So some people want to be taxed more
I read this article about a group of millionaires that feel they should be taxed more to pay for COVID-19 related issues. While I applaud their sentiment I have to say it is misguided. I do have questions though, specifically for the the 76 millionaires (as of when I looked on 3/29) that are based in the US and pay US taxes signers of the ' Millionaires for Humanity ' letter. Do you take tax deductions? The reason I ask if if you want to pay more taxes you wouldn't actually take any tax deductions. And yes I fully understand that would not produce nearly as much revenue as those signatories want to create, but the point is are they doing everything they can to live what they say they want or are they just talking? Those individuals could also make a simple 'gift' to the US Treasury Money deposited into this account is for general use by the federal government and can be available for budget needs. So voila make your gift to the government at your higher tax ra...