Posted
1/25/2008 05:20:00 PM
by Douglas
"The American Republic will endure, until politicians realize they can bribe the people with their own money." What's got me thinking about
de Tocqueville, again? Oh, I don't know what it
could be?Retirees living off Social Security are frustrated that they won't get tax rebate checks through a bipartisan economic stimulus package before the House. Senate Democrats Friday began efforts to include them.
What part of "rebate" don't they understand? To get tax money
back, you first gotta
pay taxes, or so it would seem. Maybe not.
Their plan would give individual taxpayers up to $600 in rebates, working couples $1,200 and those with children an additional $300 per child. The rebates would phase out gradually for individuals whose adjusted gross income exceeds $75,000 and for couples with incomes above $150,000.
So if you make over $150k (as a family) and pay over Thirty Thousand Dollars to the federal government, you don't get dick, yet if you don't pay a dime in taxes, you get $300? The Republic is over, folks.