Aside from the fact that there is no way this proposal will be passed, a national sales tax is regressive.
A regressive tax disproportionately hurts the poor!
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Aside from the fact that there is no way this proposal will be passed, a national sales tax is regressive.
A regressive tax disproportionately hurts the poor!
Thus you can understand how horrified and humbled I was when I received a letter from the IRS stating that I had made an error. The letter told me that I did not include Schedule M and that I would be receiving $800
I realized something that the famous financial writer, Jane Bryant Quinn stated in one of her many books; If you don’t see money in your account, YOU WILL NOT SPEND IT.
“I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible.”
Milton Friedman
All I can say about this quote is “ME TOO.” Yet I also really like some of the stuff taxes pay for, like roads, national parks, social security, education, etc.
The only way to avoid taxes is to be dead or not to earn any money. Which alternative would you choose? As Franklin succinctly implied, there is no positive manner to get away from the tax man!
Summer’s a time when you can kick back, relax and read a bit more. In that vein, I’d like to recommend some enjoyable and informative articles I’ve come across recently. Get a taste here, and stop by the authors’ sites for the full versions.
Check out this informative TAX-personal finance carnival. Get lots of tax tips in one place!
“A festival marked by merrymaking and processions.” Definition of carnival I would like to invite you to a PERSONAL FINANCE Carnival. There will be lots of personal finance information and tips, and for those of you interested in more money and a better life……..IT WILL BE FUN! What is a PERSONAL FINANCE CARNIVAL? It’s a…
Categories: taxes, goals “I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible.” Milton Friedman All I can say about this quote is “ME TOO.” Yet I also really like some of the stuff taxes pay for, like roads, national parks, social security, education, etc. So…
Copyright © 2012 Barbara Friedberg Personal Finance