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To: kingu

The thing you call “a monthly check” ...

It is the amount that will be spent on taxes for necessity level spending... ie it is a refund of taxes to be paid. Specifically, it is 23% of the poverty level of spending.

Now, you may argue with its calculation mechanism, but it isn’t socialism - you’ve got it backwards. A flat tax isn’t socialistic, a heavy, progressive income tax, however, is socialistic.

Do you call today’s standard deduction or child credit socialism?


5 posted on 05/19/2008 1:28:49 PM PDT by Principled (Vaporize the "Divide and Conquer" taxes - Have everyone pay the same marginal rate!. NRST!)
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To: Principled
It is the amount that will be spent on taxes for necessity level spending... ie it is a refund of taxes to be paid. Specifically, it is 23% of the poverty level of spending.

Actually its a vote buying gimmick.

6 posted on 05/19/2008 5:45:44 PM PDT by lucysmom
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