In honor of tax day, I have some thoughts on Mr. Obamaâ€™s call for higher taxes on the â€śwealthyâ€ť in order to get our fiscal house back in order. On Wednesday, President Obama visited the GW campus,Â statingÂ that “one of the reasons I kept the government open was so I could be here today with all of you.” Well, I wish you hadn’t Mr. President.Â AtÂ a time when Republicans are proposing a serious debt reduction plan that reforms the governmentâ€™s problems, Obama’s only plan is to tax the so-called “rich”. Obama stated that “the most fortunate among us can afford to pay a little more. I donâ€™t need another tax cut. Warren Buffett doesnâ€™t need another tax cut.” Well I am sorry if I don’t see the connection between my parents who own a small business and earn just over Mr. Obama’s “rich” limit ($250,000)Â and the richest man in the world or the President of the United States. Â Mr. Obama states that the wealthy “want to give back to the country thatâ€™s done so much for them, Washington just hasnâ€™t asked them to.”
So I have a plan. Have the IRS create a donation check box on the bottom of the tax form where anyone can donate more than the required amount by law. Hell, set up a tier system as an incentive, so that some can be “Platinum Level Donors” or â€śGold Level Donorsâ€ť where they can get a free t-shirts for different amounts. If all these people are lining up to give more in taxes and just havenâ€™t been asked, I think this is a great approach to test out Mr. Obamaâ€™s theory. But I suspect that what the president said just isnâ€™t true, and that this is just one more instance of Mr. Obama blowing smoke up the skirt of the American people.