"It would be no time at all before the "prebate" would have to be raised because "people can't live on that low amount."
Or it would be no time at all before the realization would be made that the tax rate would go down if the pre-bate was eliminated......
I call it a prebate - I don't know that it's "so-called". Others call it a demogrant, the legislation calls it a rebate. Perhaps the best way for you to think of it is rebate or refund. It's not a government check - it's your money. It's nothing more than a refund of overpaid taxes. Why do you think refunding overpaid taxes is socialism? Isn't it a reduction in tax paid?
Why would you think lowering taxes is socialism? You wouldn't be against the nrst for some other reason that you don't want to share, would you?