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View Diary: Creating Jobs Is Not "Wasteful" (259 comments)

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  •  Sarah--a tax cut idea to pass along (7+ / 0-)

    If we are going to cut taxes, why not do it where we will see an immediate benefit, one that will put more dollars in workers and small business owners pockets twice a month?

    Why not deeply cut taxes on those making less than $100,000/year, and immediately send out new IRS withholding schedules?

    And for an even greater impact--why not halve the FICA withholding for both employees and employers? At least until we are out of this recession.

    Anyone who recently filed their 941 will know exactly what I'm talking about.

    These simple actions would immediately put hundreds of millions of dollars directly into the pockets of those living paycheck to paycheck, twice a month, from where they would be spent.

    "In the end we will remember not the words of our enemies, but the silence of our friends." MLK, changed to this during the 2008 FISA fight

    by bewert on Thu Feb 05, 2009 at 03:30:15 PM PST

    [ Parent ]

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