Wotka World Wide

Monday, April 06, 2009

Take a look at the Republican's alternate budget plan from the House of Representatives. It is a great departure from both the Democratic budget and Republican budgets from years past. While I applaud their moves, I wonder where these ideas were in, say 2005, before they squandered their Congressional majority.

I particularly like the idea for an alternate optional income tax plan that tax payers can switch over to, and which is greatly stream-lined. Probably won't happen though because it would put the tax preparers out of business (and save billions for individuals in the process, which they could then pump back into the economy). I also like the 25% corporate tax rate. That needs to happen sooner rather than later, and is the quickest and easiest thing we can do to convince companies to stay in or relocate to America.

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