Income Taxes and Record Keeping ( tax ) Message Board

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Strategies & Market Trends : Income Taxes and Record Keeping ( tax )

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To: Senor VS who wrote (826)	3/29/1998 10:28:00 PM
From: OtherChap	Read Replies (3) of 5810

Just insitute a flat tax and nobody will have to worry about all this crap anymore. The tax code is indecipherable, and in many cases contradictory. What's the magazine (forbes?) that does a study every year where they hire 10 tax preparation firms, furnish them all with the exact same information about a ficticious client, and every year for the last 25 years each firm has come up with completely different results.. A flat tax would put many accountants out of business, but that's not my problem- they are an obsolete parasite on our financial system that need to be eliminated. Hopefully we can all soon fill out our tax forms on the back of a postcard.. "Estimated" taxes are the biggest scam since social security.. If you overpay, you dont get any interest on the money (while the IRS happily draws interest on it) but if you underpay, you get penalized. Either way you are screwed. Aint america great?

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