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A Bitter April 15th
Tuesday, April 15, 2008 Flat Tax Why wont this stupid government pass a flat tax and be done with it? Let me pay what I owe once. Don't tax me every time I touch my own bloody money. Nothing angers me more than when I have to pay a second tax and third tax, after an income tax, on money I had in savings. Why is this okay? Why is this even permissible? I don't expect much in the way of the electorate demanding simplicity, but couldn't a brave, and hopefully intelligent, politician see the way? Couldn't one of these elected geniuses offer some kind of two-track tax plan? There should be one for tax payers who love paperwork, and a one-time, once per year tax only on income. And that's it!! Why must there be thousands of pages just to pay taxes? Is the purpose of these byzantine tax laws to ensure a domestic works program for financial planners, accountants, lawyers and their ilk? A flat tax would certainly reduce the demand for these "professionals." A better course of action would be to pass the flat tax, then have all these accountants auditing government spending on entitlements, domestic programs and defense. Bitterness Forget about the opiate of the masses, excessive taxation is legalized slavery. If the government has its citizens in debt to pay taxes, there is no moral difference. It is indentured servitude. Just what do my taxes pay for? Here's an example: a "stimulus" check, where the same money we sent, is returned to the taxpayers. How about not confiscating so much in the first place? If you want to talk about a bitter citizen, then I am your woman. I haven't embraced guns yet, but I'm almost there. 'Cause right now all there is to cling to is God. Labels: bitter, debt, flat tax, IRS, taxes, US posted by GoldenAh
email this! | article source | 0 comments | post a comment Your Money or Your Life Friday, December 28, 2007 Your Money or Your Life, is the non-fiction book by Joe Dominguez and Vicki Robin. It describes in a no-nonsense, hype-free manner, the step-by-step way to transform a life full of debt without direction to one of financial freedom and limitless possibilities. It is not a get rich quick book. To me, it is a how-to on thriftiness, frugality, being poor (not really) and loving it. However, they answer a universal question (well, my universe): Where do I get the time and money to follow a few dreams? The authors flip a number of because-that's-the-way-it's-done on its head. Freedom from debt is the goal. The solution they offer, goes up against a lifestyle of consumption, debt, and scrambling to keep up with the Joneses. Debt is a ball and chain. If it becomes big enough it distorts most decisions made in life. I've read the book several times, it is one of the few I have dogeared. Most books I read are so pristine they look new. I've read (and still read) it religiously, but honestly, I am unable to follow all of their advice. In some areas, I can, but the whole kit-and-kaboodle? Nope. Trying to manage my spending is like trying to watch my eating - it's an eternal diet. I've tried to record my eating and spending. After a while I just forget (fatigue of trying) to tally every penny spent and every bite taken. I can follow most of the goals and hurdles set forth: it is the last steps that I can't handle. Your Money or Your Life, is great at emphasizing how to take back control of your life. It's fantastic for all areas of any sort of money management you desire to follow. Get a different job, a change of "career", move to a dream location and just be ready to make sacrifices. It's an excellent book because of that reason alone.
Labels: bonds, debt, financial independence, money, residual income, savings, work posted by GoldenAh
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