No it doesn't b/c there are plenty of working Americans who don't pay taxes. Yeah, taxes are taken out of their paychecks, but they get it all back the following year in their refund. That by definition is not paying taxes. Those are the people who will be given a "tax refund" stimulus who have nothing to be refunded in the first place, so it is taken from those of us who pay lots of taxes already.
It seems to me that if someone doesn't pay taxes, then they're not counted in that 95 percent who'll see relief. And maybe those who have to wait a whole year for their refund will not have to pay so much in the first place.
As a taxpayer, I wouldn't mind paying for middle-class and poor tax relief. I'd endorse that far more than corporate tax cuts or this bottomless pit in Iraq. Anyway, stimuli are just advances on next year's taxes, so the idea that they cost more is disingenuous. If anything, they're a bad idea because they hurt the beneficiaries next year.
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No it doesn't b/c there are plenty of working Americans who don't pay taxes. Yeah, taxes are taken out of their paychecks, but they get it all back the following year in their refund. That by definition is not paying taxes. Those are the people who will be given a "tax refund" stimulus who have nothing to be refunded in the first place, so it is taken from those of us who pay lots of taxes already.
It seems to me that if someone doesn't pay taxes, then they're not counted in that 95 percent who'll see relief. And maybe those who have to wait a whole year for their refund will not have to pay so much in the first place.
As a taxpayer, I wouldn't mind paying for middle-class and poor tax relief. I'd endorse that far more than corporate tax cuts or this bottomless pit in Iraq. Anyway, stimuli are just advances on next year's taxes, so the idea that they cost more is disingenuous. If anything, they're a bad idea because they hurt the beneficiaries next year.
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