Sunday, July 3, 2011
Republican presidential candidate Michele Bachmann suggested yesterday that she would support imposing a moratorium on the federal income tax as a way to boost the economy. ...
Her comments on the income tax came in response to a question from Don Gorman, a former New Hampshire state representative from the Libertarian Party. Gorman asked Bachmann to comment on his suggestion to improve the economy: "Put a moratorium on the entire income tax for one year for every citizen in this country and watch this country take off."
"That's awesome," Bachmann responded. "You will be happy to know that a colleague of mine from Texas, [Representative] Louie Gohmert, gave that suggestion." Bachmann said Gorman's prediction about the proposal's effect on the economy was on target. "If we would have allowed every American to take that much more money home in their pockets, what would they have done?" Bachmann said. "They would have paid their bills. They would have spent it. They would have grown their businesses. They would have grown the economy."
For more, see Forbes, Michele Bachmann On Board With Tax Holiday.