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re: Andrew Yang wants Thorium Reactors by 2027

Posted on 11/16/19 at 8:30 pm to
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
135222 posts
Posted on 11/16/19 at 8:30 pm to
I just don't understand the point of charging people more money so they can get a check every month.
Posted by Sneaky__Sally
Member since Jul 2015
12364 posts
Posted on 11/16/19 at 8:41 pm to
Ge largely plans to pay for it with a value added tax (as well as decreased costs in other programs) coupled with increased economic activity through the people using the money and getting taxed on it.

So, the buying power of 92% (I think that is the figure) of americans will increase even with the implementation of the value added tax - which is a way to collect tax on companies like amazon, etc. Who are able to show minimal profits despite huge value and production.

One way I think about it is that these companies dont employ the same number of people as big companies did 50 years ago and a lot of positions are 1099 / gog work without benefits. So we need to evolve in the way our tax system work to account for today's world. And giving that money directly to the people is a better use than bigger govt or increased bureaucracy.
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