Thursday, April 14, 2011
Dollars and Sense
It's tax time. I rarely get upset or outraged at this time of year, mostly because my CPA takes care of all the paperwork and I just sign. Because of a small glitch on the part of Wells Fargo, we got a letter from the IRS saying we owe an extra ten grand on top of the taxes we already paid. It's an easy fix, but it gave me a reason to look at our taxes. Holy shit, we pay a lot. In fact, we pay more in taxes than our entire families made last year. Combined. I know, boo hoo. I'm not looking for sympathy here, just an honest discussion. I'm at work, so I don't have the time to get into this in detail, but you probably don't want to read a long diatribe anyway, so here are my issues: I'm pretty tired of hearing politicians argue over giving "tax cuts to the wealthy." It's bullshit. The "Bush-era tax cuts" are simply freezing the rate at a certain level. The argument is whether I should continue to pay 35% or if it should be bumped to 39% (I may have the numbers wrong, but I'm close enough). People spin this extra 4% many different ways. I could give a shit. You know why? Because I don't mind paying more taxes. I know that sounds crazy, but it's the truth. I know I'm going to have to pay more taxes. I have no control or choice, so I might as well accept it. But it's also true that paying more taxes will not affect how I live my life. Since I don't mind paying more taxes, and I pay more than most, it does give me the ability to rant, and rant I shall. If I'm going to pay more, I don't mind telling you that I'm sick and tired of people who pay no taxes telling me I'm not paying enough. Well, let me add one caveat. I believe America has an obligation to care for the most needy, which has been arbitrarily called the bottom 10%. I'm okay with that. But how can I have faith in a system where almost 50% of Americans pay no taxes, yet tell me I'm not doing enough? 47% of Americans Pay No Income Taxes Sure, we can argue that this doesn't apply to Federal taxes, but since income tax is our largest tax, and the one that stands to go up further, it's where I'm concentrating. So let's stop with the nomenclature, and get to the substance (where is George Carlin when you need him?). I'll pay more taxes. I just want the majority of Americans to have skin the game before they accuse me of not doing my share.