So I am reading about Bush's economic stimulus package tonight (excellent Friday night reading for those of you wondering), trying to figure out just what our federal brain trust is going to do to help fix a potential recession. The Bush proposal originally called for tax rebates for all taxpayers, amounting to $800 per taxpayer or $1600 for a couple. Don't know the exact amount that would 'tax' the federal budget, but hey, its our money anyway. They should reduce their freaking spending in Washington, but that is a topic for another day.
So back on topic: Now, due to concessions made to House and Senate socialists ( I mean Democrats), the rebate has been trimmed to $600/1200, so that those who don't pay any taxes at all (low income wage earners) can get their share of the pie. So with that being said, let's call this what it is... not a rebate of individual taxation, but a redistribution of national wealth. This is absurdity, but I guess I should expect no less from a government that spends more than it should every day of the year. Teddy Kennedy and his goons have led this change, and I am more embarassed every day that some electorate votes him into office every six years. And add to that the senior retirees who think they should get some of this as well.
http://news.yahoo.com/s/ap/20080125/ap_on_go_co/economy_stimulus
So now this has become the lottery winnings for those who have not contributed to their piece of the pie originally. I am all for the government getting money back to the hands of the people, but give it back to the people who gave it in the damn first place!! And I use the term 'gave' incorrectly. Give it back to the people who the fed gov TOOK it from. And no, I don't believe that we shouldn't pay taxes, but the spending programs that we have in place now would make any business in the world go bankrupt in months, if not days. I am sick and tired of the politicians thinking that the citizens of this country are here to give them what they need to stay in power. Its the exact opposite. And the sad part is that I see myself in the minority of this viewpoint when it really comes down to it. So I guess we will wait with anxious eyes to see what the final package looks like, and when it all gets passed. Not holding my breath though.
2 comments:
I will give you the perspective of someone who has never had the burden of paying taxes. First off thank you for my “rebate”. The reason that most people below the poverty level are giddy about their huge “payday” is the screwed up view of wealth that most Americans have. The ones that don’t pay taxes that are making over about thirty thousand dollars a year have a pretty good deal coming from the government. They, excuse me, we don’t pay income taxes, don’t pay for medical insurance, and receive countless rebates each year as a reward for having less income or even having additional children. The system is obviously broken but we should look more in the direction of the people who voted for any present politicians because when you can live like a rock star making fifty thousand a year with six tax credits, I mean children why would you want any change? I personally can’t wait until I can pay taxes and pay for insurance. The reason that most poor people want socialized health care is so the rich people whom most people are jealous of will be forced to deal with the same senseless, moronic healthcare and the stupid people that they have running the program. If you want to see the saddest part of the state of America, look at the statistics of what people will spend their $800 dollar credits on. I promise you for most it will not be a bill payment or an $800 item, it will be a $2000 T.V. or a $50,000 Car.
I'm taking my $600 straight to Bed, Bath, and Beyond for a shopping spree. I LOVE THAT STORE! OMG!
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