Re-introduced as SB04201501, the senate is currently debating the merits of an additional 15 days being added to the calendar. The house has a similar version which is expected to be debated in committee before coming to a vote on the floor.
The federal government is considering this as a way to generate new tax revenue. With an additional 15 days in a calendar year, the increase in taxable income will go up, therefore netting the feds an additional 4%. The monies would be earmarked to pay down the national deficit.
Many other benefits can be noted as well. With just over 2 additional weeks each year, incomes will rise accordingly. The bill also states that there would not be the formation of a new month. That would increase the cost of living in the USA as most people would then have to pay 13 months of rent, mortgages, house payments, etc.
Another benefit is 15 additional shopping days in each year. I’m all for it, states Greg Kempel of Maple River Winery in Casselton, ND. This would mean an increase in annual sales for our company. Of course, an increase in sales also means increased revenues for our local and state sale taxes, Kempel stated.
Marlo Anderson, the co-founder of NationalDayCalendar.com is in favor of the new bill as well. I am hopeful that congress adds an additional National holiday so we could enjoy another 3 day weekend each year.
Opponents state that the people in this country are already sleep deprived and this would just make the issue worse. Also, the cost of converting and replacing time pieces has not been estimated yet and may be higher than some will be comfortable with spending. What kind of value will my Rolex have if it does not keep accurate time, states Brian Reinbold. I have a few dollars invested in this watch and if congress enacts this bill, will it just become worthless?
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