What does 1.2 trillion dollars buy?
Heh. If we really wanted to create new jobs, 1.2 trillion dollars could fund a tax holiday for two and a half years and create 2.8 million jobs—and that estimate is based on real-world observations.
Hat tip to Hot Air.
- What Else Can We Get For Our $1.2 Trillion?
- “Excusing employers from paying this tax would cost an estimated $455 billion per year (ignoring the growth effect of removing hiring disincentives). With $1.173 trillion to play with, you could fund a payroll tax holiday for more than 2.5 years.”
- A Payroll Tax Holiday
- “Alternately… To mollify the public (Hey, why are my employers getting a tax cut and I’m not?!!), one could give employers and employees both a half reduction for 2 1/2 years. Or both a full, complete holiday for 1.25 years.”
More crisifying
- COVID Lessons: Journalistic Delusions and the Madness of Politicians
- COVID-19 was real. The crisis surrounding it was entirely manufactured. Everything we did took a manageable disease and turned it into a killer. And the very worst was believing a media we knew was lying.
- COVID Lessons: Don’t trust socialists
- Our response made the virus worse. We trusted self-styled experts, failed models, socialists, and the media over what we could see with our own eyes.
- Deadly Perfection
- Whenever the left wants to devalue someone’s life, they call it economics.
- Can the president take responsibility for market rises?
- If the president gets blamed when the market falls, can he take credit when it rises?
- Crisis quote of the day
- Congress: if you aren’t willing to go broke, we’ll go broke for you.
- Three more pages with the topic crisifying, and other related pages
More taxes
- Growth does not pay for itself
- Growth that doesn’t pay for itself is cancerous growth. It isn’t the growth of population that gets more expensive, but the expanding grasp of government.
- Tax me to the church on time
- The left wants to take the policies that are consolidating small businesses into larger ones, and use them to consolidate small churches into larger ones. They want to leverage milker bills and rent-seeking in religion.
- How did Donald Trump qualify for a middle-class tax break?
- Trump qualifies for tax breaks because we have a complex tax system that encourages anyone who can afford to, to hire tax lawyers. Big government needs a complex tax system to survive.
- Income tax vs. national sales tax
- There is no such thing as a fair tax. All we can do is try for the simplest, most unobstructive tax we can find.
- Twelve cookies on a plate
- There are twelve cookies on a plate. The left says that they can feed the poor by taking that rich guy’s cookies away, and leaving yours alone.
- 26 more pages with the topic taxes, and other related pages