Ravenwood - 06/22/05 06:00 AM
Deroy Murdock says that the President ought to create a way for undertaxed liberals to give more of their money to the government.
President George W. Bush's bipartisan Advisory Panel on Federal Tax Reform should propose a measure to assist a neglected segment of society: the avowedly under-taxed. The H.O.T. Tax, or Higher-rate Optional Tax, would give those who think their levies are too low the ability to pay the steeper tax bills they say they deserve. This is the truly compassionate thing to do.Loyal readers of this web site may remember that this was covered years ago, with the Voluntary Tax Refund Forfeiture form (PDF). Liberals who don't want their tax cut simply need to fill out the form and mail it in. They don't even have to wait until April 15th if they don't want to. Alternatively, if they don't support tax cuts from their neighbors, I encourage them to go door to door distributing the forms. People are usually home around dinner time.The H.O.T. Tax would offer relief to powerful Democrats and wealthy liberals who cannot stand it when Republicans cut their taxes.
(Hat tip to Kim du Toit.)
They already tried this in Massachusetts. We have a box on our state income tax forms where you can pay at the current amount, or at the higher amount before the rate was cut. Oddly enough, only about 300 or so people ever put their money where their politics are. Usually, when called on their hypocrisy, the left whines that it "isn't fair" for them to shoulder the higher tax burden by themselves, since "we all benefit" from government and should all happily bankrupt ourselves. It'll never pass.
Posted by: Ripper at June 22, 2005 2:10 PM(c) Ravenwood and Associates, 1990 - 2014
