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Payroll Tax Cuts as Stimulus
It seems that J.M. Keynes himself thought this was a good idea . And, indeed, it strikes me as indefensible that a stimulus package featuring hundreds of billions of dollars of tax cuts doesn’t include any FICA provisions. Payroll tax cuts wouldn’t be my first choice of stimulus ...
62% Want Stimulus Plan to Have More Tax Cuts, Less Spending
rasmussenreports.com — With the Senate poised to vote Tuesday on an $827-billion version of the economic recovery plan, 62% of U.S. voters want the plan to include more tax cuts and less government spending. Just 14% would like to move in the opposite direction with more ... (more) 62% Want Stimulus Plan to Have More Tax Cuts, Less Spending
Greg Mankiw's Blog: The Case for a Payroll Tax Cut
gregmankiw.blogspot.com — For the econonerds out there, here is a more complete analysis of the Bil-Klenow stimulus plan . Journalist Michael Kinsley makes the case too , while confirming his membership in the Pigou Club. How about an immediate and permanent reduction in the ... (more) Greg Mankiw's Blog: The Case for a Payroll Tax Cut
Instead of stimulus, do nothing – seriously
csmonitor.com — Stimulus is unconstitutional. And history shows that the economy can recover strongly on its own, if politicians stay out of the way. (more) Instead of stimulus, do nothing – seriously
1 Comment
  • beyondgreen63 beyondgreen63
    +1
    We need to utilize everything in out power to reduce our dependence on foreign oil including using our own natural resources.OPEC will continue to cut production until they achieve their desired 80-100. per barrel. The high cost of fuel this past year seriously damaged our economy and society. Oil is finite. We are using oil globally at the rate of 2X faster than new oil is being discovered. We need to take some of these billions in bail out bucks and bail ourselves out of our dependence on foreign oil. Jeff Wilson has an eye opening new book out called The Manhattan Project of 2009 Energy Independence Now. He explores our uses of oil besides gasoline, our depletion, out reserves and stores as well as viable options to replace oil and the pros and cons of each. Oil is finite, it will run out in the not too distant future. WE need to take some of these billions in bail out bucks and bail America out of it's dependence on foreign oil. The historic high price of gas this past year did serious damage to our economy and society. WE should never allow others to have that much power over our economy again. I wish every member of congress would read this book too. www.themanhattanprojectof2009.com There could be no better investment in America than to invest in America becoming energy independent. Create cheap clean energy, millions of badly needed new green collar jobs, and reduce our dependence on foreign oil all in one fell swoop! America needs to wake up and smell the coffee.
    Posted 2/9/2009 respond (flag)
Blog Reactions

Republicans Against Payroll Tax Cuts?
The Corner on National Review Online — Saturday, February 07, 2009 [image] Republicans Against Payroll Tax Cuts? [ Mark Hemingway ] Matt Yglesias: Payroll Tax Cuts as Stimulus It seems that J.M. Keynes himself thought this was a good idea . And, indeed, it strikes me as indefensible that a stimulus package featuring hundreds of billions of dollars of tax cuts doesn t include any FICA provisions. Payroll tax cuts wouldn t be my first choice of stimulus measures, but there s a strong case for including some tax-side measures in the package and they d probably be my first choice of tax cuts to include. ...

MATTHEW YGLESIAS on payroll tax cuts: “It seems that J.M. Keynes himself thought this was a good id…
Instapundit — ... MATTHEW YGLESIAS on payroll tax cuts: “It seems that J.M. Keynes himself thought this was a good idea. And, indeed, it strikes me as indefensible that a stimulus package featuring hundreds of billions of dollars of tax cuts doesn’t include any FICA provisions.” Yes, ...

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We Need a Payroll Tax Holiday. We Don’t Need an Infrastructure Bill.RedState: Conservative News and Community
I live in New York City. I talk to a lot of businesspeople, investors, and Wall Streeters. I don’t talk to all that many ordinary people. But I enjoy being interviewed on live radio in other parts of the country. And when I do that, I get the chance to hear what local callers think ...