Friday, April 15, 2011

'Patriotic Millionaires' Demand Higher Taxes



As I've said many times on this blog, there is no need for such showboating to show how patriotic you can be, or to force that level of patriotism on others. Anyone in any income category (Warren Buffett and Bill Gates included) can make a non-tax deductible donation to their favorite charity of choice -- the US Government-- at the following address anytime they have cash they don't need:

Gifts to the United States
U.S. Department of the Treasury
Credit Accounting Branch
3700 East-West Highway, Room 622D
Hyattsville, MD 20782
http://www.fms.treas.gov/faq/moretopics_gifts.html

So I don't want to hear any more whining about how people are under-taxed. Time to shut your mouths, get out your checkbooks and take action -- help feed this endless spending machine that is modern-day Washington, DC. But I guarantee you this: no matter how much you donate, Congress will still spend more than it receives no matter how much the revenue increases, and you'll go broke long before the budget is ever balanced.

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