[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

Adolf Hitler had 'some good ideas', a fifth of Gen Z Americans believe according to Daily Mail poll

New 4um Site Software Ready For Review

"Calling Me Names Is NOT Gonna Stop Me!" Tucker Carlson on Ted Cruz, Trump, Israel & 9/11

Vietnam Erases 86 Million Bank Accounts – (NWO) Great Reset in Motion

Vietnam Erases 86 Million Bank Accounts – (NWO) Great Reset in Motion

Rifle Ammo In Kirk Assassination Engraved With 'Transtifa' Ideology: Law Enforcement Memo

Time for MASSIVE change in America (Black Crime and the Media))

How Much Are Teachers Paid Around The World?

Spain's Power Grid: Net Zero Drive Pushes Economy Toward Paralysis

Pepe Escobar: So the death cult "defends itself" by bombing..

Banks Are Hiding Credit Losses (Here’s How) | Bill Moreland of BankRegData

Housing stability is being propped up by hidden bailouts and toxic FHA debt,

Why Did Qatar's Air Defenses Fail During Israel's Attack?

German POWs Expected Execution — Instead an American Farmer Invited Them for Dinner

Charlie Kirk has been shot

Elon Musk Commits $1 Million To Murals Of Iryna Zarutska Nationwide, Turning Public Spaces Into Culture War Battlegrounds

Trump's spiritual advisor, Paula White: "To say no to President Trump would be saying no to God."

NETHERLANDS: Young natives are hunted and beaten on the streets by savage migrants

Female Police Officers Arrest Violent Man The Ponytail Police In Action

Lighter than Hare - Restored Classic Bugs Bunny

You'll Think Twice About Seeing Your Medical Doctor After This! MUST SEE

Los Angeles man creates glass that withstands hammers, saving jewelry from thieves.

This is F*CKING DISGUSTING... [The news MSM wishes you didn't see]

Nepal's Gen Z protest against Govt in Kathmandu Explained In-depth Analysis

13 Major World War III Developments That Have Happened Just Within The Past 48 Hours

France On Fire! Chaos & Anarchy grip Paris as violent protesters clash with police| Macron to quit?

FDA Chief Says No Solid Evidence Supporting Hepatitis B Vaccine At Birth

"Hundreds of Bradley Fighting Vehicles POURING into Chicago"

'I'll say every damn name': Marjorie Taylor Green advocates for Epstein victims during rally

The long-awaited federal crackdown on illegal alien crime in Chicago has finally arrived.


Editorial
See other Editorial Articles

Title: Should the government do your taxes for you?
Source: [None]
URL Source: http://news.yahoo.com/government-ta ... TGlzdAR2ZXIDYTYzNjQ3MzAtODhjNy
Published: Apr 18, 2012
Author: staff
Post Date: 2012-04-18 04:45:52 by Tatarewicz
Keywords: None
Views: 149
Comments: 1

The IRS already has all your financial information, and could theoretically just send you a bill every April for what you owe

It's tax day, and as procrastinators across the nation scurry to file their returns, they might be forgiven for wondering, "Why isn't the government doing this for me?" In the more hopeful days of 2008, then-candidate Barack Obama promised to "dramatically simplify tax filings so that millions of Americans will be able to do their taxes in less than five minutes." Obama's proposal bore similarities to California's ReadyReturn program, in which the state sends residents their completed returns, listing the amount they owe or the amount they'll be refunded. All residents have to do is sign the return and send it back. Should the federal government follow suit?

Absolutely. Filing taxes is totally unnecessary: "The extremely annoying process of actually filling out the forms and calculating the required sum is a completely unnecessary evil," says Matthew Yglesias at Slate. After all, the IRS has "almost all relevant information about your money," since your employer, bank, stockbroker, and others "submit paperwork about your income." Most of the "pain of tax compliance could be eliminated by a few keystrokes at IRS headquarters." "Who wants taxes to be more complicated?"

But programs like ReadyReturn could hurt compliance: The main reason most people don't cheat on their taxes is because they're afraid the IRS might have some document from their employer that catches them in a lie, says Josh Barro at Forbes. But in a ReadyReturn system, "the government has to lay its cards on the table," and the taxpayer "knows exactly what the government knows about his earnings." If the government makes a mistake in the taxpayer's favor, he's unlikely to report it. "It's a lot like when you check out of a hotel and review your bill." If the hotel fails to "charge you for one night of parking," do you "call the clerk's attention and ask for a parking charge to be added? Be honest." "Why doesn't the IRS do your taxes for you?"

And tax companies won't let us do away with personal filing: "Who doesn't like an idea that is so simple and convenient and just generally helpful?" asks Matt Stoller at Republic Report. The companies that make their daily bread from helping you prepare your tax returns, of course. Tax-filing software companies like Intuit have spent millions of dollars lobbying Congress to make it "more annoying for you and me to file our taxes." Making taxes simpler is also opposed by "right-wing tax groups," since it could reduce public antipathy toward taxes in general. "Corruption is why you can't do your taxes in five minutes"

View this article on TheWeek.com Get 4 Free Issues of The Week


Poster Comment:

From among comments:

DORIS • St Louis, Missouri • It would mean that they would have to simplify the filing to the point that a government employee could understand and compile it. As it is they employees of the IRS can't do any better than we can. And then they couldn't blame us and penalize us when we get it wrong, even if we were following the advice of their employee. +9

Paul • Far better to have your bank do the return. Banks already have most of the information about you. Some even copy your driver's license. you could keep the bank updated about deductions, etc., which would automatically go into your tax file.

Would eliminate an unnecessary bureaucracy which could better serve taxpayers by fixing potholes, building infrastructure, caring for disabled, etc.

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: Tatarewicz (#0)

That's a good idea for the slaves ... it'd give em more time for working.

"APRIL 15th is really APRIL FOOL'S DAY"

noone222  posted on  2012-04-18   4:50:17 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]