Comments on: The Taxman Got Me http://alephblog.com/2007/04/16/the-taxman-got-me/ Helping Institutions and Ordinary People Invest Better by Focusing on Risk Control Sun, 12 Feb 2012 18:05:33 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Steven Miloshttp://alephblog.com/2007/04/16/the-taxman-got-me/comment-page-1/#comment-444 Steven Milos Wed, 18 Apr 2007 11:02:08 +0000 http://alephblog.com/?p=86#comment-444 David, That's very true. Even up in Canada one hears of the absurd complexity of the US tax code, not to mention the army of lobbyists in Washington. Shocking to contemplate a correlation between the size of the tax code and the number of lobbyists, don't you think? David,

That’s very true. Even up in Canada one hears of the absurd complexity of the US tax code, not to mention the army of lobbyists in Washington. Shocking to contemplate a correlation between the size of the tax code and the number of lobbyists, don’t you think?

]]> By: David Merkelhttp://alephblog.com/2007/04/16/the-taxman-got-me/comment-page-1/#comment-436 David Merkel Tue, 17 Apr 2007 18:03:36 +0000 http://alephblog.com/?p=86#comment-436 Steve, it's not the level of taxation that bothers me as much as the way it gets spent. Living where I do, I have more than my fair share of friends who are in mid-level positions in the military industrial complex. We don't spend smart, and we try to do too much. (Don't get me started on the war... I was even against Gulf War I.) <P/> Beyond that, the complexity of the tax code is mind-numbing. I still do my own taxes. I don't want to give that up, but I am having to do some things that would make some accountants scratch their heads. There are ways to simplify the definition of income; it's not hard to do, but politicians like the Christmas Tree approach to the tax code, hanging out goodies for special interests. <P/> The Tax Reform Act of 1986 was a marvel of simplicity; would that we could go back to it. Only those that benefit from complex tax shelters would be hurt. (My but they are powerful lobbyists...) Steve, it’s not the level of taxation that bothers me as much as the way it gets spent. Living where I do, I have more than my fair share of friends who are in mid-level positions in the military industrial complex. We don’t spend smart, and we try to do too much. (Don’t get me started on the war… I was even against Gulf War I.)

Beyond that, the complexity of the tax code is mind-numbing. I still do my own taxes. I don’t want to give that up, but I am having to do some things that would make some accountants scratch their heads. There are ways to simplify the definition of income; it’s not hard to do, but politicians like the Christmas Tree approach to the tax code, hanging out goodies for special interests.

The Tax Reform Act of 1986 was a marvel of simplicity; would that we could go back to it. Only those that benefit from complex tax shelters would be hurt. (My but they are powerful lobbyists…)

]]> By: Steven Miloshttp://alephblog.com/2007/04/16/the-taxman-got-me/comment-page-1/#comment-432 Steven Milos Tue, 17 Apr 2007 16:18:48 +0000 http://alephblog.com/?p=86#comment-432 David, Well, you're welcome to move up to Canada. Our taxes our due at the end of April, so you get an extra two weeks to file. On the other hand, tax freedom day often arrives 6-8 weeks later up here than it does in the States, so be careful what you wish for.... Steve David,

Well, you’re welcome to move up to Canada. Our taxes our due at the end of April, so you get an extra two weeks to file. On the other hand, tax freedom day often arrives 6-8 weeks later up here than it does in the States, so be careful what you wish for….

Steve

]]> By: Achalhttp://alephblog.com/2007/04/16/the-taxman-got-me/comment-page-1/#comment-431 Achal Tue, 17 Apr 2007 15:52:08 +0000 http://alephblog.com/?p=86#comment-431 Excellent idea, David! Excellent idea, David!

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