Personal tax earmarking is a tax plan or schedule that will allow your tax payments to be specifically allocated for items like alternative energy research, retrofitting a stealth bomber, building a new nuclear submarine, repairing the Hubble Telescope. 

Every other year, very large number of taxpayers file their tax returns begrudgingly, at the last possible moment. There is so much complaint of extremely complex regulations and too much taxation. And taxpayers really wonder if the IRS could do anything to make tax paying a less burdensome affair. 

Well, there is a plan that can help change taxpayers attitude, but will definitely not vary the amount of dollars payable by taxpayers; however, it will significantly make the taxpaying procedure more engaging. The plan, as already mentioned earlier is known as personal tax earmarking.

Assuming that every government agency chose a particular portion of its budget to be paid at the selection of the taxpayers. This will explain that any taxpayer could use the Internal Revenue Service website to find the way through budgets and line items for a wide range of government agencies. To help purchase a plane; go to the Department of Defense, it applies to other projects also as participants are to head to the government agency or department in charge of the project in question. 

Service Based on Order of Arrival
Taxpayers who have the desire to be participants in the free program would be able to choose items from the list on the basis of first-come, first-to-receive-service. Using a web interface, they would log in and select the expenses they wanted their tax payment to be earmarked for.

Specifying Options
As the program gains fraction, the granularity of the options in the database may be raised. Just think of being able note that your tax dollars assisted in the paying of the elementary school teachers in your locality or funding any other major project; that is great sounding, isn’t it? Owing to the fact that government departments already make comprehensive budgets and procurement reports, it looks practicable that taxpayers can earmark their payments for something specific.

Benefits to Taxpayers
From the point of view of the taxpayer, personal tax earmarking gives very good benefits. One of the benefits is that the plan will facilitate and encourage every taxpayer to become more knowledgeable about national budget and also learn about a wide range of government-financed programs. This program encourages taxpayers to participate actively in government projects. Think of a taxpayer who allocates fund to space research. The government will give a certificate for such projects later in the year. You will certainly feel high to see the certificate placed at a strategic location in your home; commending your effort for earmarking your tax to the project for which you receive the certificate.

Benefits to Government
This program benefits the government substantially also. It must be stated at this point that this program do not suggest in any way, that a citizen can alter the budget of the agencies or government; it is the sole responsibility of the elected officials.