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by newhotelowner
2280 days ago
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> The fed is buying debt right and left, and the government surely doesn't want to borrow money and remove that liquidity. That's why the tax cut was a bad idea. It should have been a tax increase. We should be saving more in good times so that we have enough for the downturn. If we had a safety net - like UBI, we wouldn't be spending 2 trillion. Its time for UBI & some wealth distribution for proper prosperity and growth. I paid $14 in federal taxes for every $100 I made in 2019. I am in top 1% earners in my state and nationwide. That is just ridiculous. |
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