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Well, while sitting around here recovering from knee surgery I decided to get in on this thing. May be short time, who knows. I don't have one of them PH and D's in blogoscopy like some. Nor have I served an apprenticeship in the ABCW, Associated Blogoshpere Controllers of the World like others. It will probably be just plain old OJT.

TAXES, INCOME TAXES.

Had to pay this year. Not much just had to pay after all the money they took out of my check during the year. Even with all the 401K I put in. But I keep my refunds and pays close. The IRS is not a savings bank contrary to what some think.

Kids are grown and gone. Finally got the house paid for last year, we live in a moderate middle income house type. Now you get to pay to maintain, and always pay increasing property taxes. Still, it's too much to pay for middle income people.

Problem is if the Congress does not make the Bush tax cuts permanent or at least extend them most middle income tax payers tax bill will increase in a few years. Top that off with the promise that if either Democrat presidential candidate gets elected they have said they will increase government spending and increase your taxes. Capital gain taxes affects the middle class and retirees. In fact haven't heard this years Republican candidate definitely say they would cut taxes, or not raise them for that matter.

Well those that think they don't pay enough taxes have a golden opportunity to back a bill right down their alley. On April 10th the "Put Your Money Where Your Mouth Is Act" was submitted by Congressman John Campbell. Built into this bill, a line would be added to the form 1040 that would allow them to "contribute" as much tax as they would like over the amount that has been computed. Furthermore, they can make it known to direct the money to be spent rather than just pay down the deficit. Under this bill, all those people who want to see the Bush tax cuts repealed could easily pay that extra tax. Shouldn't they lead by their own example? Just put back all that tax deduction plus all the extra they have.

Yep, all those that agree with ever increasing wasteful tax and spend can contribute all the more taxes to show us they mean it and they can fund whatever Congress request to fund with their contribution. If fact Hillary Clinton was invited to be at the press conference to introduce the bill. Guess she was too busy.

Think it will happen? Well, I wouldn't hold your breathe, or wait for hell to freeze over.  Huckabee tried it in Arkansas. They got an extra $1100. $1000 from a rich citizen.

We all should not mind paying for things needed to operate a correctly run Constitutional government. This government is extremely wasteful. You want to pay more and more to a system that waste $0.45 of every dollar before it gets to where it goes be sure to make those contacts to make this bill happen. There was almost $100 billion of bipartisan earmark, pork barrel, bridge to nowhere spending the last two years. That needs to be prohibited with severe penalties if found out.

 'A government big enough to give you everything you want, is big enough to take everything you have.' ........ Thomas Jefferson

http://www.cato.org/pub_display.php?pub_id=9224

 


Comments


  • Alright zale. I was taking the "you" as me.
    Thanks.

    April 20, 2008 at 2:14 p.m.

  • I don't know where you get that I think it is okay to spend on anything. Maybe you need to reread that I am saying those that do should push this bill.  A correctly run Constitutional government does not spend on everything but in fact spends much less and on greatly less than it does now.

    April 19, 2008 at 6:16 p.m.