A few facts you might find interesting about taxes and the IRS?

Question

1. Nearly 300,000 trees annually are cut down to produce the amount of required paper for all the IRS forms and instructions.
2. Taxes eat up 38.2% of the average family's income; that's more than for food, clothing and shelter combined.
3. American taxpayers spend $200 billion and 5.4 billion hours working to comply with federal taxes each year, more than it takes to produce every car, truck, and van in the United States.
4. The complete Internal Revenue Code is more than 21 megabytes in length, contains more than 7.8 million words

Answer 1

I've calculated out that I pay about 65% of my income to some sort of tax. YIKES!

Answer 2

#2 is interesting. When you mention taxes, everybvody seems to think of the IRS and the fedeal income tax.
But what we pay for federal income tax is petty cash when you compare it with whay we pay in
1. Social security tax
2. State income tax
3. local or county income tax
4. State sales tax.
5. City income tax ( in some areas)
6.Real estate tax
7. taxes on gasoline
8. "franchise: tax on TV cable and long distance phone
9, County property tax
10. City property tax
11. School tax
12. Sewer tax *( comes with your water bill)
If you own your house, you pay 9-10-11-12 directly, if you rent, these are figured in your rent)
-So, don't just make the IRS the bad guy.
Granted, it is a big one, but all these others add up into some serious money.
At least with theFed income tax,. you have no earnings, you pay no Fed tax, but with the others ( except 2-3-4, you're screwed.)

Answer 3

which is why we either need the flat tax or the fair tax. Do away with the KGB...oops I mean the IRS

Answer 4

Because they left off the grease paint, big bulb noses, and clown consumes.

Answer 5

Taxes are an incurable disease. Once it starts spreading, it doesn't stop anymore, until all victims are dead.