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Reply #105: I understand its Regressive - but we could easily rebate the tax to the poor [View All]

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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-18-09 06:31 PM
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105. I understand its Regressive - but we could easily rebate the tax to the poor
Edited on Sat Jul-18-09 06:32 PM by ThomWV
It would be no problem at all to rebate the tax to the poor and even let the rebate be progressive up to the middle class, you know, rebate it all up to some income level, lets say $40,000, and then progressively remove the rebate until you hit say $60 grand and no rebate after that. Something like how the earned income credit works now.

I'm just suggesting this because in the end the money has to come from somewhere and I don't see anyone talking about where. Give me a better way, all I want to see is that it is universal. I don't want to see a burden on the truly poor and I do not want to allow a free ride to those rich enough to find a way to avoid paying. Every person in the nation is going to benefit from this, let's make sure that the vast majority of us, with only the poor and near poor expempted, pay for it.
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