Lou G
New member
Louie Gohmert is a Congressman from Texas.
"Secretary Paulson continues his unfettered spending spree and is driving our country further from the core capitalist principles on which it was founded. His and the Fed’s bailouts in the past few months have set a dangerous and unmistakable precedent to nationalize or socialize banking, insurance, and investment firms; and now car companies and other industries, states and cities are also lined up with hands out. I am proposing that we end the giveaway power of Sec. Paulson and the Fed immediately and declare that taxpayers will pay no 2008 income taxes. We should then return all amounts individuals have already paid this year," said the concerned Texas Congressman.
"Can you get your head around the idea of each taxpayer receiving back in the next few months every dime they have paid in income taxes for 2008? Can you imagine the incredible surge in the economy - the cars that will be bought, the houses bought and built, the mortgages paid up, the credit cards paid off, and Christmas presents bought? There are great values on some stocks that could then be grabbed by middle class people who otherwise can not take advantage of the deals in the market. The stimulative effects of having to pay NO federal income tax this year would also provide a tax boon to states and cities that desperately need money to repair and build infrastructure and are already seeking bailouts of their own. The federal government has no business picking winners and losers. Let’s let hardworking American taxpayers make that decision."
"Secretary Paulson continues his unfettered spending spree and is driving our country further from the core capitalist principles on which it was founded. His and the Fed’s bailouts in the past few months have set a dangerous and unmistakable precedent to nationalize or socialize banking, insurance, and investment firms; and now car companies and other industries, states and cities are also lined up with hands out. I am proposing that we end the giveaway power of Sec. Paulson and the Fed immediately and declare that taxpayers will pay no 2008 income taxes. We should then return all amounts individuals have already paid this year," said the concerned Texas Congressman.
"Can you get your head around the idea of each taxpayer receiving back in the next few months every dime they have paid in income taxes for 2008? Can you imagine the incredible surge in the economy - the cars that will be bought, the houses bought and built, the mortgages paid up, the credit cards paid off, and Christmas presents bought? There are great values on some stocks that could then be grabbed by middle class people who otherwise can not take advantage of the deals in the market. The stimulative effects of having to pay NO federal income tax this year would also provide a tax boon to states and cities that desperately need money to repair and build infrastructure and are already seeking bailouts of their own. The federal government has no business picking winners and losers. Let’s let hardworking American taxpayers make that decision."
