Thursday, April 15, 2010

Taxes

We did them. Or I should say she did them and "we" got 'em in. I suspect that in most households the burden of preparing the income tax return falls on one partner--probably the same partner that a lot of other burdens fall on. Thanks, hon.

On this day, we usually hear talk of a "Fair Tax"--an idea that comes around and then fades. I won't get into what our pols do with what was, for a brief time, our $, but my views on this Tax Day are:
--Taxes are way too high
--Taxes are way too high because many do not pay and many do not pay enough
--Fixing the above would bring our individual tax burden down, in my estimation, by a third!

--Everyone should pay something
--Taxes should be fair to all and onerous to none, meaning....
--We should not gouge the rich, but they should pay all they should pay. Let's close loopholes!

--Businesses benefit from what tax dollars go to, so businesses should pay taxes (many don't).
--Offshore investments, main offices in foreign countries, and other dodges need to stop.
--Local incentives to business, in the form of tax waivers, serve no one and are unnecessary.
--Non-profits, charities, the religious--should be on the tax rolls.

As one who did not pay for several years and who found out years later when I became more responsible and late filed that I would have gotten money back all those years, I say: Enforcement serves the common weal.

So...File, bitches!

1 comment:

Kimmikat said...

Having worked at a large, big-spendin' (on operating costs) nonprofit where the Pres made three-quarters of a mil per year, I agree that nonprofits need to pay some taxes. Especially the big foundations. There's no reason they should be completely off the hook.