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The Stimulus Package

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  • dutyjedutyje Everyone, Registered Users Posts: 2,263
    PuroFreak:
    dutyje:
    PuroFreak:
    No, because when you cut taxes you are giving back money that the government took from us.... But if you give money back to people that didn't pay Federal Income tax other than medicare and Social security then it is a hand out. That money is still in the Medicare funds and those people will still be able to draw off of that according to what they put into it. It is basically a welfare program at that point.
    But Medicare is money that the government took from the incomes of those people
    Yes, but that money is still in the Medicare fund for them to use at a later date. Even if it is not a individual account, they can still draw from it when they come to that point. That makes it a hand out.
    But that fund is established through tax dollars. So if you choose to cut that tax for some people, they don't owe into that fund. If you choose to retroactively cut that tax for those people, you would issue them a check for what they are owed.
  • PuroFreakPuroFreak Everyone, Registered Users Posts: 4,132
    dutyje:
    PuroFreak:
    dutyje:
    PuroFreak:
    No, because when you cut taxes you are giving back money that the government took from us.... But if you give money back to people that didn't pay Federal Income tax other than medicare and Social security then it is a hand out. That money is still in the Medicare funds and those people will still be able to draw off of that according to what they put into it. It is basically a welfare program at that point.
    But Medicare is money that the government took from the incomes of those people
    Yes, but that money is still in the Medicare fund for them to use at a later date. Even if it is not a individual account, they can still draw from it when they come to that point. That makes it a hand out.
    But that fund is established through tax dollars. So if you choose to cut that tax for some people, they don't owe into that fund. If you choose to retroactively cut that tax for those people, you would issue them a check for what they are owed.
    But that money that they are giving back isn't coming out of the Medicare fund therefore they are being given back money but still have the same amount invested in the Medicare system and Social Security... Why is that so hard to understand. It is still a hand out.
  • urbinourbino Everyone, Registered Users Posts: 4,517
  • PuroFreakPuroFreak Everyone, Registered Users Posts: 4,132
  • urbinourbino Everyone, Registered Users Posts: 4,517
  • PuroFreakPuroFreak Everyone, Registered Users Posts: 4,132
  • urbinourbino Everyone, Registered Users Posts: 4,517
  • jlzimmermanjlzimmerman Everyone, Registered Users Posts: 282
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