cicerone imposter wrote:Scrat, I guess those $400 dollar checks to be disbursed by the feds aren't "giving back money they took in the first place." c.i.
Not really... They are
prepayments against a reduction in taxes which will be owed at the end of this tax year. The government isn't giving me back $400 dollars they took from me. They are effectively saying, "here's $400 of the tax savings you will see when you file taxes next year".
But I suppose you can call it "giving back" if you want. If you meant these rebates, that's cool. I don't intend to split hairs, I was talking of
tax cuts where perhaps you meant the rebates. (When people talk about tax cuts as the government "giving" money to taxpayers, it sounds as if people think the money was the government's in the first place. That's the notion I meant to speak against.)