I first floated this particular proposition back in the summer of 2008 and at the time, it did not draw any comments at all. But that was then and this is now. The so-called “Bush tax cuts” are set to expire and Republicans, together with more than a few panicked Democrats, are bucking the Obama administration and pushing to keep the Bush tax rates in place beyond their expiration on December 31.
President Obama opposes this initiative, particularly for those in the upper income brackets.
So Mr. President, I have a test of your sincerity on this subject. According to information from your 2009 tax return, you and Michelle had income of about $5.5 million. In very simple terms, your tax liability on that income using current tax rates was about $1,890,000. But if the Bush tax rates had not been in effect, if your tax liability were calculated based on the rates you believe we should have been paying all along, your tax liability would have been about $2,145,000; a difference of $254,900.
So write a check for that amount, Mr. President, and send it to the following address:
Gifts to the United States
Department of the Treasury
Credit Accounting Branch
3700 East-West Highway, Room 6D17
Hyattsville, MD 20782
This office exists because in 1843 the Congress enacted a law making it possible for patriots such as you and Michelle to voluntarily give money to the United States. If you feel that you are being under-taxed, you can simply make up the difference on your own – without having to wait for the Congress to change the rates. What a great way for you to lead by example.
And here’s the best part, Mr. President. You can spread the word to all your rich liberal friends to do the same thing. That way, the rich, which must include people in your rarefied circles, can pay their “fair share,” as you call it, irrespective of what Congress does.
But you’ll forgive me, sir, if I don’t hold my breath waiting for you or Steven Spielberg or Al Gore or any of you elite liberals to voluntarily write any checks. No matter what the tax rates are, all of you are going to do what you’ve always done; employ your respective armies of tax lawyers and accountants to do everything possible to minimize what you pay. Meanwhile, you’ll keep pandering to the Democrat base by demanding that some amorphous cohort of white Republican rich people – who are in greater reality guys who own car washes, insurance agencies, auto repair shops and plumbing companies – hand over their money instead of keeping it and spending or investing it as they see fit.
If you and your elite liberal colleagues won’t lead by example on this Mr. President, you have zero moral standing to make demands on those that actually produce income and pay taxes.
And that’s why your party is going to lose badly in November, sir, and why your presidency is, for all intents and purposes, finished.