Monday, January 03, 2011

Website lets Taxpayers Redirect Breaks is a new website that allowings high income taxpayers to donate the money from their extended tax breaks to charity. According to the site, they intend to both "make it easy for those with extra moolah to donate and to send a political message that they are doing so." I’m really curious to see who will donate, especially after all those millionaires’ “raise my taxes” media campaigns.


    Three Ivy League professors, a law student and a designer created the site out of opposition to the extension of tax benefits for the wealthy, the founders write on the site.

    "GiveItBackforJobs enables joint action, by all visitors to this site, to redirect our Bush tax cuts to the wise and just programs that our government would promote if it had not been hijacked," they write.

    "As more and more Americans do so, GiveItBackforJobs will begin to replicate good government policy, outside the government and free from the grip of Senate Republicans."

    Users simply select their filing status (single, married filing jointly, etc.) and enter their adjusted gross income. The site calculates the tax savings under the law. The resulting amount can then be donated on the same page to Habitat for Humanity, the Salvation Army, the Children's Aid Society, Nurse Family Partnership, or a charity of the user's choice.

Read more here

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