TENNESSEE TAX TALK: “Sen. Lamar Alexander’s proposal to give Americans the option of paying a federal ‘flat tax’ instead of an income tax has drawn criticism from two of his prospective Democratic opponents.”
Meanwhile, there’s this:
Congressman John J. Duncan, Jr. (R-TN) voiced his continued support for middle class Americans by signing onto legislation earlier this week giving the wealthiest taxpayers the option of returning more of their incomes to the federal government.
The legislation, H.R. 5783, the “Put Your Money Where Your Mouth Is†Act, amends the U.S. Tax Code to allow citizens to make voluntary donations above their normal tax liability to pay for federal government programs. The legislation was introduced on April 10 by Congressman John Campbell of California. . . . Wealthy liberals like Barbra Streisand and Warren Buffet have frequently complained that taxes are too low. This bill gives them the opportunity to voluntarily pay more taxes.
I’d rate prospects for passage as poor (and can’t you already pay voluntarily?), but prospects for amusement as pretty good.