reply on: House GOP Bill Aims to Abolish the IRS and Rewrite the Tax Code \ stacker news ~Politics_And

pull down to refresh

42 sats \ 4 replies \ @Bell_curve 20 Feb \ parent \ on: House GOP Bill Aims to Abolish the IRS and Rewrite the Tax Code Politics_And_Law

I read the rebate is sent only to net tax payers. 40 percent of tax filers pay zero income tax to the Internal Revenue Service

47 sats \ 2 replies \ @freetx OP 20 Feb

I found the bill online and ran it thru Perplexity. It says:

Rebates Availability

Scope of Eligibility:

The FCA rebate is not restricted to taxpayers. Instead, it is available to all "qualified families" who meet residency and registration requirements, regardless of income level or tax liability.

Qualified Family Definition: A "qualified family" includes individuals sharing a common residence and their dependents, such as spouses, children (biological, adopted, or under legal guardianship), and lineal ancestors (e.g., parents, grandparents).

Exclusions:

Incarcerated individuals scheduled to be confined for six months or more2.
Non-citizens without lawful residency status.

19 sats \ 1 reply \ @Undisciplined 20 Feb

I believe @Bell_curve is thinking of the recently proposed DOGE rebates, which would only be sent to net tax payers.

29 sats \ 0 replies \ @Bell_curve 20 Feb

yes! that's the one!

33 sats \ 0 replies \ @kepford 20 Feb

Indeed. A ton of people love April 15th because they get a big check. They don't pay income tax at all.