Reply #9: So..... [View All]

[Coyote_Bandit]

Long term unemployed folks who pay taxes on earnings from their dwindling savings are also excluded? Also a lot of self-emplyed folks would be excluded since many do not receive 1099s or w-2s. The issue is not limited to retired and disabled folks with taxable income.




Undoubtedly there will be a of of pissed off folks if all forms of taxable income are not considered in determining the rebate. Taxable income is taxable income regardless of its source. To suggest otherwise is to suggest that some taxpayers are less equal than others simply due to the source of their taxable earnings. Never mind the fact that some taxpayers would like to have income from w-2 or 1099 earnings but are prohibited by age, infirmity or maketplace rejection of their skill. If the rebate is limited to only W-2 and 1099 earners then I personally will not vote for any incumbent for any position irrespective of their party affiliation. I will not tolerate that kind of inequity. If you are correct, then this tax rebate stimulus is a fucked up idea in terms of both its long term economic implications and in terms of its political implicaitons.