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Showing posts from August, 2017

Good Regulations = Easy Taxes

Good Regulations = Easy Taxes It should only take you 5 minutes to file your taxes. It  takes the average American 13 hours . Billion dollar corporations and anti-government anti-tax crusaders work tirelessly to ensure we spend more money and time on taxes than we need to. WTF. The government knows a lot about you. They know how much you make, who paid you, and how much you should be paying in taxes. Through an optional system called “return-free filing,” the IRS could provide you with a pre-filled tax return the average American would review for 5 minutes and approve. Instead, America is the only rich country that makes its citizens gather forms to file their taxes . Other countries, including Denmark, Chile, Sweden, and Spain, make “return-free filing” available to their people . In  Estonia (of all places), 95% of taxpayers handle their taxes online and most pay with just one click . The benefit (time savings) is straight-forward and there is no risk. Return-