Put Your Money Where Your Mouth Is

Posted: Apr 08, 2008 4:21 PM

On Thursday, I will officially roll out my “Put Your Money Where Your Mouth Is” Act, in a press conference in Washington D.C.  This bill will amend the Tax Code to allow individuals to make voluntary donations to the federal government above and beyond their normal tax liability, and actually put a line on the IRS tax form to make it easier to make donations. 

Last week, Presidential Candidate Senator Hillary Clinton stated that "We didn't ask for George Bush's tax cuts. We didn't want them, and we didn't need them."

On Monday, the Wall Street Journal printed an editorial that proclaimed:

“If the former first lady feels so strongly that she should pay more taxes, we suggest she lay off the middle class and instead write a personal check to the U.S. Treasury for the difference between the Clinton and Bush tax rates."

It’s time Senator Clinton and other high-profile liberals like Senators Hillary Clinton (NY) and Barack Obama (IL), Warren Buffett, and Barbra Streisand who have publicly stated that Americans should pay more taxes, to put their money where their mouth is.