Bill would cut the DoD's budget and use that money to make first $35,000 each American earns tax
 

Rep. Alan Grayson Introduces the "War Is Making You Poor" Act

The bill would cut the DoD's budget and use that money to make the first $35,000 each American earns tax-free.

Last week, as Congress prepared to pass yet another ?emergency? spending bill to cover America?s costly operations in Iraq and Afghanistan -- to the tune of $159 billion this time around -- Rep. Alan Grayson, D-Florida, introduced a bill that would force the Pentagon to pick up the tab out of its ample regular budget.

The War Is Making You Poor Act is elegant in its simplicity. Instead of financing these longstanding conflicts outside of the regular budgeting process, where they?re not factored into deficit projections, Grayson?s bill would make the DoD work within its means, and the money would instead be used for an across-the-board tax cut that would make the first $35,000 each American earns tax-free. (You can go here to tell Congress that you support the War Is Making You Poor Act.)

?The purpose of this bill,? wrote Grayson last week, ?is to connect the dots, and to show people in a real and concrete way the cost of these endless wars.? It?s not just the costs of active shooting wars; with hundreds of bases overseas, as far as the defense budget is concerned Americans have been on a permanent wartime footing, to varying degrees, since Pearl Harbor was attacked in 1941. ?War is a permanent feature of our societal landscape,? wrote Grayson, ?so much so that no one notices it anymore.?

More: http://www.alternet.org/news/146973/...u_poor%22_act/

I read some articles about how some people are profiting on war. I think war could have different effects on different people.

Would be nice.

queue the conservatives... "that bill demonstrates that Democrats don't get it and are weak on national security"...

Isn't that the same dude that came up with the Republican health plan presentation--one part of the "plan" including "Die Early"?

:2 cents::2 cents::2 cents::2 cents:

I wouldn't mind seeing the math on this.
The first 35K is pretty tax free already with the current marginal tax rates:
10% first 8K
15% 8-34K

So we're talking about 5K per person who makes at least $35K (less for those who make less)