No state income tax
It’s great – I love Texas for the simple fact that there is no state income tax. Being a grown-up sucks sometimes. Texas makes that easier.
Outside of tax simplification, here are other reasons that I can think of for Texas’s dominance:
- Everything is bigger here
- Generally good-looking women
- Mexican food
- Mike Jones
The main point of this post is to bitch about taxes (and government indirectly). If you’re in the mood for first world problems, please continue reading…
Every time I file my taxes, I want to punch Uncle Sam in the face. That is putting it pretty lightly, too.
I just wrapped up the rage session of filing my taxes for 2012. This year my amount owed almost doubled from last year. According to my preliminary calculations, I owe an amount which is equal to a whopping 1.5% of my annual salary. What?? I don’t get a return… I owe money. Uncle Sam, I thought we were buddies…?
Yes, I am going to check my calculations at some point. But I need to let my blood stop boiling first. Maybe that 1.5% number seems small?
Come on Brett… You just have to pay a small percentage of your annual salary to the government. They do so much for you, so I’m sure you can manage to give this small amount.
Let’s put that 1.5% into perspective: I get paid bimonthly, (basically) max out my investment options, and withhold the recommended amount for my salary. Those three factors combined mean that 1.5% of my annual salary is equal to roughly half of a paycheck. For me, that equates to about two months of rent and utilities.
OK, so I paid a decent amount of money throughout the year and now I have to pay a large lump sum of money. I can get over that I guess. But the least Uncle Sam could do is provide some lubricant. I mean, really… Who has ever used TurboTax? They draw you in with the simple wizard-like interface and importation of your W-2.
Don’t worry, we’re TurboTax. We’ll make sure that you get screwed out of the most money possible. And please pay us for helping you pay your good pal Uncle Sam.
One minute, you are flying through your tax “return”. The next minute, TurboTax asks you for line 48b of form 14918394ASFN-LAH from 3 years ago. No problem, I’ve got that in my back pocket…
Sarcasm aside, I realize that TurboTax is a great tool that is making the most of a bad (read, dog shit) situation. How did filing taxes become so complicated? I consider myself to be at least of average intelligence and filing taxes is still really confusing to me. And I have a very simple situation (single, no property, etc.) as far as filing taxes is concerned. That is a problem, America. Can we really expect the general population to file their taxes without help? Nope.
Enter IRS. I don’t even want to touch that…
To be honest, I didn’t start writing this to share solutions… I just wanted to cry a little bit.
But low and behold: FairTax! Here are some highlights outside of simplifying the complex, broken tax system:
- Keep your entire paycheck
- Everyone pays fair share
- Pay tax only on what you spend
- IRS no longer needed
In my opinion, this is something that Democrats and Republicans could back. Everyone has to pay taxes. And I don’t think anyone is happy whilst doing so: