Im simply going to state that I did my taxes this weekend. I’m not going to bother talking about how much I hate paying those taxes because I think we can all agree that paying taxes sucks.
The only nice thing is that there’s a refund on the way. As you know, if you could adjust your withholdings perfectly you would owe nothing and have no refund. Unfortunately, that is a virtual impossibility. So…Im getting a bit of a refund. And, please do not forget – tax refunds aren’t (usually) ‘free money’. It just means you handed over too much money to Uncle Sam and he’s returning it.
And what really annoys me is that there is someone, somewhere, who is thinking I’m not paying enough in taxes. You know, not paying my ‘fair share’. Keep in mind that I pay more in taxes, and use less government services, than the ‘victims of inequity’ who, literally, pay no taxes at all and use the most services. Their ‘fair share’ is zero? That doesn’t seem fair.
And then people like Fake Indian Woman want people to pay taxes on money that they haven’t actually gotten yet (unrealized gains), and even a percentage of your annual worth (wealth tax). But it’s okay because we all know that the government will manage that additional tax revenue wisely, frugally, and efficiently. Oh, and by the way the national debt is around $34 trillion dollars.
The more centrist-lefty minded will say something like “Don’t you like having a police and fire department? Don’t you like having roads to drive on? Don’t you like having infrastructure?” Why, yes…yes, I do. But Stuff like that makes up a tiny percentage of my taxes. The rest is stuff of questionable utility to me. It’s easy to jump on the government for the classic $900 toilet seats, but its more than that. I would say that .gov spend money like drunken sailors, but a) thats an unfair comparison to sailors everywhere and b) drunken sailors at least have the decency to spend their own money.
Whats the solution? Honestly, there isn’t one. Everyone is happy to tax someone as long as it isn’t them. “Free” health care, college education, housing, and that sort of ting isn’t ‘free’ by any stretch of the imagination. If you think it’s free then ask yourself how the teachers, doctors, and other people are getting paid. They don’t work for nothing, right?
“Oh, we’ll tax the rich!” Yeah, sure you will. Anyone remember when Clinton promised that he’d only raise taxes on ‘the rich’ and said that if you made less than $XXX,XXX per year your taxes wouldn’t change? And then what happened? Why, they lowered the dollar threshold lower and lower until all of a sudden almost everyone was considered ‘rich’…and then taxed ‘the rich’.
I’m trying not to be bitter, but I have enough business, accounting, and finance classes under my belt to know that there is a tremendously strong case for a) cash businesses and b) converting that cash to cash-like instruments (gold, silver, land, etc.)
And here’s a head scratcher….remember when the .gov was talking about a trillion dollar coin? If .gov can just mint a coin to give themselves a trillion dollars to beat a budget restriction, then why do they need to collect taxes at all? Why not just ‘print money’ like they already do? Don’t use the argument that doing so will cause inflation…no one seemed too worried about that when they were bandying the idea about.
I’ll leave you with what Will Rogers said about the difference between death and taxes is that death doesn’t get worse every time Congress meets.