No, it's not. At it's top and bottom it's taking from high wage earners (who won't be seeing a "rebate" check) and giving it, in many cases, to people who paid no taxes in the first place.
This is not ...
an admission that the money should have remained in private hands and should never have gone to the goverment in the first place
...it's Washington, once again, telling us that they will take care of everything for us.
Give this man a prize!