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URL:  https://boards.fool.com/the-problem-with-the-quotrebatequot-is-that-15156439.aspx

Subject:  Re: Not everyone gets a tax rebate Date:  6/12/2001  1:51 PM
Author:  chicknyell Number:  153006 of 910561

The problem with the "rebate" is that it is for 2001 taxes, but is based on what was payed in 2000. So for the family that owed almost no taxes last year because of, say, the wife was out of work, and the twins were still young enough to be dependents; will get no rebate, even though the wife is now making $50000, and the twins have fled the nest.

On the flip side, the guy who retired in February will still get the rebate, even though he will not have to pay taxes this year.



So what if it was based on a different time period? Then others would be out. What if someone paid a bunch in 2000 but absolutely 0 in 2001? What about those people who last paid taxes in 1923? Maybe they find it unfair. They had to draw the line somewhere and probably put more thought into this than you or I can imagine.
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