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cheapbag214s
Posted: Mon 3:14, 08 Jul 2013
Post subject: Complex IRS forms no big deal-spun5
Complex IRS forms no big deal
Yesterday,
Merrell online
, I posted on the fact than nearly 90 % of individual taxpayers need to either pay an expert preparer or buy software to assist file their tax returns. I argued this was,
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, in effect, a government mandate nearly as onerous as the new, much-reviled, requirement that Americans buy health insurance.
To my amazement, many readers responded that tax complexity isn't any problem. Buying software didn't bother them a little. Here, from tanstaafl,
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, is a typical response:
I pay anyone to fix my car--does which means that that cars are extremely complex,
Merrell Shoes
? I pay someone to fix my leaky pipes--is plumbing too complex,
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? I pay someone to fix my shoes--are shoes too complex,
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? I pay someone to cut my hair--is hair too complex? How much of an absolutely idiotic opinion to hold--that taxes are extremely complex because middle and upper class Americans be forced to pay anyone to enable them to file,
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.
Now,
giuseppe zanotti
, it is possible that tanstaafl is a tax preparer,
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, or maybe files a simple 1040 EZ. However i suspect many people do share this view. And that raises another interesting question: Has relatively cheap software made us indifferent to complexity? Do we no longer care how complicated the Revenue Code is since Turbo Tax can do everything for us anyway?
To conquer a dead horse, the political economy of all this troubles me. Extreme complexity isn't just annoying and somewhat costly. It also makes the tax system more opaque. Voters have no idea who is getting special deals and who is not. Typically,
Roger vivier flats
, In my opinion most of us don't know just how much we pay in taxes.
Don't think me? Do this experiment: The next time put forth a party, ask people just how much they paid last year. They may remember their refund, but I'm sure they will not know what their total tax bill was.
Here a bit of more scientific evidence: A CBS/New York Times poll drawn in February implies that 77 percent of respondents thought President barack obama either raised taxes or kept them exactly the same in his newbie in office. Actually,
roger vivier heels
, the 2009 stimulus bill (the President's major tax initiative) cut taxes for 89 percent of tax units and slashed overall taxes by $200 billion dollars in 2009 and 2010.
This ignorance matters. For just one,
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, tax rates often go up when individuals are not aware what they're paying. Amy Finkelstein at MIT did a nice paper about this in 2007. It cannot be a good thing whenever we do not know what we should pay in taxes. Uninformed voters aren't great for democracy. How can they evaulate tax laws when they can't understand them? And complexity is really a primary reason why they cannot. So,
roger vivier sandals
, no,
coast dresses usa
, spending money on tax prep is not like paying someone to fix your vehicle.
Add/view comments about this post,
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.
------------------------------
The Christian Science Monitor has assembled a diverse group of the very best economy-related bloggers available. Our guest bloggers aren't employed or directed through the Monitor and also the views expressed are the bloggers' own, as is responsibility for the content of the blogs. To make contact with us about a blogger, click the link. To add or view a discuss a guest blog, go to the blogger's website by hitting the hyperlink above.
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