Time to do your Taxes

You got just one more week to get your taxes done. The lobbyists have influenced our politicians with campaign contributions to NOT make it any easier to do our taxes. Why do I have to fill in all those forms when the government already knows what I earn and what I spend my money buying? They should send ME a tax return already filled in for me to sign simply for accuracy. I get stock statements, bank statements and earning statements from everyone. All those statements could be recorded   in IRS Data Banks for MY review. But giant tax preparers like H & R Block and Quicken Books would be put out of business so they feed the law makers with perks so we still have to fill out those damn forms!

Filling out tax returns is a nightmare. What if our credit card companies sent us blank forms for us to fill out? We would need therapy just to deal with that! They don’t make us fill our all our purchases, add and subtract our balance or even force us to keep our receipts. They do it all for us. The IRS could do it all for us since our entire lives are on a computer everywhere.

The average American will spend at least $100 dollars and 8 hours of their time figuring out what to write on the tax forms. We have to make sense of our 1099, W2’s for our 1040   individual income tax forms.  I agree with Stamford Law Professor Joseph Bankman who wants to make doing our taxes much easier. We should only have to read, review and sign the forms in this day of technology. A program could take my mortgage information, earnings statements and banking statements and print the numbers in the required lines. We could download or get a hard copy of it in an instant. It would save the average tax payer time and money and more importantly save us a lot of anxiety each and every year.

Many other countries do this system of filled out tax returns including Sweden and   Australia. The idea was tossed around by Republicans and Democrats who agreed on the system during the Regan era. So, why didn’t it happen? Well we already have a complex tax code and the IRS is currently suffering from a lack of funds. Trump hates having anything to do with his tax returns. He might have to justify all that money laundered Russian money that bailed him out of his 5 bankruptcies

The tax preparers and the tax collectors don’t want to see their jobs be eliminated no matter how good it is for the American public. I prefer a system where the government tells me what they know about me and my finances rather than the guessing game that exists now. There are 120 legislators in our government who are all being charmed with campaign contribution from the tax preparer lobbying companies. Intuit that owns the popular company TurboTax doesn’t want the government to make tax preparing easier for you to do. So the IRS will not have a free tax preparing website. Do we have to put our protest shoes on too over government making our taxes easier? Our shoes are worn out from everything else worth protesting over and besides we have no time to protest. We have only one week left to send those damn tax papers in!