After promising to eliminate taxes on tips, Social Security benefits and overtime pay, former President Donald Trump is taking aim at the largest levy of them all — the federal income tax.
We make it complicated in the name of allowing people to do small scale tax evasion.
You can start a business, buy a car, write off part of your mortgage, part of your internet access and one of your phone lines, reducing your amount of tax due by 1/3 of that total amount.
Honestly the new 1040 website for federal is super easy. All the states did that too it would be fine in my book.
it isn’t. In the UK where i am all your taxes are deducted from your salary before you’re paid. if you overpay you get an automatic rebate at the end of the year. if you’re in normal employment you should never have to speak to HMRC, your companies HR do it on your behalf in the rare event something comes up
I’m OK keeping the income tax, just make it so people don’t have to do paperwork every year.
My salary is $144,000, I have a wife and a $2,048/mo. mortgage.
Plug that into a spreadsheet, figure out the correct amount to take out of my paycheck, and leave me the hell alone.
We have formulas and software to do this, it shouldn’t be complicated.
We make it complicated in the name of allowing people to do small scale tax evasion.
You can start a business, buy a car, write off part of your mortgage, part of your internet access and one of your phone lines, reducing your amount of tax due by 1/3 of that total amount.
Honestly the new 1040 website for federal is super easy. All the states did that too it would be fine in my book.
it isn’t. In the UK where i am all your taxes are deducted from your salary before you’re paid. if you overpay you get an automatic rebate at the end of the year. if you’re in normal employment you should never have to speak to HMRC, your companies HR do it on your behalf in the rare event something comes up