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Tuesday
Jun072011

Some Millionaires Request a Tax Increase 

Evidenitly a group of millionaires have sent a letter to President Obama, Senate Majority Leader Reid, and House Speaker Boehner requesting that their taxes be increased.  There are already opportunities for those who wish to make a gift (above and beyond tax obligations) to the US government.  Gifts can be made in different ways, for instance directly to the treasury.  Rest assured, if you make a gift to the US government, it is considered a charitable gift and therefore deductible. 

 

HT: Tax Prof Blog