To: Man50D
I stated there will be no tax on necessities up to the poverty level.Which is wrong.
You will still have to pay the tax to get the item out of the store.
If a check comes later to refund that tax, it does not mean you did not have to pay it.
Just try getting out the door without doing so!
108 posted on
04/21/2009 2:25:17 AM PDT by
Smokin' Joe
(How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
To: Smokin' Joe
Which is wrong.
No, it's spot on. To quote the bill:
"`SEC. 303. MONTHLY POVERTY LEVEL.
`(a) In General- The monthly poverty level for any particular month shall be one-twelfth of the `annual poverty level.' For purposes of this section the `annual poverty level' shall be the sum of--
`(1) the annual level determined by the Department of Health and Human Services poverty guidelines required by sections 652 and 673(2) of the Omnibus Reconciliation Act of 1981 for a particular family size, and
`(2) in case of families that include a married couple, the `annual marriage penalty elimination amount'.
`(b) Annual Marriage Penalty Elimination Amount- The annual marriage penalty elimination amount shall be the amount that is--
`(1) the amount that is two times the annual level determined by the Department of Health and Human Services poverty guidelines required by sections 652 and 673(2) of the Omnibus Reconciliation Act of 1981 for a family of one, less
`(2) the annual level determined by the Department of Health and Human Services poverty guidelines required by sections 652 and 673(2) of the Omnibus Reconciliation Act of 1981 for a family of two.
You will still have to pay the tax to get the item out of the store.
If a check comes later to refund that tax, it does not mean you did not have to pay it.
Just try getting out the door without doing so!
No kidding. People will be reimbursed before they pay the tax, hence the term "prebate". It's amazing how you continue to make inane statements that clearly show you know nothing about the bill. Your arguments grow weaker with each post.
117 posted on
04/21/2009 4:18:25 AM PDT by
Man50D
(Fair Tax, you earn it, you keep it!)
To: Smokin' Joe
If a check comes later to refund that tax, it does not mean you did not have to pay it.You get the prebate before you spend the money. It would be added to your paycheck if you work, or your social security payment if retired. That is why its called a prebate and not a rebate.
You are free to spend your entire prebate on booze and cigarettes if you wish.
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