Which one is better (and why)?
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So yes in effect they are returning a small portion of our own money to us!
Which one is better (and why)?The package is meant to revitalize the economy. Giving money back to people allows for increased spending which in turn helps business growth and means more hiring, more spending etc.
This particularly important as recession fears mount and people stop spending (thus increasing the chances of a recession).
Yes, they are essentially giving back the money you have already spent in taxes but that is not a negative thing. I think it is great to get back tax money which is essentially tax free except for sales taxes.
There is of course much more to this issue in the long term. It has been recognized however that an immediate solution is most important and that is agreed by all parties right now.
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