Tuesday, April 15, 2008

Tax Tips That Work!

Its April 15, 2008 in other words the real April Fools Day! I hope that you have all of your pertinent forms and other IRS regulated stuff filled out ready to send in, of course with that tax check that you owe the IRS. To those of you who think that you are getting a refund, your not! What has really happened is the government took too much from you to begin with. Now think about that, they took too much, this left you with a lot less for you and your family. Imagine what would happen if you were to keep all of your check or at the very least, for now, 95% or better of your check. What would that do for your and this Nations economy? For one you would be able to afford Health Care, much needed food, clothing, or a washer and dryer, or you could even afford to buy or rent a better place to live. Just imagine the power that you would have over your own lives if the government were to say “hey keep more of what you make”, this my friends is the true meaning of freedom… or self determination! I believe that there has to be a way to provide for our general welfare and defense, I just disagree with sucking the life blood out of those who work and those who provide jobs. What happens when you are not sending most of YOUR EARNINGS to the government, you spend it on things that you need and on some things that you want. What does this spending do… it generates sales taxes and other taxes that are attached to the sale of an item. This way you elect how YOU want to be taxed and not the government telling you how to be taxed. To all of you who hate the rich, and you know who you are, because you too would love to be rich. This would affect all the people in our country including the RICH! Yes the rich would get richer but so would the poor minimum wage worker, who by the way is allowed, yes I said allowed, to keep more of their paycheck. And now that people have more money to spend they will want to buy more stuff and that means the rich company owner needs to keep up with the demand for goods and they need more help to build the products that are being ordered at an increasing pace. All of this would create sales tax revenue unlike anything else. Money would be flowing into the US Treasury and the politicians would have a big pot of money to use for the budget. I know Bush 41 (the first George Bush) called this “voodoo economics” but it worked, check the income to the treasury during the tax cuts of Ronald Reagan, it shows that when people were allowed to keep more of what they earned they would spend and in return the treasury got fat with sales taxes. So this is just something to chew on while you agonize about the IRS and the payment agreement that you have to set up with them. Happy April 15th, uh I mean fools day!
You should really ask yourself why does the IRS logo have the scales of justice and an olive branch in it, just curious.