Monday, June 20, 2005

Optional Taxes - The Best Tax Idea Ever

I swear I came up with this idea over a decade ago. Provide individuals who love paying high taxes the opportunity to do so by choice. It is simply brilliant and upholds every principal America stands for - including individual choice, fairness, compassion for the less fortunate, safety nets and many more.

The IRS simply would add a small box to the 1040 tax form beside these words: “If you believe you should be taxed at a rate above that assigned to your income bracket, please indicate here the higher rate you prefer. Kindly calculate your tax liability, and send it in.”

Here's columnist Deroy Murdock on Higher Rate Optional Taxes.

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