3 Million Ecstatic Car Winners
To the Editors:
Let's forget the $12 billion tax rebate proposal as an economic stimulus. Instead, the Federal Government should use the money to purchase 3 million new cars at $4,000 each and give them away in a national lottery. Assuming an average annual salary of $12,000, the outlay would keep 1 million workers employed for a year. In addition, the tax revenues generated by the automobile-company profits, the taxes levied on the winnings and the workers' salaries would return a substantial portion of the "investment" to the Federal...
To continue reading:
or
Log-In
