Monday, December 01, 2008

Stimulate The Economy With A Tax Holiday For Taxpayers

U.S. Representative Louie Gohmert (R-TX)

U.S. Representative Louie Gohmert (R-TX) has put forth an idea to prevent more outrageous spending sprees by Washington with even more taxpayer dollars going to executive cronies.

Representative Gohmert's idea is to put that $350 Billion dollars towards a tax holiday from both personal income tax and FICA tax for Americans during January and February of 2009. He thinks we can save more home mortgages, increase employment, and boost economic growth for a lower price tag with this plan than with any centralized bureaucratic program. His idea would give power back to the taxpayers who could spend the money , or not, in any manner they desired.

The full story may be found on Representative Gohmert's website at: http://gohmert.house.gov/

Soap Box Ravings says this would mean for two months, there would be no federal deductions from any ones income, not even unemployment checks. This action would then allow money to be fed into the economy from all over the country and at all income levels. Unlike now where the money is going into the mega banks selected where they seem to be retaining it and not doing the job they were provided the money to do. There has been to many stories on their failure to use the money as desired by the government.

This seems to be such a great idea, Soap Box Ravings suggests everyone contact their Representatives and Senators regarding this manner. I assure you that it is not an idea that will be received by the majority of Representatives or Senators. I believe this idea will have to be forced on them by millions of calls, e-mails and faxes. But it can be done.

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