HB+56

HB 56

__Title- Lowering taxes, and Government Spending__

Sponsors-Morgan Milner and Lauren Steele

Purpose: 1. to get lower taxes so that we will have money to spend on things that really matter 2. money needs to be saved in this economy

3. To get more jobs, used the saved money on getting new jobs 4. With lower taxes people will buy more stuff and there will be less jobs lost

Eligibility- 1.You can be lower, middle, or upper class to recieve these cheaper taxes 2. Government will give and pay taxes of there own 3. Has to have a work permit

Terms and Benefits- 1. The government will follow this bill clearly the way it is stated 2. People will pay the same tax 3. there will be more and more jobs open to people 4. Less and less people will loose jobs 5. EVERYONE SAVES MONEY

Fiscal Impact- 1. Income tax is going to decrease 10% 2. No sales tax on clothing 3. Decrease sales tax to 5%

prices- 1. No equipment needed 2. labor- $900,987,000- poeple money income 3. no energy resources needed 4. no education purposes needed 5. marketing- job campains $600,000 6. no transportation needed

Overall Price- $901,587,000