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User Name Thread Name Subject Posted
bald headed step child BS: Time for Tax Reform (64* d) RE: BS: Time for Tax Reform 07 Feb 09


Obama has mentioned in several speeches in the last year that the tax code is too complicated, and needs to be simplified. It is on his radar, there just seem to be a few things a little higher on the priority list.

Incidentally, those who favor HR Blockhead should know a few things about them.

The offices in the town where I live are the largest in a several state region, and have absolutely no CPA's on their payroll.

The reason they are so willing to go with you for an audit is because around 70% of the people audited by the IRS actually owe less tax than they thought. Among businesses that number flips with the majority owing more than they thought.

A friend of mine several years ago had them do his taxes on his trucking business, 1 truck owner operator. He was not satisfied with the numbers they gave him so he had a CPA go through everything again at a cost of a few hundred dollars. The difference in the tax owed was around $17,000. I don't know about you, but in my opinion that is a pretty big chunk of change.

As for the Republicans and their taxes. It seems most of them make enough that they don't have to pay any taxes under the current rules.

Most of us in the middle class pay a larger percentage of our income on various taxes than the top 2% pay on theirs, while they reap the most benefit from the infrastructure that we pay for.

The ultra rich in this country already enjoy the lowest tax rates of any developed country on the planet, and all they can do is call for more tax cuts. THAT IS WHAT CAUSED THIS MESS IN THE FIRST PLACE!!!

BHSC


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