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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: Jim S who wrote (34257)	3/21/2009 10:47:44 AM
From: Peter Dierks	Respond to of 71588

imagine the "stimulus" if instead of spending a trillion dollars in pork, Congress instead were to simply announce that for the year 2009, there would be NO PERSONAL INCOME TAX. Cost to the gov't would be about the same, but just imagine the boost to the economy. Not to mention the goodwill it would inspire to have a full year with no 1040s to send in next year. The people would spend much of it. Much of the rest would be invested, which would float the stock markets. It probably would have been the shortest downturn in history.