Sing it loud and sing it often:
Congress should cut the top marginal tax rate for individuals as its newest stimulus, Sen. Jim DeMint (R-S.C.) said Tuesday.
The conservative senator said that not only should the Congress keep in place the tax cuts enacted earlier this decade by President George W. Bush, but also cut the top rate even further.
“What we need to do is what I’ve proposed and many Republicans is, first of all, we stop this tax explosion that’s scheduled for next year,” DeMint said during an appearance on Fox News. “The Bush tax cuts expire. Every tax that you can think of goes up — capital gains, alternative minimum, marriage penalty. It all comes back into play.”
I find it terrifying that he is serious, and I wonder what noted climatologist Sarah Palin thinks about this idea.