8 things that we could change about Tax Day forever (John Linder, 4/19/24, Fox News)
Every family that is legally resident in the U.S. would receive a monthly cash advance — a prebate — that would totally cover the tax costs of spending up to the poverty line for that family. Poverty level spending is defined each year by the government to be that spending necessary to buy essentials. The prebate for a family of four would cover the tax costs on spending of $40,880.
We want to encourage wealth creation and investment, yet we tax them?