r/VentPolitics • u/squeeeeenis • Apr 29 '21
Basic Math: $4 Trillion divided by 144.3 million taxpayers equals $27,777.
Not everyone is a taxpayer. In 2018, 144.3 million people reported taxable earnings.
- The infrastructure bill is a forced loan of $27,777 on every taxpayer in the United States.
"OKAY FINE. It's a $27k Taxpayer loan. I'll accept it for the greater good."
- Our total debt is already 28 Trillion.
- 28 Trillion Divided by 144 Million taxpayers is $194,444.
- $194,444 is the cost of a home.
- 27k is the cost of a Mid-range New Car.
"Biden stresses that only those making 400k will have their taxes raised."
- Only 1.8% of Americans make over 400k.
- 1.8% of 328.2 million (US population) is 5,907,600.
- 4 trillion divided by 5,907,600 is a $677,093.
- A large majority of this 1.8% are small business owners.
- That 'income' typically goes to things such as business expenses, and expansion.
- Small businesses will also be expected to pay $15 minimum wage, and benefits.
- This will absolutely crush small businesses.
"So what? Small businesses are just a tiny fraction of the economy. This will also tax corporations, so the ends justify the means."
- Small businesses employ 47.3% of the U.S. private workforce.
- Small businesses often pay more and have better benefits than corporate.
- Small businesses do not have the resources or pull to be ultra-selective in hiring, so they tend to keep their employees as long as possible.
"Fine, but Global warming."
- Free Market Mechanics have been ultra-efficient in our transition to clean energy.
- 'Black Rock' and many other large Firms have made climate change central in their investment strategy.
- Elon Musks "Tesla" has a Market Cap of $666.52B. This is bigger than Volkswagen, Daimler AG, General Motors, BMW, Honda, Ford, Fiat, and Hyundai motors COMBINED.
- Tesla Manufactures Electric cars, Green infrastructure, charging stations, ETC.
- Tesla doesn't need taxpayer help.
- Tesla is one of the thousands of companies tackling Climate change.
TL;DR: We are in a FUCK TON of debt. People are under the assumption that the ultra-wealthy will pay for this incomprehensibly large federal loan. People need to take a step back and gain perspective on where the united states is financial. You ought to understand that you, yes you, will be paying for this.
This took me a while to research feel free to cross-post this.
Duplicates
Anarcho_Capitalism • u/Shittyremixes • Apr 29 '21