The Democrats want another round of tax-rebate checks, in addition to the $100 billion in tax-rebate checks that went out last spring. Democrats are essentially conceding that tax cuts are good for the economy, but they are opposed to the kind of long-term tax relief workers and businesses can count on. They’d rather confiscate your money first, so they can take credit for giving it back. Viewed in this light, it is appropriate that so much of Obama’s tax plan consists of “tax credits.”
Ed Morrissey writes, “Put it this way: does it cost more to take money from taxpayers and then pay bureaucrats to filter it back to us, or just leave it in our pockets in the first place?”