment and that would be a tax on wealth or real property. The Federal Government never taxes wealth or real property directly, only the income streams associated with wealth and real property.

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Oh I don’t know, something that gave at least average market returns and actually belonged to you and your heirs?

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Safiel,

What does your post have to do with the OP? Why infect the conversation with Sixteenth Amendment propaganda which has nothing to do with the OP?

Seems as though the mere thought of suspending the notoriously evil direct tax upon the property which wage earners earn by the sweat of their labor has touched a nerve with you. Why?

JWK

“The property which every man has in his own labor, as it is the original foundation of all other property, so it is the most sacred and inviolable. The patrimony of the poor man lies in the strength and dexterity of his own hands; and to hinder him from employing this strength and dexterity in what manner he thinks proper, without injury to his neighbor, is a plain violation of this most sacred property.” ___ Butchers’ Union Co. v. Crescent City Co., 111 U.S. 746 (1884)

They would have gone through it like ■■■■ through a goose and demanded more. The $600 a month plus up is huge and goes down as people go back to work.

They need to give employers liability protection if they meet some kind level of protection.

It took two years and a third of the world population dead to do it.

We haven’t been able get the rate of infection under control.

There may have been advances made in treatment over the past few months but if we continue on the trajectory that we are on… none of those advances will make a difference.

The whole point is that people spend the money, that’s what keeps the economy moving in the right direction.

As it is we’ve spent far more and much of it isn’t even traceable and there has already been evidence of gross negligence, fraud, and abuse with some of the million plus dollar payouts to businesses. It may take years to track them all down even if we assume someone will actually be trying to do so.

And…?

Right, which is why I don’t agree with $30k lump sums.

That of course makes zero sense, the are distinctly different issues.

How do you figure we spent more?

I did the math during Obama’s administration.

His 787bn, a fraction of what we’re spending on this was even more.

I certainly haven’t received anywhere near $30k.

Neither are any other individuals. Follow along, the big payouts went to businesses, not to individuals.