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By Tom Dennen, the paranoid historian (Reporter)
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US Tax Code is So Big and Cumbersome, It Costs $1664 Just for a Copy. Fine Print? It's Called the US Tax Code. Efficient? Transparent? Hgh Tech? It's Not Even On Line. Just Pay Up, Suckers. Cash Cows are Good Business...

Thursday, November 22, 2012 23:27

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And for most US cash cows, it’s still virtually impossible to file online. It’s 2012 already, yet taxpayers in most ‘advanced’ western nations still have to carry around reams of paper as if we’re still using the telegraph. – remember who runs the monetary policies of the west – privately-owned, profit-motivated (in it for the money only) foreign central banks including The FED.

Perhaps most shocking is increase in dividend tax rates, set to rise from 15% to as high as 43.4%. Individuals who start productive businesses are being heavily penalized. Individuals who save their money and put it to work investing in other people’s businesses are being heavily penalized. This says a lot about government values.

Ironically, the new government of the People’s Republic of China has decided the REDUCE their tax on dividends. Years ago it was 20%, then dropped to 10% in 2005. Effective January 1st, though, the dividend tax rate in China will drop to a mere 5%.

Which country is being ruled as a Communist State?

Tax policy really tells you a lot about a government… what politicians’ values and priorities are. (Politicians) can SAY anything, but in a way, tax policy is putting their money where their mouths are.

WELCOME ABOARD, SUCKERS… ENQUIRIES ARE IN THE BASEMENT

For example, politicians like to talk about technology, efficiency and transparency. But just take a look at the tax code to see where they really stand. Estonia’s Taxation Act of 2002, which forms the preponderance of that country’s tax code, is 43,370 words.

In Canada, the tax code is close to 1 million words. And in the US, the tax code is so daunting that simply the INSTRUCTIONS for form 1040 shatter the record books at 178,096 words… over four times the entirety of Estonia’s tax code – equivalent to about eight full-lenth novels.

US tax code is so massive, in fact, that the Government Printing Office charges $1,028 just to print a copy of it

And for most taxpayers, it’s still virtually impossible to file online. It’s 2012 already, yet taxpayers in most ‘advanced’ western nations still have to carry around reams of paper as if we’re still using the telegraph.

Then there are the rates themselves. In places like France, Belgium, and Germany where the government confiscates the majority of what people earn, the message those governments are sending is quite clear: citizens are nothing more than dairy cows for the government to milk.

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