Saturday, March 13, 2010

Taxes

I spent 2 hours today on the federal and state income tax- all for $4. I found the process to be more difficult this year. All the different tax credits were confusing and convoluted. I hope that next year there will be less tax credits. I know most people might be befuddled by this, but I don't think tax credits are that helpful towards the poor and lower middle class. It is so time consuming and confusing. I believe most people will simply balk at the process- and I did it electronically. I can only imagine someone trying to file by paper-it must be even more difficult. At least TaxAct kind of explain what each segment is. Unless you had a professional tax filler, most people probably don't even know what each tax credit is and how to apply it and most people will not pay for a professional because they don't have the money.

I think it will be more simple if tax cuts are applied at the time of purchase. I understand why the government is doing it on tax forms instead- I think they are relying on people's laziness and confusion- that way, they get to keep most of the money and say that they provided many tax cuts. I think the Republican party is made of a group of very smart, very sadistic people who take advantage of people's ignorance. Almost every Republican is in love with the Regan era- they talk about his tax cuts and small government when that wasn't that at all. Those tax cuts? Statistics show that the disparity between the rich and the poor have increased since those tax cuts...and even more so during the Bush administration. And small government? What small government...it was only small in the business and financial sector. Now all the grass roots movement is all about small government, they distrust government...when all this distrust is rooted in the Republican party.

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