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Old Feb 25, 2004, 09:54 pm   #10 (permalink) (top)
forecg
Molten Ash
 
Posts: 36
</span><blockquote><span class="smallfont">Quote:</span><hr size="1" />Originally Posted by (Major Billy,)


You didn't answer my question. I don't want to know what the 'average' rebate is.

Exactly how much of a rebate would I get under your plan?

Even GW Bush told us exactly how much his tax cuts would save:
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If I knew your state, your town, your income, and the value of your house, then yes, I could tell you exactly what your rebate would be.

If your state & town fund education with a $10 tax on every $1000 of the value of your house, then you already pay:

$400 per year for a $40,000 house
$1200 per year for a $120,000 house
$3500 per year for a $350,000 house

The rebate would be limited to the amount you already pay for education, so that's how much money you could choose to spend on non-public schooling and still get it all back. The rebate won't save you any money, but it will let you decide where it is spent.
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