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.
WWPRD?
3 comments:
uh, yeah. I guess words don't really mean when they're spoken inside the beltway.
Hey, its not like I'm going to return the envelope to sender or anything though.... :)
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.
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