Re:Our Unpaid, Extra Shadow Work
by recoiledsnake on Sunday October 30, 2011 @10:30AM
(#3174450)
Much of that time is spent on trying to maximize returns by ekeing out every deduction and exploiting every possible loophole or even finding them.
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It says something about our tax system in the US that people need to spend that much time finding, documenting, and calculating deductions that by right are theirs.
I do wish we went to a simpler base deduction then flat rate past that (something like $20,000 deduction per taxpayer then 20%).