04-30-2008, 03:42 AM
I think since most earners pay a pretty hefty tax to support the common good, a small break---having some of our own money returned to us for discretionary use, using how we choose, either wisely or foolishly, or however--is not a bad thing.
This is not taxpayer money being returned.
The government is taking on more debt to cover it and then it's cooking the books to pretend that there's a tax credit on your 2008 return.
Meanwhile, interest accrues on the debt and taxes will have to be raised to cover it either at the federal level or by the federal government denying resources to local governments forcing them to stick it to you as proxies.
And the Saudi's and Chinese and other foreign nationals will own that much more of the United States... because that's who's buying our debt lately. And that means that there's that much less incentive for the federal government to invest in practical alternative energy resources or to fight the real sources of terrorism 'round the world or to enforce trade regulations or to inspect foreign goods for taint and unsafe construction or to promote human rights.
Meanwhile, we "enjoy" higher food and fuel prices, further eroding the middle class and driving greater numbers into poverty and obscurity. (But don't worry. So long as you've given up hope for a job, your condition won't impact federal employment figures.)
What's that "tax relief" costing?
Our lives, our fortunes, our sacred honor.
That's all.