The Stimulus Spending Alternative: 4 Tax Cut Options

Another idea

why not give the 750 billion back to the tax payers who could pay off credit cards and loans. the banks then would have more money to loan out. the 750 would help taxpayers and the banks.

I know this is just a dream but Washington needs to think outside the box and try and help the taxpayers. I guess they would just rather bite the hand that feeds them.

Bill Hankins of VA @ Dec 13, 2008 20:52:52 PM

Why Not All Four?

Tom Hanna,

Interesting idea, yours. I wonder, however, about unintended consequences. For example, would your plan encourage investors to sell assets and then re-invest the proceeds under the tax-free unbrella? What sort of distortions would that create, if any?

I continue to be amazed (I shouldn't be) by the creativity shown by the free-market oriented folks as they seek at solutions for our economic ills, as compared to the simpleminded offerings from the government activists.

The difference, i think boils down to this: one side is dealing in economics, while the other is not, preferring instead to offer ideas that satisfy political desires.

Dean of MN @ Dec 09, 2008 13:24:20 PM

Great theory!

Cutting taxes makes the government money, so totally eliminating all taxes would certainly make the government so much money the government could take care of all of us and we would not have to worry about losing jobs?

And I also have a great bridge in Brooklyn I'l like to sell you.

HillbillyBill of TN @ Dec 09, 2008 06:46:20 AM