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Tag: joint committee on taxation

They Think We Are Stupid

Was reading this tonight and couldn’t help but chuckle over this remark:

The balance in the VICP fund as of May 2013 was about $3.4 billion. The fund has paid out only $2.7 billion since it was established in 1988

Funny.  I don’t think nearly half of the amount the fund has collected being disbursed is eligible for the word, ‘only.’  I know its relative, but I would think something like, say, $1 million, would be a fraction suitable for the word ‘only.’  I think a pay out of $2.7 billion represents a really sizable payout, and if this were … continue reading...