Skip to main content

Tax filing scam

There are more loopholes than there is fabric. Every year Uncle Sam (which is another goofy americanism that I need to research) comes knocking the door come April to collect taxes from the denizens that earned income in this land. This whole process of collecting revenues from the masses is bunch of crock aimed again at providing jobs to the otherwise moronic public. Try dialing the IRS call center for help - their skill is in googling your questionable keyword and providing generic garbage answers. Again job security and useless infrastructure for supporting the economy. My suggestion is this - why bother with all this mumbo jumbo infrastructure of having citizens file anything? Just deduct a set % from paycheck based on what a person earns in that paycheck. You earned a $100 we will take $20, thank you very much. End of story. What is this after thought of having people go back and review the whole year and then decide if they paid enough taxes or whether they feel up to paying some more? In many a case people with inordinately large amounts of money (who likely helped write the tax code - yeah code is right - with most loopholes to hide their gains) check out with very little hit to their take home pay. The idiotic dude with no clue as to what is going on in the halls of the government ends up ponying a large chunk scared witless with all the threats of what the IRS taxman could do if you did not divulge all there was to divulge. Instead of creating parallel industries in the form of Tax prep software companies and seriously challenged individuals touting as tax advisors the government would be well off determining a flat rate of taxation based on income slabs per payroll. Each cycle will get treatment decided on a pre designed formula. We the government need money to keep your roads well paved, your police and fire well staffed and bridges and dams and airports operational and water and sewer management to ensure healthy lifestyle. Done. Beyond that basic infrastructre ask there is no reason for the government to do anything by way of spending our money. Let the people decide and buy the services they need from a private sector machine that is willing to risk their captial to drive some profit. Then you can tax that profit again based on what they earn each reporting cycle. Be done with this annual nonsense of filing and then having to calculate insane formulae that derive some weird number that then tells you your fate. Worse than a tarot reading.

Comments

Popular posts from this blog

Of chocolates

I like chocolates. Godiva Dark with Almonds - not sure of the naked woman on the horse to be the icon of some choice cocoa based products but tastes good. Started in Belgium but now owned by some Turks. Cadburys - Fruit and Nut Milk Bars - awesome combination of dried fruit pieces along with a medley of nuts makes your toungue dance - started by a Brit now owen by Kraft USA. Lindt Hazelnut spheres - made by a Swiss confectioner are divine balls that melt in your mouth with a lingering nutty taste Ghirardelli Milk Crisp Squares - crunchy and light these milk squares are easy on the palate but pack some serious calories - all good I say! Originally founded by an Italian who moved around till he landed in SF Bay today also owned by the Swiss Lindt empire.

Columbia SC

 The Palmetto state.  One of the confederate kinds. History dating couple centuries back.  We visited the capital yet again this time to take in the SC State Museum. Occupying the former digs (literally remodeled) of an erstwhile cotton mill this structure is an amazing piece of reimagination.  Four floors of excitement for kids and young at heart alike. Located on the shores of the Congaree River formed when the Broad meets up with the Saluda River, this edifice is approx. 60 years old.  The front of the building has a more modern planetarium that was added about a decade ago.  The museum itself has different areas of interest segregated on each of its four floors. The first floor has gift shop and a diorama of some of the local geography including the swamps and the state beaches with audio guides to help understand what fauna thrives locally. The second floor is all about natural history and showcases animal kingdom that may have survived on this latitud...

Gab about Gaps

There are a number of news stories these days where conversation inevitably turns to discussing some sort of GAP - Gap between rich and poor is growing Gap is losing market share to other clothiers The Dow is Gapping Down (so is the NASDAQ) and the dollar is Gapping Up The guy who advised British public over the PA on dangers of tube travel with the phrase 'MIND THE GAP' has died There is a frightening Gap between our Debts and Savings Gap between Executive pay and Average worker salary is at an all time high All I am doing is listening to all this unfold with my mouth aGAPe. What me worry?