Income Tax

(Thanks to BlogHer Pic App for this photo that makes me want to throw-up.)

It’s tax time, ie: pay more time if you’re a overachieving small business owner or it’s get back more  than you paid in for others. How fair is that? 

Our tax system is broken. It unfairly taxes the high income earners (a lot of which employ most everyone else) and lets those that make $250K or less basically skate. Give me a break. Marlin the millionaire thinks we should have a flat tax, say 10%. He says if it’s good enough for God, it’s good enough for government. I love it. I’m pretty sure he doesn’t get a tax return and hasn’t for years. 

I find it interesting what people choose to spend their money on. According to cch.com 41% people will pay bills, 41% will save it, 15% will spend it and 3% don’t know. How can you not know? Anyway.

Since tax returns are mostly other people’s money (most returns boast more money than paid in) maybe they should be spent responsibly. Isn’t that what we want our politicians to do with our money? What if everyone who got a tax return used $1000 to start a baby emergency fund, (remember emergency funds should be 3-6 months of expenses used for true emergencies) then with the balance they started paying off their debts smallest to largest until the money is gone?

What if everyone woke up fiscally responsible? We wouldn’t be in massive debt to China, there would be happier marriages, politicians would be laying down with the people (lion with the lambs), pigs would be flying and hell would be freezing over. I’m afraid even that wouldn’t wake us up as a nation. Maybe when the people of China call in our debt and folks in India take all our jobs and we are eating rice for every meal– we’ll have a light bulb moment (not the Al Gore kind) and want to do something about it. But by then it will be too late.

Got returns?

Got ideas on how to spend them?

Simply,
Sis

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One Response to “Some tax return ideas”

  1. Bobbi Janay says:

    We will use some of ours to prepare for Baby #2 sue in September. We will be purchasing most everything second hand to try and save money though.

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