Five-Month Tax Holiday: Neal Boortz

Monday, January 12, 2009

Author and libertarian talk show host Neal Boortz has berated President-elect Obama’s proposed stimulus plan, writing, “He is proposing to use the occasion of an economic crisis to provide cover for increased government spending that he’s been promising since the day he announced his candidacy….Obama’s stimulus plan is very little more than a plan to enhance and solidify the power of the Imperial Federal Government over our economy at the expense of the private sector and free markets.” Boortz points to an alternate plan advanced by Louie Gohmert, a Republican Congressman from Texas; instead of taking $800 billion of public funds and using state apparatus to direct the funds from the top-down , the government could offer a tax reprieve lasting 5 months, the amount of time it takes to collect $800 billion in taxes. Boortz compares the results that the two plans might have:

“Obama's Stimulus - Government makes the choices of who wins and loses. Winners include teacher’s unions, government contractors, politicians and businesses favored by government and political operatives. This plan grows government.
Six Month Tax Holiday - The people who actually earned the money get to choose the economic winners and losers through their spending decisions. Winners include private sector businesses that provide quality products and services. This plan grows the private-sector economy.”
Is There a Better Idea? You Bet! (by Neal Boortz,


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