A Government Bailout for the Average American [View article]
There is a large amount of time and effort spent on the stimulus package, which is loaded with to much pork and not enough substance for job creation.
The impact needed to get the economy moving is to eliminate all interest income from taxation for one year, this will put more impact into consumer hands than any move the govn could take now. Then play it by ear, taking the same action after the year , if required.
There would also be major deposits by consumers because of the excluded tax.
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There is a large amount of time and effort spent on the stimulus package, which is loaded with to much pork and not enough substance for job creation.
Feb 09 11:47 am
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All Comments by jrheintz »A Government Bailout for the Average American [View article]
The impact needed to get the economy moving is to eliminate all interest income from taxation for one year, this will put more impact into consumer hands than any move the govn could take now. Then play it by ear, taking the same action after the year , if required.
There would also be major deposits by consumers because of the excluded tax.
Think about it.