Friday, February 6, 2009

Tax Idea: A Compromise

Since there seem to be so many rich people who want to pay more taxes, I have a solution that I think everyone can live with - Just add a line to the bottom of the tax form for voluntary additional tax contributions. That way, big-tax proponents can give as much extra money as they want, and Reed Hastings, CEO of Netflix, has the opportunity to put that additional 15% of his salary into the government coffers. Why should everyone be forced to give more if the Hollywood stars and big tax elites are so eager to do so?

If such an option existed, then anytime a politician wants to raise taxes, the public could be given access to their tax record to see if they are practicing what they preach. After all, the recent revelations of Democrats not paying their taxes have come as a complete shock to me.

I would be interested to know if Mr. Hastings employs the use of a tax attorney to minimize his taxes owed, or if he claims any tax deductions.

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