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Website lets taxpayers redirect breaks
A group of academics has created a website where users can calculate how much the recently renewed federal tax cuts are worth to them and donate that amount to charity.
GiveItBackForJobs.org "is intended both to make it easy for those with extra moolah to donate and to send a political message that they are doing so," according to the ABA Journal.
Three Ivy League professors, a law student and a designer created the site out of opposition to the extension of tax benefits for the wealthy, the founders write on the site.
"GiveItBackforJobs enables joint action, by all visitors to this site, to redirect our Bush tax cuts to the wise and just programs that our government would promote if it had not been hijacked," they write.
"As more and more Americans do so, GiveItBackforJobs will begin to replicate good government policy, outside the government and free from the grip of Senate Republicans."
Users simply select their filing status (single, married filing jointly, etc.) and enter their adjusted gross income. The site calculates the tax savings under the law. The resulting amount can then be donated on the same page to Habitat for Humanity, the Salvation Army, the Children's Aid Society, Nurse Family Partnership, or a charity of the user's choice.
Those behind the site are Jacob Hacker, a political science professor at Yale University; Robert Hockett, a law professor at the Cornell Law School; Daniel Markovits, a law professor at Yale Law School; Will Gaybrick, a second-year law student at Yale; and Lukasz Lysakowski, an art director and designer living in the Bay Area.
"Ordinary citizens can, by acting together to create a shadow fiscal policy, correct this failure of government and set the country moving toward a just prosperity," the site's founders write.
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The problem is we don't pay enough taxes. Too many breaks for everyone. We're headed the same path as Mexico- no taxes-so no resources. The website is a good idea but won't generate tax revenue for the federal government.
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the world economy can restart to grow only if ALL the countries will invest money to start several thousands of new small-mid companies!!! http://x.co/L84R
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When do you stop texting and using your cell phone when driving a car or any other vehicule? If you are drunk and can't operate an vehicule, you are busted for D.U.I. When you text or are on your cell while driving and there Is an accident, you really weren't paying attention to "driving a car". When did texting, cell phones, dvd, tv's , become part of driving?? I might be "old fashion" but do drive safe. People that do this have no consideration for others or their safety . Again, the goverment will have to take over peoples bad judgements.
Doctor- I have bad news and worse news. Patient- What's the bad news? Doctor- You are going to die in 24 hours. Patient- What's the worse news? Doctor- I've been trying to get hold of you since yesterday.
This problem is resolved quite easily by increasing cigarette and gasoline tax.
No need for goofy doctorate studies.
With the economy ramping up, the governments tax receipts will increase to a level where all taxpayers will require another tax cut.
Thus ensuring the formation and growth of small businesses in America.
If we can keep this ball rolling it will mean China will not overtake the U.S in per capita income within the next five years.
It is common knowledge that small businesses have safer work environments and more tight knit communities of laborers.
It takes a tight knit village to decrease taxes and still increase or provide the same level of services.
Now the roads will be another problem- what with the freaky weather and all. And whether the road workers will work for a billionaire who wants to get to the bottom of things remains to be seen.
As usual here, we will all get more and pay less.
Fred? Cigarette and gasoline tax? Fred? That's a horrible idea. Tax the ever loving buh-jesus out of the rich! It's simple, easy, doesn't hurt anyone and makes a helluva impact. It would be like making money appear out of thin air! It won't even be missed! Yes, Fred, money does grow on trees. It's there for the taking. Let's do that. Yes, have some.
Well we did fine under Clinton and the rich still got richer. so what is your problem?
i couldn't agree more NARD! Taxing the rich more doesn't hurt a soul. In fact, its the gooderest thing of all for the soul...
Hey big joe since you arent paying enough taxes why dont you pay mine ? We all pay too D- much tax as it is for our so called leaders to sit up there on thier fat A-- and waste, waste, waste, waste!!!! IDIOT !!!
Big joe give me a way to get in touch so i can give you an address so you can expedite the money to me for my taxes this year.Thanks A Bunch
This idea proves 2 things. Academics are elitist liberals and idiots. The govt. takes too much at every level from local to national. 71 cents out of every dollar is tax in the end. Enough.
Taxes are the lowest ever in history so we have a big deficit and the rich get richer 225 times richer then the middle class. Then the republican rich send their money overseas to hide it. They have so many tax havens anyway thanks to a poor IRS system of taxing. You Papa T must be rich and what is the matter with giving back to yoour community.
Was being sarcastic. Sorry.
PLAIN AND SIMPLE !!! THIS COUNTRY NEEDS A F L A T TAX WHERE WE ALL PAY WHATEVER THE PERCENTAGE MAY BE OFF OF ANY IMCOME WE MAY HAVE WEITHER IT BE FROM WORK OR STOCKS ETC... TAKE IT RIGHT OFF THE TOP YOU NEVER SEE IT DO AWAY WITH THE IRS COMPLETLY. Thats the ONLY fsir way to do it because everyone knows the rich always have loopholes. It's time to close that freekin loop !!!!!!!!!!!!!
I'm with you and it needs to be heavily monitored the crooks like Madoff will find a way to hide money.
Why doesn't government just learn to get by on less? And who says the 'wealthy' won't miss the tax break. If they are living within their means just as someone else at a lower level OF COURSE they will notice the change and be affected by it. Taking more money out of anyone's pocket is counterproductive to individual spending to stimulate the economy, personal investment, etc. Hands off my money, you Fathead!
@had enough: Our federal taxes pays for roads, education for our children, grants for NASA, and many other American projects. I have no problem paying taxes and love it. Taxes is not a bad word. Flat tax is a great idea, but I doubt it will ever happen. Government will not be able to manipulate certain tax breaks; for one thing, no "rich loop holes," no earned income credit, no tax credits, etc. Had enough you may be wanting to use solar for your home, flat tax may not give you that tax credit.
@Wallet: You must see the logic in our tax system. True, there is waste, but at the same time glorious wonders are done with your money, Fred's money, and Enough's money, Papa's, Nard's and Marty's. Federal funding goes to our military who are due a rise. Your money also goes to law enforcement, education, etc. Let's all try to keep an open mind please.
How obserd the only thing that happens with our taxes are un-nessasary wars, roads to nowhere, airports that arent used, lining political pockets, a grant to someone in france for250,000 to study a fruit fly and the list goes on and on. They spend it like using toilet paper by the hand full. And we foot the bill for ALL OF THOSE BAFOONS !! WONDEROUS THINGS MY A– !!!! What planet do you live on ????