The new economic stimulus package that the president and congress recently agreed upon is designed to stimulate the economy by refunding a portion of income taxes back to Americans. What you might not know is that everyone, regardless of tax status, will get a refund. What this means is that the lowest income class, who do not pay an income tax, will get at least $300.
http://www.washingtonpost.com/wp-dyn/content/story/2008/01/24/ST2008012401981.html
This is utterly ridiculous. These people pay nothing into the system, yet are getting a "refund". As if the enabling social entitlements already in place are not enough, the democrats managed to squeeze out another several billion dollars of income tax payers' money in a wealth-redistribution effort that, in their minds, was still not enough. Where does it end? Left unchecked, the democrats will drive this country and economy into the ground until individualism and personal accountability are but a distant glimmer on an ocean of socialism.
Friday, January 25, 2008
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