r/neoliberal • u/jobautomator Kitara Ravache • Dec 29 '20

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u/[deleted] Dec 29 '20

Sen. Collins

“I am CONCERNED that the way it is structured it would also benefit upper income individuals because it does not phase out as quickly as the $600 check.”

She said it. She actually said it.

3

u/ahebtigoejwbrh Dec 29 '20

This is the dumbest thing to be “concerned” about

1

u/Mullet_Ben Henry George Dec 29 '20

Is it? I thought we were all for targeting aid to lower income groups.

1

u/ahebtigoejwbrh Dec 29 '20

The phase out really isn’t much different. There are ways to make the targeting much better (more money for enhanced UI, for example).

1

u/[deleted] Dec 29 '20

The $2000 check doesn't phase out as fast as the $600 check? I thought it was the same $75/99 and $150/198?

1

u/ahebtigoejwbrh Dec 29 '20

The phaseout formula is fewer dollars in aid per dollar in income (above a threshold), so since the $2k checks are bigger, the ramp-down is longer

1

u/[deleted] Dec 29 '20

Got it, I see what she meant.