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Posts Tagged ‘Fair Tax’

2009 Tax Results

March 14th, 2010

As I’ve mentioned in ad nauseam, I hate paying taxes.

This years tax results ended up more favorable than in years past.  I’m actually getting money back from the Fed this year, about $850 to be more precise.

To be honest, my goal is to break even.  If there’s anything worse than paying good money for bogus and frivolous spending in Washington, it’s giving Uncle Sam an interest free loan.taxes

Adding an extra dependent helps (for a $1,000 tax credit) and I’m using all the money I’ve paid to the day care center to my advantage.

Then there’s the B.S. “making work pay” tax credit of $800.  I’ve got mixed feelings about this one, since I’m not really a fan of taking (or supporting) free handouts from our government.  On the other hand, if everyone else is getting the so called “tax break”, why not me?

If you take out that $800 credit, I basically broke even.

On a related note, if you’re tired of paying taxes to fund worthless government programs, maybe it’s time for a change.  Check out the Fair Tax proposition; it might be a worthwhile cause.

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The tax day tea party.

April 15th, 2009

While I’m not attending a tax day tea party today, I’ll certainly drink a cup of tea in honor of the idea.

The topic of taxes comes up about this time every year, and every y ear I grovel at the fact of actually writing the check.  I don’t mind paying taxes; I understand their value.  After all, someone has to pay for the highway system, post office, etc.  Services we all use.

It’s what my tax dollars are used for that really chaps my hide. Hearing about all the wasteful spending that’s going on in Washington, the bailouts, the TARP, the budget.  Yeah, I don’t mind paying taxes, but spend my money wisely, damn it!

And simplify the code!

After this years tax season I’m more adamant than ever about simplifying the tax code.  In my opinion, the whole thing needs to be scrapped.  Get rid of it.  Burn it.  Shred it.  I don’t care, just don’t use it any more.

We have to simplify the system; be it through a FairTax, a flat tax…  To consider either one of those ideas is a start.

Our current code is over 65,000 pages in length.  There is no way any citizen of this great country can be expected to read, understand and comply with this garbage every year.  It’s no wonder so many people are paying someone else to prepare their taxes.

It’s also no wonder that even our politicians can’t even get their taxes right.

I’m not giving them a pass, and I believe a number of them are willfully cheating the system, and they should be held accountable.

I’m a big fan of Glenn Beck’s program, as I think he provides a sensible voice of reality to today’s issues.  And I don’t think I could have made a stronger argument for a new tax code any better than in his “The One Thing” segment below.

Happy tax day.  And enjoy your tea!

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