How much money would the average American gain, if subsidy and welfare taxes were eliminated? (economy, national debt)

[TheHurricaneKid]

Basically, who loses and who gains when there are subsidies? Should those people lose and the others gain?

[texdav]

Nothing because we can apply it to the national debt. Overtime then we can cut taxes to inflate the economy instead of investing in something that purely consumes.

[TheHurricaneKid]

Originally Posted by texdav

Nothing because we can apply it to the national debt. Overtime then we can cut taxes to inflate the economy instead of investing in something that purely consumes.

I thought the people that are owed most of the national debt are...

...Us.

[BJW50]

Nothing. The gov would just find something else to spend money on

[TheHurricaneKid]

Originally Posted by BJW50

Nothing. The gov would just find something else to spend money on

Edit:

My thread was to discuss what would happen if the middle man (government) stopped being the middle man with subsidy money.

[desertdetroiter]

Most Americans would see no difference at all. Negligible at best savings.

[TheHurricaneKid]

Originally Posted by desertdetroiter

Most Americans would see no difference at all. Negligible at best savings.

Including corporate subsidies such as farm and oil subsidies?

[NJBest]

Depends on where the Americans are. People in states like NJ, CT and NV would gain quite a bit more money since these types of states subsidize the others.

[TheHurricaneKid]

Originally Posted by NJBest

Depends on where the Americans are. People in states like NJ, CT and NV would gain quite a bit more money since these types of states subsidize the others.

Should these states subsidize the others, though?

[NJBest]

Originally Posted by TheHurricaneKid

Should these states subsidize the others, though?

To some extent; to promote growth, yes. Look what we accomplished by propping up Texas for so many years. They've come a long way thanks to subsidiaries from these kinds of states.