SAVE Award 2011 Ideas

Then tax it heavily like we do with Cigarettes and Alcohol.

Congress took a $500 a month pay raise two or three years ago, that equates to a $6000 a year pay raise. I would like to have a pay raise that much at one time each month also. With all the pay cuts in the budget, they keep going after social security, health benefits, military, the elderly, the retired, etc. I believe that Congress should be looking closer to home and start cutting their own pay. Medical benefits... more »

Institute a flat tax percentage for all individuals regardless of income level.

Raise Taxes on Companies like NIKE that Outsource Work. Then offer tax advantages for companies that keep work in U.S. This could end our budget crisis with revenue it would bring in. We bring jobs to with companies that come back to U.S. with there jobs.

Seriously, GE,Fed Ex, Verizon...they all get PAID by us [taxpayers] in the form of Tax incentives-supposidly for job creation etc. But who are we fooling? Do they create any more jobs after the first few years? It's pure profit to the company. Take away the tax breaks or at LEAST restore the laws to close the loop-holes so obviously being corrupted.

As of today, 100,000 tax preparers have fail to the new registration requirement imposed by the IRS. The service should prioritize the review and examinations these non registrars and question the returns that they prepare. This would show our dedication to transparency. There is more of a chance tax preparers who are not registered, to be less compliance than other registered CPAs , tax attorneys, and registered preparers.... more »

While great strides have been made recently to get more folks to file online (which substantially reduces labor costs for the government), there's no reason why the remaining paper filings (of which there will always be some) couldn't be digitized by lockbox banks (or the Federal Reserve) servicing the IRS. Since these banks are already processing remittances for deposit, why not have them digitize filings so that they... more »

"Nearly 100,00 federal civilian employees owed $1 billion in unpaid federal income taxes in 2009, according to the IRS. The number of delinquent federal employees has remained consistent since 2004, but the amount owed has soared nearly 70 percent from $600 million to $1 billion."

While the The House Oversight and Government Reform Committee has passed a bill, why wait for it to be further voted on? Why not have the... more »

This program incentivizes everyone to figure out a way to save a few bucks on a sure bet since you do a hard calculation about how much you will spend for child care, dental, medical extras, etc. and then request that much be withheld. Rather, policies ought to be about reducing costs over all, not about penny pinching over small amounts that require fiddling with the FSA system and making bets about how to keep money... more »

Create a flat tax for everyone with no loop holes, exemptions, or tax breaks.

Reduce the size of the IRS by at least one half of current staffing, associated offices, and vehicles.

This would create a vast resource of monies for government and remove the associated bureaucracies that weigh this great nation down. It would be a very positive step in getting our nation out of the massive debt crisis.

I don't understand why I am mailing in documents that the IRS has already received from my banks, jobs, and etc. Why not allow individuals and companies to login to their account and see what documents the IRS has already received? Then permit them to upload the documents that are needed. Why mail in a document the IRS already has?

Many years ago President Reagan said he wanted to simplify taxes to the point where an individual would receive a postcard with what the Government said they owed in taxes. If the taxpayer agreed, they could pay the assessed amount; if not, they could file and explain why it should be different. Reduction in tax code(s) should please everyone (except H&R Block and others who prepare tax returns)

The tax code is out of hand. Simplify it, make it difficult to change, and do not allow special exceptions allowing a few to not pay their fair share of taxes. Consider a small national sales tax to supplement some revenues on non-food items. Then supplement any government expenditures with fees for service instead. Inspections of foreign suppliers of food and other goods should pay for itself. As inspections show good... more »

POLITICAL CAMPAIGN FUNDS SHOULD BE TAXED LIKE ANY OTHER BUSINESS SO THAT POLITICIAN WOULD UNDERSTAND WHAT RUNNING A BUSINESS IS LIKE. WHAT A BURDEN PAYING TAXES IS ON A BUSINESS. HOW THE FIRST 25 OR 30% OF THE FUNDS RAISED IS NOT FOR THEIR USE BUT GOES TO THE GOVERNMENT. A TAX ON CAMPAIGN FUNDS WOULD BE A GREAT EDUCATIONAL TOOL FOR EVERY POLITICIAN AND POLITICAL WANT-A-BE.

Eliminate the mortgage interest tax break since it only serves to raise housing prices which benefits banks, realtors, etc.,

Plus why should the federal government help you buy a house?

See http://finance.fortune.cnn.com/2010/12/03/3-reasons-why-the-mortgage-tax-break-isnt-a-break/