Today is income tax day and I was just lamenting how much of my earnings are extorted from me to be wasted by my tyrannical government. Other than the TEA Parties, the one bright spot in the news was the report about President Obama filing his personal tax return and how much he paid. I thought about how he is leading by example. Hopefully you and the rest of his cabinet and top appointees will follow his example and PAY YOUR TAXES (including penalties).
Now I have heard that you have been quoted to say that you don’t understand the tax code so let me see if I can help you with this simple little, easy-to-understand formula.
- Enter the amount of money you earned last year $________________
- Send it to the IRS.
- Smile and pretend you liked it.
Ralph M. Petersen