Tax on college degrees

[me]

For the tax year 2011, I have revised bogus Schedule ED, a tax on your
college degree. Previous versions suggested this as a surtax, but
because of recent tuition tax credit schemes, now it would be simpler
and more equitable to impose a credential tax directly on gross
income.

Instead of paying this non-existent tax (hmm, I'll have to think
about this statement), you can send me the money as a donation to an
indigent, financially oppressed person.

The complete form and commentary is at

http://dhmatbestdotcom.tripod.com/tax.html

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Amendments to the Internal Revenue Code:

Taxing the College Graduates

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The Congress shall have power to lay and collect taxes
on incomes, from whatever source derived, without
apportionment among the several States,
and without regard to any census or enumeration.
- The Sixteenth Amendment to the United
States Constitution, enacted in 1913

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As you know, people with college degrees, elite school admissions, and
occupational licenses have a much easier time "earning" a living than
the poor, the homeless, the abused, and the rejected. Therefore, a
graded tax levied upon income-generating academic credentials may be
very desirable in the progressive socio-economic sense, though long
overdue. The United States Constitution allows the taxation of income
from any source, and the statistics clearly demonstrate income
advantage for people in proportion to their level of academic
completion.

This article is primarily to describe what such a taxing scheme should
look like in the Internal Revenue Code along with some explanations.
Individual states and foreign countries could use the same model for
their own income tax schemes. In a previous commentary, Economist
Warns Against Tuition Increases, several pros and cons of this type of
tax were discussed.

The tax rate should depend in part upon the individual's level of
academic completion, and the ratings of the academic institution
attended. A person with a doctorate would be taxed more than a person
with only a baccalaureate. A person with a degree from Harvard would
be taxed more than a person with a degree from the University of….

snip…

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SCHEDULE ED

For the Tax Year

2011

Tax on Post-Secondary Academic Degrees,
Occupational Licenses, and Drivers' Licenses
See separate instructions

For the calendar year beginning January 1, 2011 and ending December
31, 2011

Your name:

Academic Degrees

1 Is your highest level of academic completion an Associate's Degree
from any college?
Enter Yes or No:

If yes, enter 3% in the following box, then go to line 5.

etc.

snip.

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Paypal donations welcome - dhm_at_be...@yahoo.com No spam
please.