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DU Home » Latest Threads » Forums & Groups » Topics » Activism » Socialist Progressives (Group) » A $1,000 per month cash h... » Reply #3

Response to wasupaloopa (Reply #2)

Sat Sep 2, 2017, 09:48 AM

3. $2.5 trillion added to GDP generates the revenue!

The point is:

"When paying for the policy by increasing taxes on households rather than paying for the policy with debt, the policy is not expansionary," the report says. "In effect, it is giving to households with one hand what it is taking away with the other. There is no net effect."

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