Thursday, January 24, 2008

Scratching My Head

I just read an article on Yahoo news entitled Tax Rebates Deal Announced. The following statements left me a bit puzzled:

"Republicans, for their part, were pleased that the bulk of the rebates — more than 70 percent, according to an analysis by Congress' Joint Tax Committee — would go to individuals who pay taxes."

"Workers who make at least $3,000 but don't pay taxes would get $300 rebates."

Why would you get a tax rebate if you didn't pay any taxes?

They are estimating $28 BILLION dollars in "rebates" to individuals. 30% of this is... $8.4 Billion dollars (8,400,000,000) is being paid out to people who never paid taxes to begin with.



Jane said...

uh, yeah. I guess words don't really mean when they're spoken inside the beltway.

The Rebellious Pastor's Wife said...

Hey, its not like I'm going to return the envelope to sender or anything though.... :)

Uvulapie said...

Us neither... last night we Indian leg wrestled to determine where the money would be spent. She won so I guess that set of Chia Pets of the Nations will have to wait.