Chuck Woolery Has Solution For Warren Buffett And Matt Damon’s Concern About Low Taxes
My crack team of researchers has found a provision in the U.S. tax code that allows you to pay more in taxes. On page 88 of the IRS tax preparation manual, you’ll find directions on how to do just that. You don’t need to wait for Congress to act. You, my fellow Americans, can be an agent of change. Just make your check payable to ‘The Bureau of Public Debt’ and mail your easily acquired and ill-gotten gains to ‘Department G, P.O. Box 2188, Parkersburg, WV 26106’ …Please note: your contribution to help pay off the debt may be tax deductible!
There we go! Problem solved!
The Bureau of Public Debt
P.O. Box 2188
Parkersburg, WV 26106
You can also make a contribution online via credit card, checking or savings account! Details here.
Taking a quick gander at the total gift contributions to reduce debt held by the public, it would seem that Warren, Matt and their pals have NOT been doing their part:
Only ~$2.5 million? Step it up, folks. As of September 12, 2011, the total public debt outstanding stood at $14,688,259,374,281.24.
Again, why isn’t the IRS cold-calling these people? These are the Glengarry leads!
And, well…there is, of course, this one, little twist.
From a February 2009 Wall Street Journal Op-ed, entitled “The 2% Illusion: Take everything they earn, and it still won’t be enough:”
But let’s not stop at a 42% top rate; as a thought experiment, let’s go all the way. A tax policy that confiscated 100% of the taxable income of everyone in America earning over $500,000 in 2006 would only have given Congress an extra $1.3 trillion in revenue. That’s less than half the 2006 federal budget of $2.7 trillion and looks tiny compared to the more than $4 trillion Congress will spend in fiscal 2010. Even taking every taxable “dime” of everyone earning more than $75,000 in 2006 would have barely yielded enough to cover that $4 trillion.
Read that last line again.
NEWSFLASH: When President Obama made the case for his expansive domestic agenda and claimed we need merely end “tax breaks for the wealthiest 2% of Americans,” to pay for it and that households earning less than $250,000 won’t see their taxes increased by “one single dime,” he lied.
ATTENTION MIDDLE CLASS AMERICANS: If President Obama has his way, and is elected to a second term, your taxes are going to go up.
Read it again. Hate to be the one to tell you.
This, of course, may be the case — but, maybe not — should any other candidate be elected next go-around, but it’s a guarantee with Obama. Just giving you a heads up. Don’t want you to be surprised. There’s still time to not vote for him again.
Or, you can just break out your checkbooks now…