141–150 of 304 posts
I for one am fine with taxes being a pain in the ass. That forces people to see what they're paying. If you think they're a pain in the ass, advocate for simpler taxes.
I have "simple enough" taxes that I don't need software. I recently found out that California has the third WORST average IQ as a state (95.5) and that only confirms that 1) I made the right decision to leave California, and 2) ANYTHING California comes up with is almost certainly NOT a good thing by definition that it came from California!!!
Going to paraphrase a quote from a podcast that stuck with me. > What (the left) needs to do is clear out rents. Not just housing rents, but rent seekers. The economy is riddled through with people who do nothing, but get paid because structurally that’s who gets paid. Intuit is one of those companies. They produce a few real products, QuickBooks for businesses and Mint, but overwhelmingly their money comes from the…
The left doesnt really have any power in the US. What passes for the left (the socially liberal corporate elites that run most of the democratic party) are pretty much just as invested in protecting the rentiers as the right wing. Rentier money is structurally geared towards destroying any populist politicians who threaten their rents. It was a fluke that AOC won given her Democratic opponent (when she was unknown) o…
Without debating whether the left has political power (hard to question when the administration and majority of house and senate are left leaning), there's no question that "the left" dominates our media and most of our institutions, and controls (often explicitly as with big tech) the boundaries of allowable discourse.
Earlier quoted context omitted.
Maybe we should let each state run the way they see fit... you know kind of like how the Constitution assumed things should be done until the Commerce Clause was used by the Federal Government to hammer every state into submission.
States love independence until their power grid fails or they get hit by a hurricane or an international pandemic.
There's no free lunch.
I hate wasting at least a day if not more of my life every year filing. As time goes on and i have more assets the time to file goes up as well and gathering all the required documents with every bank having different timelines is a nightmare. But what can I do about it? I would imagine if it went to a vote overwhelmingly people would say no I don’t want to file like this every year. But here we are and honestly I do…
If you have all these assets and your time is valuable I imagine you can cough up a few $ to pay a local tax accountant. I do this for my single member company, it costs $150 each year. Very worth it and a small price to pay. They even do a quick review of my books. At this point I am familiar enough with all the forms that I could probably do it myself in less than an hour. But I don't mind supporting the accountant…
If you want to 'save the nation from tax filing', California should begin by simplifying its own tax forms. I'm sorry... you can't say you're trying to save us from tax filing while simultaneously having a tax form that would put a blank excel spreadsheet to shame. California and the federal government's willingness to write complex, byzantine tax rules, is ultimately what keeps intuit in business.
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But only für employees! As an independent or small company owner you have todo it every year.
According to the World Bank, the self-employed in Germany account for 9.6% of the total employment. So nine out of ten Germans can still avoid filing taxes, which is pretty good. Interestingly enough, the self-employed actually make up a smaller percentage of total employment in the US at 6.1%. So if the US were to adopt a similar system, it'd be closer to 15 out of 16 Americans.
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Not just Japan, also true for the UK with our Pay As You Earn system - you get assigned a tax code, and the appropriate amount is automatically deducted from your payslip. No need to file anything, and refunds/demands get generated automatically each year if you've been changing jobs/not working/other odd circumstances meaning that the amount you paid doesn't match what you were expected to
> the appropriate amount is automatically deducted from your payslip Lol I wish they deducted the appropriate amount. > No need to file anything Not true - many still need to file a self assessment, just like in the US.
Singapore we pay tax for the previous year on a month to month basis. It’s good but I imagine if you end up with less pay than the previous year it could be a strain on life.
I think about 100 commenters mentioned it over the years before I finally switched to it and I haven't looked back.
It's a great product and way cheaper and way easier than TurboTax.
Going to paraphrase a quote from a podcast that stuck with me. > What (the left) needs to do is clear out rents. Not just housing rents, but rent seekers. The economy is riddled through with people who do nothing, but get paid because structurally that’s who gets paid. Intuit is one of those companies. They produce a few real products, QuickBooks for businesses and Mint, but overwhelmingly their money comes from the…
>What (the left) needs to do is clear out rents. Unfortunately in the US the rent seekers have an easy hack to make sure that never happens: lobbying. The system will never change unless we vote out the current politicians, and then maybe it will change. We might have to clear out most, ideally all of the applicable congress every election cycle for a few years before we see any results. As long as we keep voting in…
This would require a nationwide general strike to show the people are serious. Most people are not serious about anything beyond TV, social media, and more personal debt.