the unemployed person doesn't need to produce anything with that dollar, as they paid into the unemployment INSURANCE program while they were working, and will do so again when they regain employment.<quoted text>
What does that unemployed person produce in return for that dollar? Commerce needs production. Basically, that amounts to the government becoming the customer.
This state passed a millionaires tax or luxury tax under Corzine that wiped out the state's boat building business some years back.
Also, the unemployed person produces FAR MORE with that dollar than an extremely wealthy person does. Every dollar of unemployment compensation is cycled into the economy, producing nearly 1.25 in economic activity.
Conversely, the multi millionaire rarely reintroduces that dollar back into the economy, and therefor procured absoloutely nothing. No jobs, no commerce, no benefit to anyone but himself. Also, most millionaires get their income as investment income, which means they produce nothing in return for any of their compensation.
Lastly, as a decent person, I would rather see a family receive my tax dollars to feed and house their children....than watch some billionaire walk away with it when he contributes nothing to American society