Quote:
Originally Posted by iggy_oi
The problem is that under the current format low income earners still have to cover those costs before receiving a their rebate. So if they’re already having to go into debt in the interim the increased interest payments on additional borrowing start eating away at that increased rebate and they’re further behind.
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That's the same line dragged out by people against the carbon tax rebate, even though it is pre-paid. But it's paid out quarterly as well, so I find this argument kind of silly. You qualify at 19, and maybe start getting it then. I'm sure most people do. As you earn more, you stop qualifying. If you earn less, you qualify. So at times you are getting it while not deserving it. But I'd imagine in general those getting it have never not got it(other than retirees?) for the most part? The reality is, with the quarterly payment the worst you would ever be is out ~$116 over 3 months, but that would apply to very few people.
I don't think any working poor would be upset about getting a bigger rebate than they pay out, which is probably almost universally the case, unless you can show a financial illustration where it is not that would apply to more than 10 people.