It’s a discount coupon good towards the purchase of the converter box. It isn’t a check or a rebate. It also has an expiration date, and the supply is limited.
There is no “transfer of wealth”.
A most bizarre conclusion. Do you not think SOMEONE has reaped the benefit of the 1.5 billion dollars appropriated by Congress for this?
If you can buy something worth $250 for only $100 hand Uncle Sam picks up the other $150 do you not see the transfer of wealth? You get to keep $150, and the converter manufacturer makes a sale that he otherwise might not have. Everybody makes out, except me. I get the bill. I'm the guy on the other end of the wealth transfer, so don't try to tell me it isn't taking place.
John Q. Taxpayer.