GOP Rep. Michele Bachmann Endorses Idea for a One-Year Federal Income Tax Holiday for All Americans

GOP Rep. Michele Bachmann has reportedly endorsed the idea of a one-year Federal Income Tax Holiday for all Americans. She apparently made the comments during a Q & A session in New Hampshire recently:

FORBES: Republican presidential candidate Michele Bachmann one-upped the competition when instead of sticking with the routine “no new taxes” mantra being recited, she suggested “no taxes.”

Well, not forever.

Bachmann indicated that she would support a one year moratorium on federal income taxes.

Wow, right?

Bachmann made the comments in response to a question posed by Don Gorman, a former state representative for New Hampshire and considered “the most-elected libertarian in the country.” Gorman asked Bachmann what she thought about his suggestion to:

Put a moratorium on the entire income tax for one year for every citizen in this country and watch this country take off.

Bachmann called the notion “awesome” and went on to say that if taxpayers could keep their own money, it would been great for the economy:

If we would have allowed every American to take that much more money home in their pockets, what would they have done? They would have paid their bills. They would have spent it. They would have grown their businesses. They would have grown the economy. . . . . Read More

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