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To: baybabe
ope, it’s a tax refund - and it is so described in the bill.

I get the same prebate whether I spend up to the poverty line or not. I could spend less and still get the prebate. How is it a refund if I get more than I paid? My kids didn't pay any sales tax, they get a prebate. LOL!

An entitlement is a different thing

1 a: the state or condition of being entitled : right b: a right to benefits specified especially by law or contract
2: a government program providing benefits to members of a specified group; also : funds supporting or distributed by such a program

Entitlement

Sounds like that describes the prebate.

707 posted on 12/31/2007 2:02:34 PM PST by Toddsterpatriot (What came first, the bad math or the goldbuggery?)
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To: Toddsterpatriot
The fact it’s not an entitlement is only one of the things you don’t grasp.

The FairTax bill describes the prebate as:
“Each qualified family shall be eligible to receive a sales tax rebate each month.” A tax rebate is typically referred to as a reduction in taxation demanded. The prebate is a tax refund as it says in the bill.

An entitlement is something created by a law that must be funded by congressional apportionment action - typically each congressional term.

If your kids live in your home as a family unit, they don’t get a prebate ... you do, considering them as additional kids in your family.

711 posted on 12/31/2007 3:20:38 PM PST by baybabe
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