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Tax Refunds That Must Be Donated To Political Parties?

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Posted on January 28 2010 10:59 am
Liz Blaine is a financial analyst, author and freelance writer on finance, economics and politics. Follow her on Twitter and her blog Liz Blaine.
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By: William M. Briggs

 In a 27 January Wall Street Journal article, the pair [ Professor Bruce Ackerman and Representative David Wu] suggest giving every citizen who files a tax return $50 with which they must donate to “federal candidates.” Actually, they didn’t say “must.” They said “could.” But if it’s not “must”, most people will not donate: what family wouldn’t like an extra hundred bucks back? It must be “must.”

They also did not say where the money would come from for those who are not due a refund. Presumably—in the ever-numbing interest of fairness—these folks would be given the money gratis. That money would have to be taken from those who have it and given to those who do not.

Read more at wmbriggs.com

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