Friday, November 14, 2008
It is all about taxes
We don't need a new "bail out program". The government can circumvent the banks, and the cross party risks, and the GSE's, and GM... all they need to do is cut taxes! That's it. No more, no less.
A 12 month moratorium on payroll taxes would put the money in the pockets of working people, right where the economy needs it. We don't need an extension of unemployment benefits. We need a payroll tax moratorium. Company's would benefit - they pay HALF of the payroll tax, and working people would benefit. No more cockamayme schemes from the U.S. Treasury.
Wanna know why this will NEVER happen? Why the Government would rather let the country, and the world, slip into a depression (and risk war in the process)? Because you can't put the shaving cream back in the can. Our system of taxation is so unreasonable that ANY fix might lead the masses to insist on something rational, simple, understandable... and we can't have that, now can we?
Mentatt (at) yahoo (d0t) com
Posted by The Short Story Man at 6:02 PM