Saturday, August 11, 2007

It Is August, Where's Our Stupid Tax Holiday Bill?

On a day in which the Louisville Courier Journal wastes valuable ink setting the stage for an editorial calling for tax increases to fund crayons, notebooks, and clothes for schoolchildren, I have a question.

When will someone file another bill "giving" Kentucky parents a back-to-school sales tax holiday?

Rather than feel-good legislation though, wouldn't it be better if we repealed corporate income taxes across the board for the whole year? Consumers wind up paying them anyway, in addition to business compliance costs and avoidance techniques.

Bad tax policies hurt everyone in the state. Dropping sales tax on a few items for one weekend each fall does nothing at all to improve that.