Taxes: How do they work?
In the United States, the IRS relies on taxpayers to comply with the law and voluntarily calculate and pay their taxes. In 2002 the IRS handled about 131 million federal personal income tax returns and almost 6 million corporate income tax returns.
The agency also monitors tax evasion, instances in which people or corporations illegally avoid paying some or all of their required income taxes. The IRS may audit (check for accuracy and compliance in payment) anyone they suspect of tax evasion by requesting complete records of all earnings and expenses.
Recent articles suggest that the effort to convince the American tax papers that the new and improved IRS was much more user friendly has proven to be a dismal failure. In fact, the most recent indications are that the IRS has gone back to its old ways of intimidation and fear tactics. The once more user friendly IRS is no more.
What will it really take for the average tax payer to get fed up enough to demand that the government fix this very bloated, broken down system with true reform? As we approach the coming 2008 election will we get more lip service or a candidate that is truly serious about refor.
Why is it that the flat tax does not generate more interest? Do we feel powerless to change the way we pay taxes. Surely there is a easier way that one can understand and just might be more just in the way people are taxed. We can always hope that someday the message will demand a workable solution. What do you think?
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May 20th, 2008 @ 7:55 pm
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