Tax day "fun facts"

[Peaches]

1. We begin with a statistic that should jolt you right out of your seat. Have you ever stopped to consider just how many cumulative hours are spent across this entire country every year just handling the paperwork associated with the federal income tax? American businesses will spend about 3.4 billion man-hours doing tax paperwork this year. Individuals will spend another 1.7 billion man-hours. These figures represent 3 million people working full time all year just to do tax preparation work. Now --- get this. It takes more man-hours in this country to pay federal income taxes than it does to build every car, van and truck produced in this country during the same year. (Money Magazine)

2. Where does your tax money go? Try this: Between 1986 and 1998 the IRS spent $5 billion of your money on a computer system that they were never able to get to work. Five Billion … that’s with a “B”.

3. Taxes now comprise 31% of the cost of a loaf of bread, 30% of the cost of a hotel room and 43% of the cost of a bottle of beer. (Money Magazine)

4. The two major tax writing committees of congress are the Senate Finance Committee and the House Ways and Means Committee. Money Magazine reports that seven out of ten members of these committees cannot figure out their own taxes. They have to hire professionals.

5. Your government recently gave $170 million to a group called PSI. PSI was founded by Philip Harvey. Philip Harvey runs a mail-order porno business called Adam and Eve. PSI wants to hand out condoms around the world. They now have $170 million of your money to fund their project. (Why didn't any of US get in on that deal??!)

6. At a series of employee retreats workers played children’s games and sang “We are family.” They wrote Christmas carols, went on treasure hunts, dressed in cat costumes and talked to imaginary wizards and magicians. It was a “team-building” exercise for the U.S. Postal Service. Cost? $3,600,000.00.

7. There are 1.2 million paid tax preparers in the United States. That’s six times more than the number of troops in Iraq. These 1.2 million people add absolutely nothing to our quality of life or standard of living.

8. Do you know what IRS form 8845 is? It’s the form you fill out to get your “Indian Employment Credit.”

9. In 1969 the congress discovered that there were 155 taxpayers who paid no taxes because their deductions eliminated their tax liability. That’s when congress passed the Alternative Minimum Tax … just to catch those 155 taxpayers. Today the AMT nails 3 million taxpayers. Within 7 years that figure will soar to 36 million.

10. The IRS still insists that the income tax is “voluntary.” If you believe that then you believed Bill Clinton when he said that oral sex isn’t sex.

[Winetalk.com]

10. The IRS still insists that the income tax is “voluntary.”
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it is but in the different sense..
(I love giving English lessons ;-)

VOLUNTARILY is that YOU are the one who reports income and calculate your tax liability,
instead of some bureacratic agency...

[Rolo]

Tax is wrong!

[Rox]

5. Your government recently gave $170 million to a group called PSI. PSI was founded by Philip Harvey. Philip Harvey runs a mail-order porno business called Adam and Eve. PSI wants to hand out condoms around the world. They now have $170 million of your money to fund their project. (Why didn't any of US get in on that deal??!)

I hope lots of those condoms make it into the hands (and onto the cocks) of as many of the more stupid Americans as possible. It'd be worth the tax money to me to see fewer stupid people passing on their intellectual inferiority.

[XXXPhoto]

Originally posted by Rox@Apr 16 2003, 07:16 AM
It'd be worth the tax money to me to see fewer stupid people passing on their intellectual inferiority.

Rox:

But who will be left to post at GFY if ijits stop being fruitful?