Post by nathanael on Oct 17, 2008 7:10:15 GMT -7
In his "debate" with Joe the Plumber, Sen. Obama has ruled out the sales tax, stating that "it would need to be very large." My feeling is that Sen. McCain should jump on this opportunity and endorse the sales tax! The American people are being bombarded with stories of gloom and doom. Many have began to stuck dollars in mattresses, for they mistrust banks. But at this early stage of the crisis, most people still have the capacity to pay 40 percent sales tax ... if they were assured that it would save the economy! Why not give this idea a second look? A sales tax would generate enormous amount of revenue to create new jobs and to make a dent in national debt. Even by most conservative estimate, a 40 percent sales tax would generate a billion per day, or 30 billion a month. Could this not help the economy? I think it could create as much as 40 to 50 thousand jobs each month even if it costs 20 thousand to create a job! Maybe, just maybe, the "uneducated" Joe the Plumber is more right than the "overeducated" Sen. Obama!