So congress has settled on an economic "stimulus," the center of which is "tax rebates." Let's start with the definition of a rebate:

Rebate (N): a return of a part of a payment

So what does this rebate look like? Are people that pay taxes getting to keep their money? Hardly.

Pelosi, D-Calif., agreed to drop increases in food stamp and unemployment benefits during a Wednesday meeting in exchange for gaining rebates of at least $300 for almost everyone earning a paycheck, including low-income earners who make too little to pay income taxes.

You don't even have to pay taxes to get a rebate! But at least people who do pay taxes will get rebates right? Wrong!

Rebates would go to people earning below a certain income cap, likely individuals earning $75,000 or less and couples with incomes of $150,000 or less.

Okay, for the sake of argument, let's assume that "rebates" will go to everybody with an adjusted gross income of about $100,000 or less. That means that 90% of Americans will get a check from the government, and 10% will not. The 10% that "get" nothing contribute 70% of the income taxes paid to the government. Sure, that's fair. Meanwhile, the bottom 50% of wage earners, who contribute a whopping 3% of tax revenues, all receive checks of between $300 and $1200.

This isn't a rebate. It is a forced transfer of income from 2.5 million more productive people to 125 million less productive people. It is the government taking money at gunpoint from the people that earned it, and giving it to people that did not.