Possible Constructive Discussion on a Tax Idea

[etgryphon]

Hey All,

Here is my hope of a real discussion on a idea I had for taxes.

A new tax called the "Charity Tax". Set it at like 5% of income rate. Now, there are two ways of pay this tax.

First, you can donate the equivalent to your tax rate to institutions with an Internal Revenue Service 501(c)(3) tax exempt status. This could go to funding health care, housing or any type of organization you want to help. Where you want YOUR money to go.

or...

You can give it to the Feds to distribute as they see fit.

I see this as making the switch to a free market economy. People can pay for what they see fit. Their is much more accountability becuse you are giving YOUR MONEY directly to the place. We don't feed the federal beast and (hopefully) more money gets to where it is needed. The Feds job is to make sure prevent fraud in the organizations. Truth in Advertizing police.

That way you could give money to the causes that YOU believe in. The money is still flowing the the less fortunate it is just now benefited from a free market system with accountability.

Help me find the problems...

-Gryph