Tuesday, January 07, 2003

Thinking Out Loud

I know this may sound kind of Forbish (Maybe Mitch will even like it) but here's an idea.

I know that not all states have a sales tax, but how about a federal rebate of state sales tax for American purchases. This would stimulate the American economy, save consumers money, therby encouraging spending. At the same time, it would be a State aid bill since it is the Fed who would rebate the sales tax, while the States still get the revenue. Some formula would have to be determined to equalize the varying (or lack of) Sales tax.

Now THAT would be true, immediate, economic stimulus while still providing State aid!

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