What is wrong with borrowing money from you to help the unfortunate?
It is not Socialism, don’t let anybody mislead you folks. In this time and era, seeing our economy plunge there is only one way out. When even the big and rich corporates are going bankruptcy there will be no hope for small businesses and middle class life. It is a fact. So, I don’t think there is anything wrong to bail out the poor first, so they can have a chance to start their life too. This is how small businesses start, borrowing a loan either from a bank or credit union. The only difference is, this time this small business starters will get that money from the Fed, by taxing the MULTI-BILLION DOLLAR corporates to fund small businesses. Everyone is a winner.
What do you think?
The International Rescue Committee already offers such a program, and it is so effective that it helps refugees start their own businesses.
This question is a question regarding corporate taxation, not personal taxation to fund others.
Don’t get it mixed it up.
The collapsing economy and banking system should be reason alone for the super rich to be scared that they may become one of the poor themselves, and stop worrying about how many millions they can make.
P.S To Boomer, the government already taxes you and businesses. The government already takes money so what is your point? Don’t take more from those who’d never miss it? OK Than ask for a bill to be passed that no one pays taxes at all and see what happens. The lower your wages the less you should pay. And if you earn less than $25,000 a year you should not pay a dime at all.
ITS NOT THE GOVERNMENTS ROLE TO TAKE MY MONEY AND RE-DISTRIBUTE IT!
IT DOESN’T HAVE THE RIGHT TO DO IT, AND IT’S NOT "BORROWING" IT’S TAKING.