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.
On an informal mission to read one book a week as long as the eyes allow for such ambition. Fiction or non is not important as long as it entertains and /or educates. To that end the past few weeks have brought a bounty in the form of some wonderful and then not so engaging literature. Among the notables are - Non fiction category: 1. Good arguments by Bo Seo (how to handle a dispute or debate the most efficient way possible) 2. Genesis by Eric Schmidt (and former US Secy of State Henry Kissinger, who recently passed) - how AI might affect our lives as we know it 3. One in a billion - Zarna Garg (an autobiographical look at an Indian born American woman with a bindi narrated in a standup format - yes it is at times cliched but still funny) Fiction: 1. Personal by Lee Child (a vigilante story with Jack Reacher the giant, nomad protagonist of Child's novels goes hunting for a sniper) 2. Ramayana unraveled by Ami Ganatra (she might disagree about it being a work of fiction but oh wel...
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