What a fallacy. I've already "paid" for it, I'd just be getting some of the thousands that I already paid in back.
You don't have to pay for tax cuts, all it simply takes is for Uncle Sam to take his hand out of my pocket. I'm also completely convinced that I can spend my money better than the Feds can.
Money returned to you is theoretically money the government can't spend on something else. So a fiscally responsible government would reduce spending elsewhere in order to turn that money over to you. Nobody's talking about doing that.
Sort of, but since it bears no proportion to the amount you've paid (discounting the people who pay less than $800 in taxes) it's more like a form of redistribution. The government's running deficits already, meaning this will just increase the debt. Ultimately it will have to be paid off, and the taxes used to pay for it will be in proportion to income.
So effectively it just makes the income tax even more "progressive."
No kidding. I'm paying about $3,500 per month in federal income taxes. That doesn't count what my wife is paying.
No, its true--100 billion more in debt. Our indebtedness may cause a collapse of the dollar.