On Mon, 20 Oct 2008 23:44:35 +0000, D Murphy wrote:

They don't pay any taxes. What he does is mail them a check. That's
not a tax cut, it's welfare.

Check your facts.

This is right on his web site.

You seem confused.

http://www.barackobama.com/issues/economy/

[Provide a Tax Cut for Working Families: Obama and Biden will restore
fairness to the tax code and provide 150 million workers the tax relief
they need. Obama and Biden will create a new "Making Work Pay" tax credit
of up to $500 per person, or $1,000 per working family.]

So if you are already paying no tax, you will get a check.

Perhaps this is the source of your misunderstanding. A "credit" is not in
any way, shape, or form "a check." Nobody is going to get "a check."

And it will add another 10,000,000 people to the roles of those who pay
no income tax.

Potentially. Might even balance out the value of wealthy who pay no
income tax.

If you pay no tax and the government sends you a check, only a liar
would call it a tax cut. A charitable person might call it a subsidy. A
realist would call it welfare. In any case it's another expensive
entitlement that once enacted will be impossible to get rid of.

"If" doesn't cut it. As shown above nobody is going to get "a check."

--
Regards, Curly
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The Bush Legacy: Privatize Profits, Socialize Losses
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