Monday, July 7, 2008

Simplify Tax Code to Boost Economy

In March, Congress passed the Recovery Rebates and Economic Stimulus for the American People Act of 2008. The bill was designed to stimulate the sluggish American economy.

In Sunday's Worcester Telegram and Gazette, I proposed a better way to stimulate long-term economic growth. The T&G liked my letter so much it named it "Letter of the Week."

Simplify tax code to boost economy


U. S. Rep. James P. McGovern, D-Mass., said, “It’s their money and they need to decide how to spend it,” in response to the rebate checks currently being issued by Congress (“Found money,” Telegram & Gazette, June 26).

However, Mr. McGovern and his colleagues could better help the economy now and in the future by simplifying the tax code.

Americans have to waste millions of dollars and hours each year trying to figure out how to pay their high taxes.

Simplification of the tax code would leave more hard-earned tax dollars in taxpayers’ pockets, leading to higher economic growth and negating the necessity of these election-year economic stimulus packages.


1 comment:

Anonymous said...

Come on John, simplifying the tax code?? Are you crazy?? That would mean that the good ole' Congressman and his ilk would have no more shells to play thier little games with. The compliction benefits thier spending and during elections they get to hide behind the same complexity to confuse the voters. Don;t vote for any incumbant, ever!!!

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