Tuesday, May 23, 2006

If Democrats Want Higher Taxes, Let Democrats Pay Higher Taxes

Democrats want higher taxes, and Republicans want lower taxes We can satisfy both of them. I propose a voluntary tax. The tax might fund debt reduction, or it could fund unnecessary expenditures and programs that seem to have a perpetual existence (for example, all congressional earmarks, the Netional Endowment for the Arts, and the National Endowment for the Humanities). Either way, the tax form would have a line for the voluntary tax. The line description could read, "If you favor higher taxes, enter $3,000 or 15% of your income tax before credits, whichever is higher, to add to your income tax". Better yet: "If you voted for a Democrat in the last election for President, enter $3,000 or 15% of your income tax before credits, whichever is higher, to add to your income tax".

The response to this voluntary tax will be lower than the checkoff for contributions to the presidential election campaigns.

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