This is the craziest stimulus plan yet, but it would get you a $3,000 check

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Andy Meek

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  • Congress still has yet to enact a new coronavirus relief proposal that includes funding which would provide most Americans with a new stimulus check.
  • A new proposal calls for taxing the pandemic profits of America's billionaires, and using that to fund new stimulus checks.
  • This proposal says those profits could fund $3,000 stimulus checks for every American.

Even though Congress has been unsuccessful so far in cobbling together a compromise coronavirus relief proposal that would, among other things, fund a new round of desperately needed stimulus checks for millions of Americans -- well, that's not to say there hasn't been a surplus of stimulus ideas that have been bandied about in the interim.

Ideas for how Congress could fund a bill that would provide a new stimulus check to ordinary Americans hurt by the pandemic have come from both inside and outside the government. They've included solutions that closely mirror the $2.2 trillion CARES Act that Congress passed back in March, as well as creative schemes like one from billionaire Mark Cuban that would provide most Americans with a check that they'd be required to spend immediately. Speaking of billionaires, though, there's one thing that hasn't been tried yet or talked about as a candidate for legislative action -- taxing the super-rich.

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This is the craziest stimulus plan yet, but it would get you a $3,000 check originally appeared on BGR.com on Fri, 11 Dec 2020 at 14:58:56 EDT. Please see our terms for use of feeds.

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