Votto
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- Oct 31, 2012
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A Last-Minute Add to Stimulus Bill Could Restrict State Tax Cuts (msn.com)
If Chairman Xiden had divided up the $2 trillion in Covid aid amongst every man, woman, and child in the nation, everyone could have received about $6,800 a piece. But as it stands, you are lucky to get $1,400 in money, assuming you don't make too much. After all, everyone has hurt during this time. But politics is about greasing the wheels of political power, which means bailing out democrat states who can't balance a budget, and giving money to illegal aliens and people behind bars, etc.
But to add insult to injury, if states want to give a tax cut then the Federal government will withdraw money from them, to ensure that not only federal tax rates go up, but state tax rates as well.
Think of it, you give money out to hurting people and then take it back with taxes.
Chairman Xi must be proud of his mini me.
If Chairman Xiden had divided up the $2 trillion in Covid aid amongst every man, woman, and child in the nation, everyone could have received about $6,800 a piece. But as it stands, you are lucky to get $1,400 in money, assuming you don't make too much. After all, everyone has hurt during this time. But politics is about greasing the wheels of political power, which means bailing out democrat states who can't balance a budget, and giving money to illegal aliens and people behind bars, etc.
But to add insult to injury, if states want to give a tax cut then the Federal government will withdraw money from them, to ensure that not only federal tax rates go up, but state tax rates as well.
Think of it, you give money out to hurting people and then take it back with taxes.
Chairman Xi must be proud of his mini me.