SB51

DDaff

 SB-51


 * Sponsors-** DDaff: Connecticut: Democrat, CPeevler: New Jersey: Democrat


 * Issue Category and Bill Title-** The issue Category is Economy, our Bill Title - High Government Taxes Hurt The Economy


 * Purpose-** Our bill is trying to accomplish getting the Government to lower Taxes on very common items.


 * Eligibility-** Our bill applys to the people of the US. The reason for this would be the Government Taxes take peoples money when they work or the Government raises the money on items people buy.


 * Terms And Benefits-** Our Bill is going to work by trying to lower the amount of money the Government Takes, or puts on the sales price of items. THIS BILL WILL MANDATE A 15% ACROSS THE BOARD TAX CUT ON ALL LOCAL, STATE, AND FEDERAL TAXES. THEN we are going to go to peoples house and ask them how many things that they buy daily and how large the prices have rasied. after we survey all these pople we are going to go to the Government and show them this survey hopefully they will see how much they have been rasing taxes and see how much that they are actually hurting the economy of the United States of America. TAXES WILL BE ADJUSTED IN LATER YEARS BASED ON THESE STUDIES


 * Fiscal Impact-** It will cost a lot on the Government, around 15% OF REVENUE. THIS WOULD BE OFFSET BY PROGRAM CUTS


 * Resources-**
 * 1) "» Greece’s Problem Is High Tax Rates, Not Tax Evasion." //- Big Government//. Web. 21 May 2010. [].
 * 2) "Tax." //Wikipedia, the Free Encyclopedia//. Web. 21 May 2010. [].
 * 3) //The Online Office of Congressman John B. Larson//. Web. 21 May 2010. [].
 * 4) //Senator Sherrod Brown | Senator for Ohio: Home//. Web. 21 May 2010. [].
 * 5) "Matthew Yglesias » The High Cost of Low Taxes." //Matthew Yglesias » Home Page//. Web. 21 May 2010. [].
 * 6) Carroll, By Robert. "The Tax Foundation - The Economic Cost of High Tax Rates." //The Tax Foundation - Educating Taxpayers Since 1937//. Web. 21 May 2010. [].
 * 7) "Why An Income Tax Is NOT Necessary to Fund the U.S. Government." //Devvy's Project -- Home//. Web. 21 May 2010. [].
 * 8) "Economy." //Wikipedia, the Free Encyclopedia//. Web. 21 May 2010. [|http://en.wikipedia.org/wiki/Economy.//Economic//] Analysis, Data,
 * 9) //and Forecasting and Credit Risk Management :: Moody's Economy.com//. Web. 21 May 2010. []
 * 10) //New Jersey Local News, Breaking News, Sports & Weather - NJ.com//. Web. 21 May 2010. [].