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We finally got in our W-2 forms today, which means it's tax time. All I can say to anybody out there who will be eligible to vote in the primaries on Tuesday is: DO YOUR TAXES before you go to the polls. Maybe what you see will influence your vote.
In the Democratic Debates last night Barack Obama indicated that he wouldn't mind having to pay a bit more in taxes in order to fund certain of his programs (including his health care proposals).
Given that we don't qualify for the child tax credit (earn too much), can't deduct student loan interest (earn too much), got our "energy savings" rebate reduced by almost 90% (earn too much) and our AMT burden increased by $7,000 from last year (when for four months out of the year I essentially had little to no income) tells me that perhaps we're all paying a bit too much in taxes as it is.
If no one won tonight's MegaMillions jackpot the next drawing will be for $102,000,000. I say let's have a national lottery, abolish the tax code and institute the old Steve Forbes' favorite flat tax.
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2 comments:
Your tax comments have made me feel slightly better. Somebody in this world DOES have a higher AMT than we do. I'm seriously bitter about the student loan interest. Considering a run for Congress. Or pulling a Wesley Snipes.
Got to love Wesley! ;)
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