Who'da thunk it? The IU Student Association is pushing for legislation that would produce an almost-conservative plan for getting folks to spend money and boost the economy:
The bill will provide a “sales tax holiday” at the beginning each school semester and will take the sales tax off school items such as supplies, textbooks, computers and clothing for three full days.
“This bill is not just for Indiana students, but is also a stimulus package for Indiana families,” said senior Mark Reid, assistant director of Legislative and Governmental Relations for IUSA.
So, let's see. If the tax is taken off those items, they will be cheaper, so people will be more inclined to buy them? That the way it works? Well, then, let's just take that a little further. Eliminate the sales tax on everything all the time, and people will buy a lot more. And if we eliminate the income tax, people will have more income with which to buy things. Eliminate the gas tax, and people will drive more, needing replacement cars sooner. Eliminate the property tax, and watch the real estate maket boom. As a matter of fact, let's just eliminate all taxes on everything and have a completely tax-free economy. What a stimulus plan!
Sorry. Got a little bit carried away there. A little overstimulated, I guess.
