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comes to tax time the wage
15-11-2018 02:55 AM
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comes to tax time the wage

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Whether you have figured it out or not Authentic Los Angeles Lakers Jersey , YOU are participant in a game, a lifetime high stakes game called TAXES. Your name was entered into this game at the moment your childbirth was recorded. Unless you want to live your life as a hermit in the woods (and that does appeal to me at times) you have no choice but to play.

There ARE rules to this game and if you don’t know the rules YOU LOSE. Sorry ’bout that.

Governments are in the business of imposing taxes. In the eyes of the government you and I are taxpayers and we remain so until the day we kick the bucket. If you and your better half are blessed to have a child Authentic Los Angeles Clippers Jersey , in the government’s ledgers you have just created a new taxpayer.

There is a nasty trend happening now. Bankrupt governments everywhere are squeezing taxpayers more and more. Many methods which were available to taxpayers to reduce their tax load have been eliminated. Fewer tax shelters and deductions remain every year and more rules have been introduced to reduce tax planning. It is clear that the government’s objective is to reap as much as citizens will tolerate.

It just so happens that a lopsided share of the tax burden is paid by those who are least able to bear it. Corporations and the wealthy have numerous tax loopholes and many pay very little income tax. Wage earners do not have such options. The government grabs a large portion of the wage earner’s money before he or she ever sees it. When it comes to tax time the wage earner gets some of that money back, but does the government pay you interest on YOUR money that it withheld all year?

The citizens are overtaxed and the taxation system is clumsy and unfair. In 2009 General Electric reported earnings of over $10 billion and not only paid nothing in taxes Authentic Indiana Pacers Jersey , it recorded a tax benefit of $1.1 billion.

For the government, the course of action of collecting income tax is a little like the farmer who plucks feathers from his geese. The farmer gets the most feathers from the geese that hiss the least.

I live in Canada and here if you feel the government is assessing your income tax unfairly it is your right to dispute the government by going before a tax court to appeal your case.

Governments do not like to be challenged in a tax court. They will steer clear of it if they can. It looks bad when they are heavy handed and if the word gets out often enough the taxpayers could rebel.

So if you hiss a lot and make it more difficult for the government to extract income tax from you Authentic Houston Rockets Jersey , the odds are good your auditor will move on to pluck a more docile goose.

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