The rebate racket

For person surprise, a large part of the debate on President George W. Bush ’s “tax cut” Centre for proposals on “equity”. On the one hand, proponents argue that the profits fall excessively low tax on people who pay the most taxes - and this happens, those who have the highest income (surprise, surprise). On the other side of the opponent explain that cutting taxes by reducing marginal tax rate is inherently unfair, just because high-income taxpayers get greater dollar reductions in low-income families.

Never fear, William Raspberry wrote in the “Washington Post”. Fair play is just around the corner with a new “tax” proposal Rep. Bernie Sanders of Vermont. Sanders, given that almost all those who love freedom to know is the only open bekennender socialist in Congress, or at least the only Socialist, has the wardrobe. The socialist version of the “fair tax competition withdrawn”, raspberry, a discount of $ 300 for every man, woman and child in this country, regardless of income, and Sanders said, if the surpluses “authentic”.

For example, my family now, a cut of $ 900 in our entire tax bill (provided that the surpluses “true”), while a family of five would receive $ 1,500 (assuming that the surplus ” for the real “). A millionaire pays $ 300000 tax per year would also be a tax cut of $ 300 - provided that the surpluses “genuinely”.

Of course, raspberry believes that this is a good idea. First, as he breathlessly pointed out that low-income families can get more tax breaks “as high-income families, or at least in the higher income groups receive no more” relief “poorer than their colleagues .

Second, wealthy people could actually earn their meagre “tax cut”, while the poorest people would be spending, and every socialist in Washington, DC, knows that consumer spending, that prosperity. Thus, Sanders Socialist, the unlikely hero, saving our political economy, with our body, which is without doubt that the location of the wave unleashed by the disloyalty of Mr. Bush.

Thus, many of fraud, so little time. A look at this “tax”, this is not a tax cut ever. It is a surrender or, more specifically, a government handout, Distribution System, or the one wishes to draw. The summit, of course, is the fact that, according to figures from the Internal Revenue Service itself at the beginning of 50 per cent of taxpayers Shell 96 percent of all taxes on individual income.

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