Friday, August 04, 2006

Do Some Good: Income Tax Holiday

This weekend, several states are putting on their Sales Tax Holidays. In retail, ten percent discounts are routine for the asking and these marketing stunts -- complete with legislative lobbying and yammering politician support -- provide little of real value to consumers.

You want to do some good? How about an income tax holiday for regular income and commissions? Exempt bonuses, but give the folks a break where it counts.