I pay my taxes.
I’d say I support at least three families on governmental aid just on my income alone.
Ok. Fine.
But then I get another bill from my friends at the IRS stating they want more money based on some additional income I apparently forgot to claim from some stock dividends.
Ok fine. But wait. Their figures are not correct! They are no where near correct! They inform me I have to pay the taxes now, or challenge it by following a skadillion steps and procedures which ultimately cost me more money. They also inform me that the interest will start accruing on the balance……right….
now…!
tic toc tic toc tic toc tic toc. Great. Tax on top of Tax.
After seeking the help of an accountant, (pay him) then mail in the challenge form provided, I wait to hear the results of my grievance.
Meanwhile, the interest is still compounding.
Tic toc tic toc tic toc tic toc.
Granted, If my grievance is found correct, I don’t have to pay. But if it isn’t, I get to paythe full amount and all the interest that’s accrued since I received the letter.
Tic toc tic toc tic toc tic toc.
Have you ever known the IRS to do anything in a timely fashion?
Did I mention this was a letter calculated on my 2005 tax return?
Will it take the IRS two years to find an answer?
What’s the interest compounded on $9,000 for two years?
Tic toc tic toc tic toc tic toc.
Damn.
If you haven’t paid much attention to the Fair tax, please do.
The FairTax Plan is a nonpartisan national grassroots campaign to replace the federal income tax system with a progressive national retail sales tax. It provides a "prebate" to ensure no American pays federal taxes on spending up to the poverty level, dollar-for-dollar federal revenue replacement and, through companion legislation, repeal of the 16th Amendment.
It would replace the following taxes, (just to name a few) and my personal favorite, our friends at the IRS.
Accounts Receivable Tax
Building Permit Tax
CDL license Tax
Cigarette Tax
Corporate Income Tax
Dog License Tax
Federal Income Tax
Federal Unemployment Tax (FUTA)
Fishing License Tax
Food License Tax,
Fuel permit tax
Gasoline Tax (42 cents per gallon)
Hunting License Tax
Earned Interest expense
Inventory tax
IRS Interest Charges IRS Penalties (Yay! tax on top of tax)
Liquor Tax
Luxury Taxes
Marriage License Tax
Medicare Tax
property Tax
Real Estate Tax
Service charge taxes
Social Security Tax
Road usage taxes
Sales Tax
Recreational Vehicle Tax
School Tax
State Income Tax
State Unemployment Tax (SUTA)
My personal favorites:
Telephone federal excise tax
Telephone federal universal service fee tax
Telephone federal, state and local surcharge taxes
Telephone minimum usage surcharge tax
Telephone recurring and non-recurring charges tax (huh?)
Telephone state and local tax
Telephone usage charge tax
-inhale- -exhale-
Utility Taxes
Vehicle License Registration Tax
Vehicle Sales Tax
Watercraft registration Tax
Well Permit Tax
Workers Compensation Tax
And we can’t forget when you die, you’ve still got the
Estate tax
inheritance tax
casket tax
burial tax
Here’s a great comparison chart if you’d like to learn more about the fair tax. It’s important to stay in the loop!
http://www.fairtax.org/PDF/FairTaxFlatTaxIncomeTaxComparisonChart.pdf
And….some closing arguments to finish off my soapbox rant.
-Consumption taxes are the oldest form of taxation for many good reasons.
-Consumption taxes are self limiting
-Uniformity of taxation wards off special interest manipulation.
-Direct taxes (Income taxes/poll taxes/head taxes), throughout history have been the tools of Tyranny.
www.fairtax.org.