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Saturday, April 14, 2012

24 Outrageous Facts About Taxes In The United States That Will Blow Your Mind

Tax Filing Day is never a happy day. I've always believed that tax filing day and election day should be the same! Of course, I would prefer there be NO tax filing day.
The U.S. tax code is a complete and utter abomination and it needs to be thrown out entirely. Nobody in their right mind would ever read the whole thing - it is over 3 million words long. Each year, Americans spend billions of hours and hundreds of billions of dollars trying to comply with federal tax requirements. Sadly, it is the honest, hard working Americans in the middle class that always get hit the hardest. The tax code is absolutely riddled with loopholes that big corporations and the ultra-wealthy use to minimize their tax burdens as much as possible. Many poor people do not pay any income taxes at all.
Read the rest here
The Economic Collapse 

Judy Morris,
Blogger, THL
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