Congressman Gohmert urges convert rest of bailout into tax holiday for Main Street
Monday, December 1, 2008 at 6:43PM
Rep. Louie Gohmert (left) hugs Addalyn Thrasher,daughter of fallen Customs and Border Protections officer Clint Thrasher. Thrasher's wife Rachel stands to the right. Clint was honored during National Police Week. [Photo by SPA D.B. Wagner, Customs and Border Protection; Rep. Gohmert website.](Washington, D. C.)--U.S. Congressman Louie Gohmert (R-Tex.) has a capital idea just in time for Christmas—use the last $350 billion earmarked for the bailout to benefit U.S. taxpayers. Gohmert wants to to put that money towards a tax holiday from both personal income tax and FICA tax for Americans during January and February, 2009. Gohmert’s next statement may garner a number of fans. He stated, "By instating a temporary tax holiday, we could electrify the American economy and provide overwhelming relief to taxpayers, all for less than the cost of the current failed Paulson-Pelosi bailout system. [W]e need to give this money to the people who earned it. I am sick of Washington millionaires trying to decide which of their cronies should get the next wad of taxpayer money…” And that’s not all. Gohmert recently proposed returning all 2008 income taxes to American taxpayers as a solution to boost the ailing economy. He said he believes taxpayers, rather than the government, should be using their hard-earned money to choose the economy's winners and losers.




