A Secret Tax on Teenagers
You get your rebate check today. Your kid pays the tax bill later.
That suggests that as consumers and taxpayers, we aren't fooled by these games of three-card Monte. Are we fooled as voters? Alistair Darling obviously hopes so.
Tim Harford is a Financial Times columnist. His latest book, The Logic of Life, will be published in paperback on Feb. 10.
Photograph of teenagers by James Woodson © copyright 1999-2008 Getty Images, Inc.