Friday, October 1, 2010

Taxes: What if you got a Receipt instead of a Bill?

What a novel idea.  This is so simple that a 5th Grader would understand.  First reported by NPR, Third Way (a moderate to progressive Think Tank based in Washington, DC) has published an Idea Brief proposing the Federal Government provide taxpayers with a receipt for the taxes they pay. 

It would detail a list of Federal Programs that are funded by the taxes we pay.  While not an exhaustive list, the example of what this receipt would look like includes such things as Social Security, Medicare, Medicaid, Interest on the National Debt, Combat Operations in Iraq and Afghanistan, and so forth... 

The motivation behind this is that if Americans saw what their tax dollars paid for, they would think differently about how government works and if their tax dollars are being waisted. 

To learn more about Third Way, click here

To view Third Way's Idea Brief, click here

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