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?