White House press secretary Jay Carney recently made it clear the president wishes he paid more in taxes, and Buffett has also advocated for tax hikes on the rich.
“If Warren Buffett and others truly feel like they’re still not paying enough in taxes, they can use this Buffett Rule to put their money where their mouth is and voluntarily send in more to pay down the national debt, rather than raising taxes on hard-working Americans,” Scalise said.
“Liberals in Congress and the White House continue to call for more revenue. Here is their chance, but the only prerequisite is that donations that come from the Buffett Rule Act are strictly voluntary and are used to pay down our massive debt, not to fund more irresponsible spending,” he added.
Americans can already donate more money to the Treasury. Scalise’s and Thune’s legislation, however, would add a box to IRS filing forms to make the process even easier.
Read more from this story HERE.