Quote:
Originally Posted by August
You're not paying anything if you get it back.  |
Then I have a deal for you.
Please give me $100.00 per month from Jan to Dec. On December 31st, I will give you, in cash, $1,200.
Deal?
Why not, you are not losing any money if you get it all back right?
But not only do you lose the use of the money, you are, in effect, giving me a zero interest loan of $100 for 12 months, $100 for 11 months, 10 months.......
I will be investing $100.00 for 12 months, $100 for 11 months.... and I will end up with more than $1,200 by the end of the year.
So yes the poor may get back 100% of what they paid in taxes, but that is not the same as not paying taxes at all. The poor in this country are simply loaning the government money at zero percent interest.... money they may need to buy food or pay rent.