anyway, prebate is a made up word - did someone tell you it was an official word?. Someone (on these threads) came up with it to instill the idea that it was a refund paid in advance ...I'm sure if it weren't you would oppose it on that basis too...(eyes rolling)
Yes it is a demogrant. We know that. That is why some people use that word. (eyes rolling again).
It is defined as rebate. Whether you like that definition is another story. But it is defined as a rebate.
It is a rebate 1)because of the definition and 2) because any tax paid on spending below the poverty level is seen as an overpayment and is refunded.
Of course, if necessities were taxed you'd complain that necessities shouldn't be taxed.
No matter what, you'll complain. We all expect that.
anyway, prebate is a made up word - did someone tell you it was an official word?. Someone (on these threads) came up with it to instill the idea that it was a refund paid in advance ...I know it was made up to "instill the idea that it was a refund paid in advance." The problem is that isn't what the FCA is. It is not a refund paid in advance, but that's what the FairTaxers want everyone to believe, so they call it a "prebate." More marketing BS from the FairTaxers.
It is defined as rebate. Whether you like that definition is another story. But it is defined as a rebate.The bill could define it as swiss cheese, that doesn't make it so.
2) because any tax paid on spending below the poverty level is seen as an overpayment and is refunded.But you are giving some people back more than they paid. That's not a refund.
No matter what, you'll complain. We all expect that.And no matter what, you'll obfuscate, misdirect, and mislead. We all expect that.