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That’s next on the short term agenda. Eliminate cash, and implement a digital currency.
This way, those who control the digits, control the mental midgets that agreed to go along.
If you speak out against the machine, the machine can simply turn off your “electronic currency”. Go to the store to buy your groceries, DECLINED. Then what? Then you decide that if you want to eat, you must go along with the requirements they establish that identifies you as a good global citizen, which instantly makes you more “agreeable” to anything they want you to agree with.
Have you gotten your booster shot? No? Declined. You want your paycheck? Make sure you have all of the requirements met, which includes not causing trouble by speaking your mind.
Total control.
"And that no man may buy nor sell, unless . . . . " People are so stuck looking for and in a number and miss the point.
I agree, I believe the tax code is 84,000 pages and so complicated that people can't possibly understand it and people must hire CPAs to keep them legal. There is so much misinformation via media outlets to manipulate the masses. It is easy to lie to people who don't have the knowledge. The rich hire CPAs and attorneys.
Ted Cruz once proposed he would make the tax code so simple you could do your taxes on a postcard. That idea should gain traction again.
Ted Cruz once proposed he would make the tax code so simple you could do your taxes on a postcard. That idea should gain traction again.
It won't happen for many reasons.
- Gov't is able to take more $$ from the people because people don't understand taxation.
- Gov't uses the tax code to influence behavior. The sin tax; increased taxes on goods might make people less likely to purchase.
- Gov't encourages people to invest. Ex, Gov't doesn't want to be a landlord so the tax code encourages people to invest in rental real estate.
I did my own business taxes for 40 years and was never audited or questioned at all. It is possible to do your own taxes. I have seen places like H&R Block do a horrible job. They will do it the easiest way and not the best way to get you a bigger refund.
I agree, I do all ours as well. Sometimes you're not the target of the audit, they are trying to get info on another business.
Ted Cruz once proposed he would make the tax code so simple you could do your taxes on a postcard. That idea should gain traction again.
With a complicated tax code it is easy to manipulate people into thinking the gov't is going after the rich when in fact the gov't target is where the money is, the middle class.
I have to laugh, I'll never forget a hard-core Democrat screaming that gov't should tax the bejesus out of landlords. LOL, think about the fallout for that lol. She wanted to punish landlords but didn't even understand what she was demanding and how it would negatively affect her. I still laugh at that one.
Form 1040 has 20 attachments (up from 14 before 2018), called "schedules")
Schedule A itemizes allowable deductions against income; instead of filling out Schedule A, taxpayers may choose to take a standard deduction of between $12,000 and $24,000 (for the tax year 2018), depending on age, filing status, and whether the taxpayer and/or spouse is blind.
Schedule B enumerates interest and/or dividend income, and is required if either interest or dividends received during the tax year exceed $1,500 from all sources or if the filer had certain foreign accounts.
Schedule C lists income and expenses related to self-employment, and is used by sole proprietors.
Schedule D is used to compute capital gains and losses incurred during the tax year. NOTE: Along with Schedule D, Form 8949 and its Instructions may be required.
Schedule E is used to report income and expenses arising from the rental of real property, royalties, or from pass-through entities (like trusts, estates, partnerships, or S corporations).
Schedule EIC is used to document a taxpayer's eligibility for the Earned Income Credit.
Schedule F is used to report income and expenses related to farming.
Schedule H is used to report taxes owed due to the employment of household help.
Schedule J is used when averaging farm income over a period of three years.
Schedule L (until 2010) was used to figure an increased standard deduction in certain cases.[2]
Schedule M (2009 and 2010) was used to claim the Making Work Pay tax credit (6.2% earned income credit, up to $400).[3]
Schedule R is used to calculate the Credit for the Elderly or the Disabled.
Schedule SE is used to calculate the self-employment tax owed on income from self-employment (such as on a Schedule C or Schedule F, or in a partnership).
Schedule 8812[4] is used to calculate the Child Tax Credit.
One caveat --> Tax the Rich do indirectly hit the rich, it makes the middle class poorer so they must cut back on their expenditures which indirectly hits these rich companies. Happy?
What the tax code is doing is trying to choose our values for us. Politicians use taxes to manipulate us. Mortgage deductions steer us to buy bigger houses, and solar tax credits persuaded me to put solar panels on my roof. Every time tax rules nudge us in a chosen direction, they preempt the market's signals. Government gets moralistic about it, too, placing "sin taxes" on items like cigarettes and fat, plus luxury items like yachts that some find decadent.
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