Should the rich give their tax-cut money back?

A website launched by Ivy League professors encourages the rich to calculate how much the Bush-era tax cuts are saving them, and donate the money to charity

Will the rich jump at the chance to redirect their tax-cut-extension savings to charities, including Habitat for Humanity and Children's Aid Society?
(Image credit: Corbis)

The compromise on extending Bush-era tax cuts has been approved, but three Ivy League professors are trying to keep the debate alive with a website encouraging the rich to donate their tax savings to charity. GiveItBackForJobs.com features a calculator that lets high-earners tally how much more they would have paid if Congress had let the tax cuts expire and suggests links to redirect those funds to "wise and just programs that our government would promote if it had not been hijacked" by Republicans. Worthy cause or cheap partisan gimmick?

What a smug stunt: This has to be the "nitwittiest idea of the year," says James Taranto in The Wall Street Journal. "These profs — Yale political scientist Jacob Hacker and law scholars Robert Hockett of Cornell and Daniel Markovits of Yale — are obviously left-wing progressive Democrats." They're out to bash Republicans, not to get people to pay more taxes. Otherwise they would be telling them to write checks to the government, not make donations to charity, which they can deduct from their income to actually reduce their tax bills.

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