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The age group, beginning at 55 plus years, are currently responsible for approximately 40% of consumer spending in our economy. Baby Boomers are the largest homogeneous population, within that group of consumers, and would be the more logical and, idea tax cut recipients. A 10%, $25,000 Baby Boomers’ Consumer Tax Cut, which will drop approximately $254,000,000 a day into our economy, is half of the $529 million a day Families with Children Tax Cut. The Boomers’ Consumer Tax Cut was designed to begin in 2021. Because of that start date, the Biden-Harris administration can exercise some flex...
They want them “mean tested,” and work requirements applied. In objecting to Families with Children, as recipients; are Republicans, and Senator Manchin, also objecting to the confirmed principle, of consumer spending, as a means to grow back lost jobs, and pull us out of this Downturn? Even “a college graduate,” can understand this, if you give a tax cut to the 70% (the consumer), who is powering your economy, you are going to get a burst of growth, and job creation through “NEW” spending, by the 70% (the consumer), who is powering, and growing your economy, as the Tax Cut to Fami...
They want them “mean tested,” and work requirements applied. In objecting to Families with Children, as recipients; are Republicans, and Senator Manchin, also objecting to the confirmed principle, of consumer spending, as a means to grow back lost jobs, and pull us out of this Downturn? Even “a college graduate,” can understand this, if you give a tax cut to the 70% (the consumer), who is powering your economy, you are going to get a burst of growth, and job creation through “NEW” spending, by the 70% (the consumer), who is powering, and growing your economy, as the Tax Cut to Fami...
Democrats have to show Democracy and Capitalism works for American workers, including Black Americans. Mr. Biden, and indeed Vice President Harris, and others in his administration are purveyors of this odious policy, and they undermine the principles of Democracy, and justice, with this scheme.