Wednesday, December 03, 2008

Get rid of income taxes for a year!

Representative Louie Gohmert of Texas notes that the federal government has committed to spend--or has already spent--close to $7 Trillion in an attempt to jump-start the U.S. economy. It "only" takes in $1.2 Trillion (one number he mentioned) to $2 Trillion (the number his interviewer mentioned) in income taxes each year.

"Why not give the money to the people who can really use it?" he asks. "Let's get rid of the cronyism and the fat-cat paybacks. . . ."

I kind of like the idea!

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