Michelle Muccio offers a simple commonsense stimulus plan:
I like it, suspending payroll taxes for a year would have a far more immediate effect than anything in the plan being rushed through congress.
Personally, my idea of a stimulus plan would be:
- Make the Bush Tax cuts permanent.
- Cut the corporate tax rate from the current 35% rate to 20%.
- Suspend payroll and capital gains taxes for one year.
What say you?
[…] The world’s hottest economist, Michelle Muccio, has created a bit of a stir with her simple commonsense stimulus plan, a one-year payroll tax holiday. […]