Sales Tax Weekend is a Brilliant Way to Jumpstart the Sluggish Economy

What a concept! Have a special weekend when the state won’t take their five percent cut of any purchase in a store…advertise it heavily and then the merchants pick up and advertise it. And pretty soon every store in the state is full of eager shoppers, wanting to spend money, finally splurging on those items they were going to buy but needed a little push.

This idea is brilliant….and the lines at Home Depot and Costco prove that this is truly the way to stimulate an economy. Forget about having the IRS mail out 60 million letters then mail out $600 or $1200 checks, this is the way. Just remove the state tax and people will spend, spend, spend, until they’re spent.

The legislatures of other states have chickened out…deciding that they can’t afford this two-day sales tax holiday. Thank heavens our state politicians didn’t get cold feet and let this festival of capitalism take place. This is a stimulis package that doesn’t cost as much as what the feds did, but I think the results will be more impressive for these two days than for all that money the US treasury mailed out in rebates.