A 1.5% annual stock dilution tax on corporations with revenue over $100M would raise over $1.4 trillion a year — enough to send every American about $365 a month, automatically.
Personally, I’d like to abolish the stock market altogether. But this is an attractive, actionable policy
$1.4 trillion injected to a consumer base would cause mass inflation. We’ve already seen this with the “stimulus” checks. Money isn’t real; the resources would have to be there in the first place. If they aren’t, it will just cause an increase in demand without the actual supply, thus raising prices.
the problem there is it was money out of thin air. If taxes had been increase and we did not run with debt inflation would not be an issue. money gets put in and taken out.
This is the study you may be referencing to. It does not say what you think it does and instead puts the half the blame on Federal government spending. It does not break out this as just the stimulus sent to the average person.
“the authors find that world import price inflation was mostly driven by global forces rather than country-specific supply shortages or demand surges.”
$1.4 trillion injected to a consumer base would cause mass inflation. We’ve already seen this with the “stimulus” checks. Money isn’t real; the resources would have to be there in the first place. If they aren’t, it will just cause an increase in demand without the actual supply, thus raising prices.
the problem there is it was money out of thin air. If taxes had been increase and we did not run with debt inflation would not be an issue. money gets put in and taken out.
https://mitsloan.mit.edu/ideas-made-to-matter/federal-spending-was-responsible-2022-spike-inflation-research-shows
This is the study you may be referencing to. It does not say what you think it does and instead puts the half the blame on Federal government spending. It does not break out this as just the stimulus sent to the average person.
https://www.bls.gov/opub/mlr/2024/beyond-bls/stimulus-checks-world-events-or-import-shortages-what-causes-import-inflation.htm
Here we see an entirely different conclusion.
“the authors find that world import price inflation was mostly driven by global forces rather than country-specific supply shortages or demand surges.”