I’ll quickly weigh in on this strictly for the record.
$300 or $600 or $1200 or whatever tax rebate checks are not any sort of solution for any sort of economic situation. They aren’t part of “fixing” whatever different sorts of folks claim is wrong with the economy. They aren’t really going to change anything.
However, they are giving tax money back to Americans, and therefore they’re undeniably good.
I’m disturbed about the fact that some people who don’t pay taxes are getting rebate checks. That, my friends, is Wrong. Those folks, and I’m not making any sort of statement about them other than they don’t pay taxes yet are getting rebate checks, are getting free money from taxpayers. The same taxpayers who are getting smaller rebates than the President originally called for. Like I said, it’s disturbing.
What makes it even weirder, to me personally, is that (if I understand correctly) my family will not get a rebate for my wife’s contribution, because my wife doesn’t work.
Now, I wouldn’t normally expect my wife to get a tax rebate (because she pays no taxes) if everyone else who paid no taxes was also not getting a tax rebate. But 35 million people who paid no taxes are getting some of their tax money back. Oops…They’re getting my tax money back. Except for my wife, though. She doesn’t get her own tax money, my tax money, or anyone else’s tax money.
Some Democrats are upset that unemployment benefits weren’t extended or that Food Stamp benefits weren’t increased. You can mock this rebate plan however you want, but it’s basically a quick way to get tax money away from the government and back into the hands of the people. It’s just that the Democrats see it as merely another wealth redistribution plan, not a way to cut the tax burden. Call it the Robin Hood Rebate. And we’ve seen how all the other wealth redistribution plans have worked so far. The party that vowed to bring fiscal responsibility back to government is refunding money never collected. Nice.
Businesses are getting some tax breaks, which is good. Tax breaks/reductions are where real change can come from. No doubt this isn’t nearly enough, of course, but maybe they can give someone else some of my tax money (well, someone else besides my wife, at least) and try to keep glossing the tax rates over a bit longer.