Giving money to ordinary people (UBI) promotes economic activity because they spend it on housing, food and daily necessities.
Giving money to the wealthy (tax cuts) does not promote economic activity because they hide it in Swiss bank accounts.
This is something many wealthy people don't understand
What kind of monster are you to expect us to tax billionaires? How will they own fleets of jets and yachts?
Have you stopped to consider how much private schooling, nannies, maids, and 10 houses costs?
I hope this made you smile a bit. Cheers!
Comments
Giving money to the wealthy (tax cuts) does not promote economic activity because they hide it in Swiss bank accounts.
This is something many wealthy people don't understand
https://bsky.app/profile/scottsantens.com/post/3lbctsxrxts2c
Have you stopped to consider how much private schooling, nannies, maids, and 10 houses costs?
I hope this made you smile a bit. Cheers!