This is a great explanation of a tax rebate program recently debated in the West Virginia legislature.
If you don't understand the Democrats' version of tax refunds, maybe this will help explain it: 20,000 people went to a baseball game, but the game was rained out. A refund was then due. The baseball club's front office was about to mail refunds when a group of Democrats stopped them and suggested they send out the ticket refunds based on the Democrat interpretation of fairness. Originally the refunds were to be paid based on the price each person had actually paid for their tickets. Unfortunately that meant most of the refund money would be going to those ticket holders who had purchased the most expensive tickets. This was considered totally unfair. A decision was then made to pay out the refunds in this manner: People in the $10 seats will get back $15. After all, they have less money to spend on tickets to begin with. Call it an "Earned Income Ticket Credit." Persons "earn" it by having few skills, poor work habits, and low ambition, thus keeping them at entry-level wages. People in the $25 seats will get back $25, because it "seems fair." People in the $50 seats will get back $1, because they already make a lot of money and don't need a refund. After all, if they can afford a $50 ticket, they must not be paying enough taxes. People in the $75 luxury box seats will each have to pay an additional $25 because it's the "right thing to do". People walking past the stadium who couldn't afford to buy a ticket for the game each will get a $10 refund, even though they didn't pay anything for the tickets in the first place. They need the most help. Sometimes this is known as Affirmative Action. Now do you understand? If not, contact your local Legislative delegate for assistance.
Friday, March 28, 2008
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