Wednesday, October 05, 2011

Repugs Want You To Believe This Will End Income And Tax Disparity

GOP’s Alternative Buffett Rule: Voluntary ‘Tax Me More’ Check Box on IRS Form

"Having condemned President Obama’s “Buffett Rule” proposal to raise taxes on some millionaires as “class warfare,” Rep. Steve Scalise, R-La., proposed his own solution to billionaire Warren Buffett’s complaints that he paid a lower tax rate than his secretary.

Scalise said he plans to submit a bill Wednesday night that would add a line to the 1040 tax form allowing people who feel they do not pay enough income tax to opt-in to paying more.

“I wanted to make sure that there was an option out there on the IRS tax form for those out there who wanted to send more of their money into Washington to help pay down the deficit,” Scalise said. “It’s an idea that solves a few problems and ensures that taxes won’t be raised on America’s job creators.”

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