Suspend the Payroll Tax as Fiscal Stimulus

Rebel Economist video on The People’s Stimulus

A new video from “Rebeleconomist” (Michelle Muccio). She poses the question: who’s better at spending your money, you or the government? Enjoy.

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3 comments to Suspend the Payroll Tax as Fiscal Stimulus

  • Great post. I will read your posts frequently. Added you to the RSS reader.

  • joanbob

    The people in this video probably don’t have much of a federal income tax liability, but it’s another story for their payroll taxes. This is such a great idea because it would provide more immeduate stimulus to the economy. It wouldn’t establish more federal programs or bureaucracies, which are impossible to abolish once they’re there. Unfortunately, a payroll tax holiday wouldn’t reward pet constituencies of the present party in power, so it’s not going to happen.

  • Econophile

    Isn’t any tax cut good if it leaves money in the hands of the people?