Thoughts on income tax
Although five days old, Fred Clark, aka the Slacktivist, posted some interesting thoughts. Here's the PowerPoint summary:
- This is not "tax day." It's income tax day.
- Most of us already have a one-page return.
- [Deductibility of health insurance premiums] doesn't apply to those buying it because they work for a miserly publishing giant that does not offer benefits to all of its full-time employees.
- Three hours and 43 minutes to complete the 1040EZ? This is, frankly, impossible.
He does the math and concludes that 1040-EZ requires only two subtractions and a table look-up. How's that for tax simplication?
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