$1.50/week = $78/yr 126M employed Americans * $78 = $9.8B/yr 3M workers getting $1,000 bonuses = $3B once Tax bill borrows $147B/yr $147B could give all employed Americans $1,000 every year, with $21B left over If helping workers was the goal, there's more efficient ways to do it
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Any increase in take home pay is nice, esp. for households living check-to-check And who doesn't like a bonus? But to use this to defend the tax bill requires assuming no trade offs That borrowing $147B/yr is costless That it won't lead to benefit cuts that swamp any pay increase
8:04 AM - 4 Feb 2018
from Boston, MA
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