Yesterday was Drop Dead Day for paying your taxes in America, but taxes are a worldwide phenomenon that cannot be resisted or denied if you are an active participant in society.
I’m always amazed by the people who purposefully overpay during the year and use the IRS as a savings account and then “get surprised” when they get a big refund each year. How did you do this year?
Did you pay in or get back?
Do you know people who refuse to file taxes?
Do you pay any state tax?
Do you pay a local or city tax?
Do you feel you’re getting value out what you pay in?
If yes, why? If not, why not?
Are taxes a worthwhile effort or do you think the current system of
taxation — wherever you live in the world — needs to be re-thought
and re-examined for efficacy?
Have you ever been audited? If yes, how did you do?
If you have not been audited — there’s hope for you yet:
Middle-class Americans, listen up: the I.R.S. is much more
likely to audit you this year. Those caught cheating can expect to pay
about $4,100 more on average in income taxes.
Since 2000, authorities at the Internal Revenue Service
have nearly tripled audits of tax returns filed by people making
$25,000 to $100,000 as part of a broad change in audit strategy….
Chris Edwards, director of tax policy at the Cato Institute, a
libertarian research and advocacy group in Washington, said that
Congress is driving the need for more audits. Since 1995, he said, “the
Republicans greatly complexified the tax code, contributing to tax evasion and making the I.R.S.’s job more difficult.”
Do you think a Flat Tax would be better than an income-variable/deductions system of taxation or do prefer the status quo?