So I'm on the phone with my buddy Frank the other night and he tells me that he plans to spend his tax rebate windfall on a hi-tech cell phone. You know the one that I mean. This particular shiny cell phone costs about $500 and features a touch-screen. Surely, something no house should be without. At any rate, Frank tells me that he is thankful that the government is giving him money. My blood started to boil.
The government is not giving away money. That money is cash the American people have already paid to the government who is now is releasing those funds back to its citizens. For example, if I go to BestBuy and buy a large-screen TV for $1,000, chances are the deal will come with a rebate. I still have to lay out the $1,000, but, if I mail in the right information, I'll get some of that cash back through a rebate. In short, the tax rebate money already belongs to the citizens. We just loaned those funds to our government for a period of time at no interest. What do you plan to do with you tax rebate?
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