Direct cash transfers to low income earners are exactly what America needs. Inequality is at record levels, because the whole economic and justice system is ridiculously rigged.
The EITC helped 28 million families at an estimated net cost of 17% of $70 billion - 12 billion dollars [0]. That's quite a bit less than the at least 18 billion easily recoupable, as mentioned.
If the EITC is abused, then by all means fund the IRS so they can fight the abuse (which they seem to be doing already).
And again - it helped 28 million families, rather than some oily tax accountant, offshore goons, and private jet company shareholders. I'd like to see America start punching up instead of down - it's really the countries only hope of being somewhere worth raising children in.
The EITC helped 28 million families at an estimated net cost of 17% of $70 billion - 12 billion dollars [0]. That's quite a bit less than the at least 18 billion easily recoupable, as mentioned.
If the EITC is abused, then by all means fund the IRS so they can fight the abuse (which they seem to be doing already).
And again - it helped 28 million families, rather than some oily tax accountant, offshore goons, and private jet company shareholders. I'd like to see America start punching up instead of down - it's really the countries only hope of being somewhere worth raising children in.
[0] https://www.pgpf.org/budget-basics/what-is-the-earned-income...