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To: Your Nightmare
The only value the rebate has is for eventual consumption ...

Wrong. The value of the rebate is to ensure that necessity level spending is not taxed. Here's an example.

Suppose a family of four has necessities that cost them 26,400.

When they buy those necessites, 23% will be tax. Hence 6072 of that 26400 is tax. (23% of 26400=6072).

Golly! the nrst rebate for family of four is..... 6072! Wow!

But necessities should be tax free- so the rebate is paid in advance. Nothing hard about that.

602 posted on 10/23/2006 3:41:48 PM PDT by Principled
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To: Principled
"Nothing hard about that. "

Oh, but there is when you have an agenda that requires misstating as much as possible.

I'm still waiting for the opponents to acknowledge that non-educational gross government wages are taxed at 23%,

603 posted on 10/23/2006 3:53:54 PM PDT by pigdog
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To: Principled
Suppose a family of four has necessities that cost them 26,400. When they buy those necessites, 23% will be tax. Hence 6072 of that 26400 is tax. (23% of 26400=6072).
If their necessities cost $26,400, they weren't met because they only got $20,328 worth of stuff. Looks like they need to spend their prebate to try and get some more of their necessities (but they still won't make it).
614 posted on 10/23/2006 5:49:20 PM PDT by Your Nightmare
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To: Principled

Naw, the guy will go out and buy Ripple, or Old Crow with the prebate.


619 posted on 10/23/2006 6:18:57 PM PDT by GregoryFul (There's no truth in the New York Times)
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