Businesses wouldn’t employ anyone if they didn’t have to.
Once you realize this is true, you understand that throwing money at businesses to employ people, then using income tax to fund the government is a stupid way of doing things.
Assume that businesses will employ nobody, then tax them directly using a tax brackets system that gives small business an incentive (and reduce barriers to entry for new business). Cap expenses relating to intellectual property so that income can’t be trivially moved into tax havens. Reduce income tax, increase the minimum wage, increase unemployment benefits and be nicer about it.
Watch the economy recover.
Then fund schools, police, public transport and health care properly. Invest in community and infrastructure. Teach the next generation to be entrepreneurs, not drones.
Watch the economy recover faster.
The poorest people are the engines of the economy, not the richest.
