Thursday, November 29, 2007

Political Gimmickry Gone Wrong

Rep. Jim Glenn has dredged up the old "sales tax holiday" gimmick House Dems try to run up the flagpole every year. Special wrinkles in the bill remove some of the good from previous bills, namely computers, and add a bunch of junk retailers won't be happy with.

Other states attempt to hype these "sales tax holidays," which provide little or no real savings and serve mainly to shift, rather than create, economic activity. A real tax cut would be much, much better than this waste of time.