It’s possible, anyway, when the parties can agree on mailing checks to voters during an election season. That’s the essence of the “stimulus package” now being negotiated in Congress. The details are in flux, but the one thing that appears certain is that while non-taxpayers will get “rebates” of taxes they never paid, those who pay the most taxes, i.e. those earning over $130,000, will get nothing.
Along with election-year cash, the plan will include some tax breaks for businesses that are intended to stimulate investment. These are probably a good idea. I wonder, though: if more money in the hands of taxpayers and lighter tax burdens on businesses are now urgently needed to rally a slumping economy, why wouldn’t it be a good idea to have lower tax burdens all the time?
I’m reminded of our friend Rudy Boschwitz, who, before he ran for the Senate, owned a successful business called Plywood Minnesota. One of the hallmarks of that company was its policy of never having sales, but rather, offering the best possible prices all the time. Its motto was something like, “Our best shot every day.” That’s a principle the federal government should consider following.
SCOTT adds: Rudy’s company has evolved into HomeValu, where he still gives customers his best shot every day.
-
-
Most Read on Power Line
Donate to PL
-
Our Favorites
- American Greatness
- American Mind
- American Story
- American Thinker
- Aspen beat
- Babylon Bee
- Belmont Club
- Churchill Project
- Claremont Institute
- Daily Torch
- Federalist
- Gatestone Institute
- Hollywood in Toto
- Hoover Institution
- Hot Air
- Hugh Hewitt
- InstaPundit
- Jewish World Review
- Law & Liberty
- Legal Insurrection
- Liberty Daily
- Lileks
- Lucianne
- Michael Ramirez Cartoons
- Michelle Malkin
- Pipeline
- RealClearPolitics
- Ricochet
- Steyn Online
- Tim Blair
Media
Subscribe to Power Line by Email
Temporarily disabled
Notice: All comments are subject to moderation. Our comments are intended to be a forum for civil discourse bearing on the subject under discussion. Commenters who stray beyond the bounds of civility or employ what we deem gratuitous vulgarity in a comment — including, but not limited to, “s***,” “f***,” “a*******,” or one of their many variants — will be banned without further notice in the sole discretion of the site moderator.