FT 19.09 Frémont Negative Income Tax Act (Tabled) (user search)
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  FT 19.09 Frémont Negative Income Tax Act (Tabled) (search mode)
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Author Topic: FT 19.09 Frémont Negative Income Tax Act (Tabled)  (Read 492 times)
Unconditional Surrender Truman
Harry S Truman
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« on: March 19, 2021, 08:09:50 PM »
My biggest concern would be how we intend to pay for this. §3 would be an effective increase in anual expenditures of nearly 20%. Does the sponsor have any ideas for new sources of revenue?
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Unconditional Surrender Truman
Harry S Truman
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Posts: 14,139
« Reply #1 on: March 20, 2021, 08:48:25 PM »
I will say I am skeptical as well. While it's important to remember that the hike would only apply to earnings over $200k, it is not something we want to rush into without considering the effects.

It would be useful if we could see the member from Idaho's figures. How many people does he estimate would be eligible for this benefit, both before and after the amendment?
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