The Tax Me More Act
April 11, 2008; Page A16
We recently suggested that if Bill and Hillary Clinton are eager to pay more taxes, they should write a personal check to the U.S. Treasury to compensate for the lower tax rates they so frequently decry. And lo, here comes legislation to make it easier for the former first lady and other pseudo-populists to do just that.
California Republican John Campbell yesterday introduced in the House his "Put Your Money Where Your Mouth Is Act," which would amend the tax code to allow individuals to make voluntary donations to the federal government above their normal tax liability. The bill would place a new line on IRS tax forms to make this easy.
Mr. Campbell says he has heard the "cries" of those wealthy Americans – Mrs. Clinton, Warren Buffett, Barbra Streisand – who reject the lower tax rates passed in 2001 and 2003 and complain that they and their fellow rich don't pay enough. "It's a great injustice that citizens wishing to fulfill their dream of paying more taxes cannot simply check a box on their 1040 form to make a donation," he says. His bill would give liberals a chance to salve their consciences without having to raise taxes on millions of Americans who already feel overtaxed as it is.
Still, don't expect many to take Mr. Campbell up on his offer. The Treasury already accepts voluntary donations to decrease the nation's debt; last year it received all of $2.6 million. Apparently even most liberals would rather keep their money, or bequeath their estates to charity rather than to the IRS.
See all of today's editorials and op-eds, plus video commentary, on Opinion Journal.
http://online.wsj.com/article/SB1207871 ... torialPage
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GO REP. CAMPBELL!
POLITICS - Put your Money where your Mouth is...
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- Old Ironsights
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POLITICS - Put your Money where your Mouth is...
C2N14... because life is not energetic enough.
מנא, מנא, תקל, ופרסין Daniel 5:25-28... Got 7.62?
Not Depressed enough yet? Go read National Geographic, July 1976
Gott und Gewehr mit uns!
מנא, מנא, תקל, ופרסין Daniel 5:25-28... Got 7.62?
Not Depressed enough yet? Go read National Geographic, July 1976
Gott und Gewehr mit uns!
I was talking to a friend at work today, he is a very nice guy, but a staunch
Hilldog supporter. He even said Obama was a "war monger" ROFL.
Anyhow, we were talking about his father leaving his assets and money to his
mother and he mentioned that his dad should have spread it around the family
so it wouldn't have been taxed so heavily. Go figure.
Hilldog supporter. He even said Obama was a "war monger" ROFL.
Anyhow, we were talking about his father leaving his assets and money to his
mother and he mentioned that his dad should have spread it around the family
so it wouldn't have been taxed so heavily. Go figure.
Jeeps
Semper Fidelis
Pay attention to YOUR Bill of Rights, in this day and age it is all we have.
Semper Fidelis
Pay attention to YOUR Bill of Rights, in this day and age it is all we have.
- Ysabel Kid
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