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Tuesday, December 15th, 2009

Will We Get an Income Tax Holiday?

December 9, 2008 by Miranda Marquit  
Filed under Finance

Will We Get an Income Tax Holiday?

It’s the end of the year, and many of us are starting to think about tax preparation. As soon as the new year hits, it’s tax season (my mom worked for H&R Block, so I know all about this). But what if we didn’t have to pay taxes?
What if we got an income tax holiday?
One of the Representatives in the House, Louie Gohmert (R.-Tex.) is introducing legislation that gives everyone a break from income tax and FICA tax for two months (January and February). This is an interesting piece of legislation. The idea is that we will all go out …read more


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