Are you outraged at recently proposed federal budget cuts, and dismayed that you just aren’t contributing enough in taxes to help pay off the national debt? Good news! The Treasury Department has a program in place to donate toward the national debt. The program began in 1996, and has collected more than $406,000 so far this year.
Interestingly, the recession-plagued year of 2009 was the largest
Tax Cat tells us that these donations are not deductible on your taxes, so maybe you’re better off giving that money burning a hole in your pocket to a worthy charity. Or saving up to start your own, more fiscally responsible country instead.
The Treasury Department accepts credit cards, so you can rack up your own debt while trying to help the government get out of theirs, a deeply pointless cycle.
Gift Contributions to Reduce Debt Held by the Public [Treasury Department]
Donation Page [Pay.gov] (Thanks, Jason!)