> > > > > OK, so now the stimulus package will be given only to "to more than
> > > > > 100 million low- and middle-income households, 20 million senior
> > > > > citizens living off of Social Security and 250,000 disabled veterans."
> > > > > So we will use fancy words like "rebate" despite the likelihood that a
> > > > > good portion of the above didn't pay that amount annually in taxes,
> > > > > while those who provided most of the money, get no rebate.
> > > > > You know, progressive tax rates really don't bother me, and phase outs
> > > > > of items like the child tax credits are mildly annoying, but this
> > > > > really bothers me. ?This is just a wealth transfer.
> > > > > Jon
> > > > So a single person who makes around 65-70,000 a year is considered
> > > > "welfare status??" (PS--And they pay roughly $8000 to $9000 in taxes
> > > > yearly.)
> > > Under this plan if you make more than $150,000 the rebate phases out
> > > even though you paid tens of thousands in federal income tax. ?But if
> > > you make as little as $3,000 you get a rebate check, even though it is
> > > pretty likely you paid nothing.
> > > The definition of "rebate" is "a return of part of the original
> > > payment for some service or merchandise; partial refund." ?How can you
> > > get a return of something that you didn't actually pay? ?So what you
> > > end up with is another transfer from the wealthy to the poor with the
> > > government in between. ?So it is basically another form of welfare.
> > > And I know that some of this is already built into our tax system,
> > > like the use of progressive tax rates. ?And that is OK with me.
> > > And I'm not ***ing because I make more than $150,000...because I
> > > don't. ?I'm ***ing because this entire plan is stupid...the country
> > > is taking out another advance on its credit card. ?And I'm ***ing
> > > because they keep labelling it something it isn't.
> > > Jon- Hide quoted text -
> > > - Show quoted text -
> > So your *** is with the label of it--I give you that. ?Maybe it is
> > "welfare," who knows? All I know is...sure, I can use it, and no, I
> > won't be buying scratch off lottery tickets. I don't buy lottery
> > tickets. ?They probably figure the couple making 6 figures doesn't
> > really need it.
> My main *** is also about how we are going to pay for it. ?By
> essentially taking out another collective loan.
> And Peach, while I understand that you could use it, do you really
> need it?
> Jon- Hide quoted text -
> - Show quoted text -
Depends on how you define need. I don't really need it to survive.
People in that position won't get a rebate in the first place, right?
They aren't even filing. (If I'm understanding it correctly.) I need
to be able to buy tickets to go to Tempe for Anna's spelling bee. I'm
having trouble swinging the whole trip without using a credit card,
which I hate to do. Others might see taking my daughter to regionals
as a luxury... either way, the "rebate" won't come back in time