Tuesday.... The Federal Income Tax filing is near.

 Picture of the day.

Now for today’s stuff:

Well, I finally took the bull by the horns and filled out our tax returns. For a while when I ran a business, I had a CPA. That was only because my brother, a successful businessman in retail sales, asked me once who did my taxes. I answered, “ME.”

He informed me as a businessman, I could not do that,  imma thinking he was saying I wasn‘t smart enough,. Any way I found a CPA and quit doing my taxes until the CPA passed away.

Over the years it has become more complicated, but still I prefer to do ours. I guess I am cheap....... Well I do not guess that. LOL

Anyway, that is done; we have been residents of Florida for years (we have 'no' state tax). When living in NC we paid state income tax as well as Federal. 

This time of the year I sit around and think. It would be so simple if everyone who earned over $30,000 a year would pay a flat 10% fed tax.

Amazing once when President Nixon’s tax returns were made public, I had paid more taxes than he did and he was my commander in chief. LOL Nixon was not even a billionaire. Now the present president in the past few year paid ZERO tax, and him a billionaire.

I am not sure if anyone has read all of the tax code. I have read what effects our return; the only thing that baffles me is the formula for figuring how much of one's SS is taxable. It is NOT that it is so complicated, it is just that the mathematic gymnastics is so strange, with no logic, to my mind.

I am not saying either president or other Billionaires are breaking the law, they are within the law they just have a FEW more loopholes than you and I. LOL

I have beat that subject to death, so imma quit.

I do love this country and we but taxes are a must to run it, keep order and fix the roads. But taxes ain’t no fun.

Most of my life I have heard, There are 2 sure-things in life, death and taxes. YEP!

Nite Shipslog

PS: If you are still reading, THANKS, you B sweet.