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 By  Staff Reports Published 
6:12 pm Friday, April 25, 2008

Understanding the tax rebate

By By Jerry Fancher
I recently received this email. What do you think of it?
This is a great explanation of the tax rebate program recently enacted by
Congress. If you don't understand how it will work maybe this explanation will help: 50,000 people went to a baseball game, but the game was rained out. A refund was then due to the ticket holders. The team was about to mail refunds when a group of Congressional Democrats stopped them and suggested that they send out the ticket refunds based on the Democrat National Committee's interpretation of fairness.
Originally the refunds were to be paid based on the price each person had paid for the tickets. Unfortunately that meant most of the refund money would be going to the ticket holders that had purchased the most expensive tickets. This, according to the DNC, is considered totally unfair. A decision was then made to pay out the refunds in this manner:
People in the $10 seats will get back $15. After all, they have less money to spend on tickets to begin with. Call it an 'Earned Income Ticket
Credit.' Persons 'earn' it by having few skills, poor work habits, and low ambition, thus keeping them at entry-level wages.
People in the $25 seats will get back $25, because it 'seems fair.'
People in the $50 seats will get back $1, because they already make a lot of money and don't need a refund. After all, if they can afford a $50 ticket, they must not be paying enough taxes.
People in the $75 luxury box seats will each have to pay an additional $25 because it's the 'right thing to do'.
People walking past the stadium that couldn't afford to buy a ticket for the game each will get a $10 refund, even though they didn't pay anything for the tickets. They need the most help.
Now do you understand?
If not, contact Rep. Nancy Pelosi or Sen. Ted Kennedy for assistance.
Jerry Fancher is Chairman of the Franklin County Republican Executive Committee. He can be reached via email at jfanchergop@yahoo.com.

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