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emergency stimulus for all( my idea of one)

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cleveramerican Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 04:38 PM
Original message
emergency stimulus for all( my idea of one)
One year tax free

let every American pick one year of their adult life(between the ages of 25-50) to go completely income tax free.
State and Federal 100% returned to the taxpayer but it would have to be the same year.

A huge swath would choose next year.
some others would undoubtedly hold out till the year they sold a home or business.

why not?

if everybody chose this year it would be problematic,
but otherwise it would help a huge portion with savings and debt and home purchases.
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DJ13 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 04:41 PM
Response to Original message
1. A direct stimulus towards reducing consumer debt would go farther
The poor dont pay much in taxes, but they certainly have credit.
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cleveramerican Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 05:44 PM
Response to Reply #1
3. the working poor outnumber the wretchedly poor 3 to 1
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fasttense Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 04:52 PM
Response to Original message
2. We need our jubilee year back. n/t
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JoePhilly Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 05:47 PM
Response to Original message
4. It is an interesting idea ... but this is not the time ...
Right now ... the GOP would ALL decline so they could drive the deficit higher ... and then blame Obama.

It is a neat idea for a time when we are NOT in an economic mess.

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cleveramerican Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 08:50 AM
Response to Reply #4
5. no GOP member would oppose it
they love tax cuts
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