What are your deductions? It seems that I can't deduct a damn thing anymore.
Standard deduction. Our itemized barely exceed the standard deduction, so we use that to minimize any audits.
What are your deductions? It seems that I can't deduct a damn thing anymore.
A family of four making $60,000 per year has less disposable income than the same family making minimum wage, if they avail themselves to all the entitlements. While you pay for your own food, housing, health care, fuel and life's other necessities, the takers can get all their needs paid for by you and blow their earnings on whatever they want.
The IRS is nothing more than the governmental partner and collection agency of the private Federal Reserve Bank. We like to think the 16th Amendment that created the income tax and IRS in 1913 pays for all the services we expect, but most of the receipts go back to the private Federal reserve in the form of interest payments on all the money they created from thin air, backed with nothing, at interest. Strangely, there IS NO LAW that says we have to pay income tax on wages, but try telling that to the IRS agents when they SWAT-team your house. Our "voluntary" tax will be collected one way or another.
The IRS is nothing more than the governmental partner and collection agency of the private Federal Reserve Bank. We like to think the 16th Amendment that created the income tax and IRS in 1913 pays for all the services we expect, but most of the receipts go back to the private Federal reserve in the form of interest payments on all the money they created from thin air, backed with nothing, at interest. Strangely, there IS NO LAW that says we have to pay income tax on wages, but try telling that to the IRS agents when they SWAT-team your house. Our "voluntary" tax will be collected one way or another.
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