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DanieRains

(4,619 posts)
Wed Mar 10, 2021, 05:06 PM Mar 2021

"But How Are They Gonna Pay For It" Will Be All We Hear About Covid Relief - Answers

1. Same way we will pay for the $8 Trillion Trump borrowed to prop up his disaster.

2. We make the 1% pay taxes at the same rate working people do.

3. Ask the billionaires who are sitting on $50 Trillion in wealth, and don't pay diddly in taxes.

Just be ready.

That's right. We tax wealth, not just wages. Problem solved!!!

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"But How Are They Gonna Pay For It" Will Be All We Hear About Covid Relief - Answers (Original Post) DanieRains Mar 2021 OP
A lot of that wealth should have been Phoenix61 Mar 2021 #1
If we just reverse the $1.9B Trump tax cuts for the wealthy, don't we create a "wash"? nt Atticus Mar 2021 #2
My suggestion SoCalNative Mar 2021 #3
Or "The Covid Relief will pay for itself" Resistance1 Mar 2021 #4
I have no doubt it will pay for itself. As will an infrastructure bill. Midnight Writer Mar 2021 #10
100% agree Resistance1 Mar 2021 #11
I like Liz Warrens tax on the rich idea...imagine that.. asiliveandbreathe Mar 2021 #5
Rescind trumpanzee's tax cut of $2 trillion dollars. Problem solved. SoonerPride Mar 2021 #6
My standard answer to that question is Mr.Bill Mar 2021 #7
Just give them a dose of their GOP Serpent Lubricant: "It'll pay for itself with increased growth." sop Mar 2021 #8
Tax and tax Tomconroy Mar 2021 #9

Phoenix61

(17,018 posts)
1. A lot of that wealth should have been
Wed Mar 10, 2021, 05:10 PM
Mar 2021

paid in wages and would have been taxed then. Think Walmart, Amazon, Lyft Uber etc

Resistance1

(103 posts)
4. Or "The Covid Relief will pay for itself"
Wed Mar 10, 2021, 05:18 PM
Mar 2021

It will stimulate the economy and generate enough growth and tax revenue. Call it trickle up!

Midnight Writer

(21,792 posts)
10. I have no doubt it will pay for itself. As will an infrastructure bill.
Wed Mar 10, 2021, 05:40 PM
Mar 2021

I see these programs as investments that will increase our country's value.

The Party representing the already wealthy shouldn't complain. It will increase their wealth more than anybody's.

Targeted, widespread spending stimulates our economy far more than tax cuts of equal value.

asiliveandbreathe

(8,203 posts)
5. I like Liz Warrens tax on the rich idea...imagine that..
Wed Mar 10, 2021, 05:18 PM
Mar 2021

the ultrawealthy ..could bring in billions in revenue...

Pays a 2% tax on the $950 million between $50 million and $1 billion, and a 6% tax on the remaining $19 billion,..sweet!!! Let's get it done..(I understand this proposal is also on Sanders website)..

Mr.Bill

(24,317 posts)
7. My standard answer to that question is
Wed Mar 10, 2021, 05:21 PM
Mar 2021

"By taxing the living shit out of people who have so much money they wouldn't even notice if you took half of it away from them."

sop

(10,239 posts)
8. Just give them a dose of their GOP Serpent Lubricant: "It'll pay for itself with increased growth."
Wed Mar 10, 2021, 05:24 PM
Mar 2021
 

Tomconroy

(7,611 posts)
9. Tax and tax
Wed Mar 10, 2021, 05:28 PM
Mar 2021

As Harry Hopkins, the great aide to FDR, once said: We will tax and tax, and spend and spend, and elect and elect.

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