Gohmert Plan Update
Posted on : 16-12-2008 | By : Jim Lynch | In : Economics, Featured, House
Tags: House of Representatives, HR 7309, Newt Gingrich, Rep. Louie Gohmert, Tax Holiday
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There is now a bill in the House that calls for the suspension of employment and income taxes during the first two months of 2009. The bill, H.R. 7309 (search for HR7309 and “bill number”) introduced by Rep. Louie Gohmert, has the following co-sponsers:
Rep Akin, W. Todd (MO-2), Rep Bachmann, Michele (MN-6), Rep Barrett, J. Gresham (SC-3), Rep Bartlett, Roscoe G. (MD-6), Rep Blackburn, Marsha (TN-7), Rep Broun, Paul C. (GA-10), Rep Burton, Dan (IN-5), Rep Carter, John R. (TX-31) Rep Culberson, John Abney (TX-7), Rep Drake, Thelma D. (VA-2), Rep Feeney, Tom (FL-24), Rep Flake, Jeff (AZ-6), Rep Franks, Trent (AZ-2), Rep Garrett, Scott (NJ-5), Rep Gingrey, Phil (GA-11), Rep Hall, Ralph M. (TX-4), Rep Issa, Darrell E. (CA-49), Rep Johnson, Sam (TX-3), Rep Kline, John (MN-2), Rep Lamborn, Doug (CO-5), Rep Linder, John (GA-7), Rep Mack, Connie (FL-14), Rep McCotter, Thaddeus G. (MI-11), Rep McHenry, Patrick T. (NC-10), Rep McMorris Rodgers, Cathy (WA-5),
Rep Myrick, Sue Wilkins (NC-9), Rep Neugebauer, Randy (TX-19), Rep Paul, Ron (TX-14), Rep Pence, Mike (IN-6), Rep Pitts, Joseph R. (PA-16), Rep Poe, Ted (TX-2), Rep Price, Tom (GA-6), Rep Sali, Bill (ID-1), Rep Sessions, Pete (TX-32), Rep Shadegg, John B. (AZ-3), Rep Westmoreland, Lynn A. (GA-3), Rep Young, Don (AK).
Here is Rep. Gohmert on Fox News:

It is a nearly 17 minute segment, but it answers quite a few questions about the proposal and is well worth watching.
Brad Warbiany at The Liberty Papers included this in his letter to his congressman.
Allowing workers to see, even if only for two months, what their paychecks would be like without the greedy hands of IRS withholding would go a long way towards generating political support for the extension of the 2001/2003 tax cuts. This would again help our economy.
Newt Gingrich explains why the Gohmert Plan is better than a bailout.
Where the Pelosi-Paulson plan takes the taxpayers’ money and puts it under the government’s thumb so that predatory politicians and micromanaging bureaucrats have more and more control over the American economy, Congressman Gohmert’s plan puts the money back into the pockets of the American people and allows them to choose.
In the Pelosi-Obama model, Washington politicians and Washington bureaucrats decide which auto companies to save and with how much money in huge taxpayer-funded checks (bringing with them politician oversight and bureaucratic micromanagement in a manner guaranteed to kill entrepreneurial innovation and market-oriented flexibility).
In the Gohmert model of empowering the American people, you — not some bureaucrat — decide which auto companies ought to prosper by your decision about which cars you want to buy. If Washington wants to develop a better energy-environment strategy by having a tax credit for buying electric cars or hybrids or flex fuel cars, that changes the incentives for both customers and manufacturers but keeps the playing field fair and market oriented by letting you decide which product you want to buy.
In this citizen-empowerment model, you the customer pick the winners and losers and you have the power to decide where to spend your money and which innovations fit your values the most.
And there’s more: Under Gohmert’s idea, you don’t have to buy a car. If you need the money for your mortgage, a child’s college tuition or maybe even to save for a rainy day you can do it.
You can still sign the online petition sponsered by Human Events and RedState.
I urge you to contact your representatives and to spread the word.













Unfortunately, the embedded video has been removed.
My question is this: Does this bill mean that income earned in the first two months would not be subject to taxation, or simply not be subject to tax withholding?
According to the Fox interview, and the text of the bill, the income earned would not be subject to taxation. There wouldn’t be a surprise in April of 2010.
[...] Jim Lynch of bRight & Early, I heard about Representative Louie Gohmert’s (R-TX 1) proposed bill, currently HR 7309, [...]