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It’s All Part of My Stimulus Fantasy

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This amendmentto the economic stimulus bill passed by the House and now being considered by the Senate, submitted by conservative icon-in-the-making Sen. Jim DeMint (R-S.C.), was breathtakingly bold. The gist, from Sen. DeMint’s Website:

o Permanently repeal the alternativeminimum taxonce and for all;

o Permanently keep the capital gains and dividends taxes at 15 percent;

o Permanently kill the Death Tax for estates under $5 million, and cut the tax rate to 15 percent for those above;

o Permanently extend the $1,000-per-childtax credit;

o Permanently repeal the marriage tax penalty;

o Permanently simplify itemized deductions to include only homemortgage interestand charitable contributions.

o Lower top marginal income rates from 35 percent to 25 percent.

o Simplify the tax code to include only two other brackets, 15 and 10 percent.

o Lower corporatetax rate as well, from 35 percent to 25 percent.

This got the support of all but five Senate Republicans.

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About The Authors

Cody Parker

Cody Parker- Cody Parker is a passionate gamer and esports enthusiast with over a decade of experience in the gaming industry. He began his career as a competitive player, competing in a variety of games including first-person shooters, MOBAs, and strategy games. With a deep knowledge of gaming strategy, mechanics, and trends, Cody transitioned to the world of esports journalism, where he has established himself as a trusted and respected voice in the industry. As a writer and analyst, Cody has covered some of the biggest esports events in the world, providing expert analysis and insights into the latest trends, strategies, and players in the scene. His work has been featured in some of the biggest esports publications, and he has appeared as a guest commentator on numerous esports broadcasts. Cody is committed to providing his readers with the most informative and entertaining esports content possible, and is always on the lookout for new trends, developments, and strategies in the industry. Whether you're a casual gamer or a dedicated esports fan, you can count on Cody to bring you the latest and greatest insights from the world of competitive gaming.

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