Comments on: A ‘Permanent Fix’ Bailout And Why It Won’t Happen

By: Earn cash online

Earn cash online — Thu, 22 Jan 2009 17:22:31 +0000

No way is that gonna happen!

What kind of idea is that anyway? Why do we need this tax holiday? Not practical…

By: Keep Home Safety in Mind When Decorating for Holidays « Middle Tennessee Real Estate

Wed, 03 Dec 2008 23:09:57 +0000

[...] I really like this idea thatâ€™s being batted around Washington, but I fear Mr. Spite is right – it wonâ€™t work.Â [...]

By: Idea for Bailout Alternative - Real Estate Investing

Idea for Bailout Alternative - Real Estate Investing — Wed, 03 Dec 2008 02:02:13 +0000

[...] really like this idea that’s being batted around Washington, but I fear Mr. Spite is right – it won’t work.Â [...]

By: sadcox

sadcox — Tue, 02 Dec 2008 19:00:07 +0000

@Lawrence
I prefer the Fair Tax over income tax, but…it’s set up to replace the income tax and doesn’t really address the spending end (at least my understanding). I’m a big fan of Boortz, but I think he’s sold out a little on his libertarian principles by not endorsing spending cuts.

@The Frugal Libertarian
I agree…a tax revolt would be awesome! And you’re right–if people had to write a big ass check at the end of the year they’d think twice about the tax rate.

@billymac
I think it was his mistress that thought of it.

By: billymac

billymac — Tue, 02 Dec 2008 17:36:37 +0000

wow, a good idea from a politician? his teenage kid probably gave him the idea.

By: The Frugal Libertarian

The Frugal Libertarian — Tue, 02 Dec 2008 17:32:17 +0000

The possibility that there would be a revolt after the tax holiday is reason enough to support the idea. I don’t think people realize how much taxes hurt their standard of living. Anything that wakes people up to this would be great.

I have always wished that they did not take taxes out of every pay check. Instead, we would have to write out a check at the end of the year. People would really get to understand how much the government is stealing from them this way. This would definitely cause a revolt. It would be like throwing a frog in boiling water instead of heating it up slowly.

By: Lawrence

Lawrence — Tue, 02 Dec 2008 17:25:03 +0000

Another side effect of the 2 month tax holiday and the protests in March is the FairTax would get serious view. Check it out:

http://www.fairtax.org/site/PageServer?pagename=about_main

By: sadcox

sadcox — Tue, 02 Dec 2008 13:41:18 +0000

@hungrymother that just made me feel way too verbose. You summed up my whole post in four words. Want to guest blog?

By: hungrymother

hungrymother — Tue, 02 Dec 2008 13:39:56 +0000

Great idea. Won’t happen.