Hey Billionaires: If You Think That Taxes Should Be Raised for Billionaires, You Should …

by Fred Fuld III

The United States government has a huge amount of debt. As a matter of fact, the government debt now stands at more than $30,482,000,000,000.

One way to pay down that debt is through higher taxes. There are several billionaires that believe taxes on billionaires should be increased for themselves and other billionaires

Some of these wealthy individuals include:

  • Warren Buffett
  • Bill Gates
  • George Soros
  • Eli Broad
  • Michael Bloomberg
  • Mark Cuban

But what I can’t understand is that if the wealthy really believe this, what are they waiting for?

Billionaires that believe their taxes should be higher should go ahead and make more payments to the U.S. Government.

Nothing is stopping them. They can write a check out right now. Apparently, quite a few people have “donated” to the government.

There are actually a couple ways to make these payments to help reduce the national debt. Here is what they need to do:

They can go to Pay.gov, and pay online by credit card, debit card, PayPal, checking account, or savings account.

If they pay by credit card, I hope they have a nice high credit limit. Maybe they can earn points on their payments.

The other way is by writing a check, and make it payable to the Bureau of the Fiscal Service, and, in the memo section, notate that it is a gift to reduce the debt held by the public. The check should be mailed to:

Attn Dept G
Bureau of the Fiscal Service
P. O. Box 2188
Parkersburg, WV 26106-2188

So what are these billionaires waiting for? Why don’t they put their money where their mouth is?

Top Books by Top Business Executives

If you are looking to be successful, look no further than several of the top people in their industries. Many of these individuals have written books about themselves and their successes.

These are all definitely worth reading:

The Essays of Warren Buffett: Lessons for Corporate America, Fourth Edition by Warren Buffett

How to Win at the Sport of Business: If I Can Do It, You Can Do It by Mark Cuban

Finding My Virginity: The New Autobiography by Richard Branson

On Success by Charles Munger

The First Billion Is the Hardest: Reflections on a Life of Comebacks and America’s Energy Future by T. Boone Pickens

Ross Perot: My Life & The Principles for Success 2nd Edition by Ross Perot

Reviving America: How Repealing Obamacare, Replacing the Tax Code and Reforming The Fed will Restore Hope and Prosperity by Steve Forbes

The Ten Roads to Riches: The Ways the Wealthy Got There (And How You Can Too!) by Ken Fisher

Business @ the Speed of Thought: Succeeding in the Digital Economy by Bill Gates