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Steve Jobs Funeral To Be Picketed By Westboro Church
Why Men are In Trouble
Farmers Strain to Hire American Workers
GOP's Alternative to Tax Millionaires: Tax Me More Check Box on IRS Form
Amy Bingham
ABC News
Oct 5, 2011 6:45pm
GOP’s Alternative Buffett Rule: Voluntary ‘Tax Me More’ Check Box on IRS Form
Scalise said he plans to submit a bill Wednesday night that would add a line to the 1040 tax form allowing people who feel they do not pay enough income tax to opt-in to paying more.
“I wanted to make sure that there was an option out there on the IRS tax form for those out there who wanted to send more of their money into Washington to help pay down the deficit,” Scalise said. “It’s an idea that solves a few problems and ensures that taxes won’t be raised on America’s job creators.”
Scalise said his bill will allow Buffett to “put his money where his mouth is” and “send in a check” to the U.S. Treasury.
Grover Norquist, the founder of the conservative group Americans for Tax Reform, sent a letter to Scalise praising him for the bill, but said when similar “tax me more” lines were tried at the state level, the “limousine liberal set” did not “put their money where their mouth is.”
“Mr. Buffett should be able to voluntarily pay extra income taxes if he feels the need to – without imposing broad, job-killing tax hikes on our nation’s small employers,” the statement said. “Taxpayers are calling Mr. Buffett’s bluff with this legislation. It’s his move.”
While Scalise may be the first congressman to propose an alternative Buffett Rule bill, he is not the first to suggest that Buffett voluntarily send in a check rather than have the president ignite “class warfare” by implementing a mandatory tax hike.
“If he’s feeling guilty about it, I think he should send in a check … but we don’t want to stagnate this economy by raising taxes,” Senate Minority Leader Mitch McConnell, R-Ky., said on NBC’s “Meet the Press” in September.
Rep. Paul Ryan, R-Wis., said Obama’s Buffett Rule would “simply divide this country more.”
“It will attack job creators, divide people and it doesn’t grow the economy,” Ryan said on “Fox News Sunday” shortly after the president announced his rule. “Class warfare may make for really good politics, but it makes for rotten economics.”
Sarah Palin: No, I won't be running in 2012
Sarah Palin on 2012 run: I won't be running for president, but will be helping candidates this cycle
Thomas M. Defrank and Alison Gendar
DAILY NEWS WASHINGTON BUREAU
Wednesday, October 5th 2011, 6:59 PM
"After much prayer and serious consideration, I have decided that I will not be seeking the 2012 GOP nomination for President of the United States," Palin said in a letter to supporters obtained by ABC News.
"As always, my family comes first and obviously Todd and I put great consideration into family life before making this decision. When we serve, we devote ourselves to God, family and country. My decision maintains this order.
"I believe that at this time I can be more effective in a decisive role to help elect other true public servants to office - from the nation's governors to Congressional seats and the Presidency."
While the former Alaskan governor did not say who she would endorse, she said she planned to play a role in national politics.
"I will continue driving the discussion for freedom and free markets, including in the race for President," she wrote.
"In the coming weeks I will help coordinate strategies to assist in replacing the President, re-taking the Senate, and maintaining the House."
Republican party officials have predicted for months Palin wasn't running because she'd be forced to give up a lucrative speechmaking business earning her millions of dollars a year.
"The tipoff was that she wasn't doing any homework on the issues," explained a senior Republican with close ties to Palin. "As Rick Perry has learned, you have to be prepared in debates to talk about stuff you don't know, and she wasn't preparing."
Another GOP consultant said Palin's diva reputation tempted her to run, but a series of recent polls have shown a majority of Republican voters don't want her to be the party's candidate.
"Her negatives are high and she turns off independents," the consultant said. "Obama would have a field day running against her."
A new Washington Post/ABC News poll found only 31% of Republican primary voters wanted her to run for President. Two-thirds of those surveyed said she shouldn't get into the race.
Palin's decision to stay out, a day after after New Jersey Gov. Chris Christie said he would also not run, means the field is Republican candidates is likely set.
