The Economy must surely be the most important thing on people's minds right now. With polls emerging that 3 out of 4 Americans saying that they are scared about the way things are going on in the country, and the Obama cabinet recently announcing its intentions of halving the federal deficit by 2013, its plain to see how everyone is stressed about the economy.
And I was curious to see how the Republicans were dealing with these issues, so I started doing research on what alternatives that they suggested. Even though there were no real outlines established by the GOP in the wake of the economic crisis, apparently a group of 44 House Republicans apparently have decided to try and pass a bill that would eliminate income taxes.
Wait what? Get rid of a vital source of income for the US Economy? Don't income taxes make up about 27% of the Federal income of the United States? This is just ludicrous, in the wake of an economic crisis, the best alternative that the Republicans can come up with is getting rid of income taxes.
* on a sidenote; is it coincidental how the GOP started talking about eliminating income taxes around tax season? Instead of following the Treasury Secretary Tim Geitner's method of paying income taxes (which is not paying them altogether), the Republicans decided on coming with a bill that would completely eliminate income taxes? Pure humor.
Track the movements of the "Bill" here; http://www.opencongress.org/bill/111-h25/show
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