A Look at my Platform – Income Taxes
Over the next couple weeks, I will take issues from my platform and further explain my positions. Today, I will discuss my views on income taxes.
The current tax code is too difficult. My tax code would involve all Americans sending in 100% of their income and giving a refund every Friday once the government bills are paid for the week.
This will accomplish a number of goals:
- It will make sure all of the government’s bills are paid and we don’t borrow to pay for government.
- It will curb spending because many people will complain if they’re not getting enough money back.
- It will assure that people have money for the weekend.
People will get less money back at first because we have to pay off the debt. The goal is to eventually limit the amout of money government needs to spend to 20% of people’s paycheck.
As for getting paid every Friday, this will be in effect even if you only get paid once every two weeks. Welfare recipients will recieve their benefits every Friday. Hush money will be paid every Friday.
This is the most sensible plan because it allows government to pays its bills without running a debt and people will get a sense of how much it costs to run government. People will also have money for the weekend every weekend.
Tax Returns Released
Here is a summary of Ahmnodt Heare’s 2007 Tax Returns:
Adjusted Gross Income: $15,362
Taxes Paid: $1,536
Taxable Income: $6612
Donations to Charities: $10,000
- Habitat for Hotties – $5,000
- The Museum of Paraphernalia – $4, 990
- Other Noteworthy Charities (Save the Children, Unicef, ASPCA, etc.) – $10
Tax Return Release
I never realized just how successful I was last year. And one of the consequences of success is paying more taxes. I only made $15,000 two years ago. It was $72,500 last year. While it is good that I made more money, I had become so accustomed to paying in the 10% bracket. I had set aside $7,250 for taxes. My tax burden was $14,313. I am unhappy having to cough up an additional $7,063 by April 15. While my tax rate is 100% for all Americans, there is a provision where people would get refunds every Friday.
Income: $72,500
Taxes Withheld: $7,250
Taxes: $14,313
Deductions: $1,000
Money due to IRS: $6,063
Donations made in 2009:
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March 26, 2010 Posted by Ahmnodt Heare | Ahmnodt, commentary, humor, satire, taxes | charities, donations, income taxes, IRS, withholding tax | Comments Off on Tax Return Release