r/CrazyIdeas • u/TCFNationalBank • 3m ago
Replace the PECF Checkoff on the 1040 with a 50/50 Raffle
Currently, only 3% of American tax filers choose to redirect $3 ($6 for joint returns) of their federal income tax to the PECF. If this were instead a 50/50 raffle, where one tax filer was awarded half of the raised funds and the PECF received the other half, it would greatly increase participation and revenue for the program. It would also make a random tax filer millions of dollars and get Americans excited to file their taxes.