Transcript
[An angry kid sits at his desk in school complaining]
Kid: Ugh why don’t you teach us about things we’ll actually need to know as adults?!
[An unamused teacher]
Teacher: Ok, I’m going to teach you how to do your taxes while also dealing the death of a loved one
[The teacher, wearing the same expression, holds a knife in one hand, and a hamster in the other]
Teacher: Please itemize your deductions while I deal with Mister Hamps, the class pet
[A class of shocked and crying kids look on in horror while trying to simultaneously do their taxes. The cries of the hamster off screen are cut off abruptly]
Hamster: SQWEEE- -
Itemizing is a totally waste of your time. Just take the standard deduction.
And that hamster bit me, so stab away, I’ll feel nothing but schadenfreude.
Hope to spot manipulation would be a good one
As funny as this is, I really think an entire year if not a core course on taxes, tax law, rights, law, etc. would have really fucking helped life.
Most people don’t need an education on how to do their taxes. They simply need maths and reading comprehension. It’s not that hard.
These are precisely the things our government does not want you to know.
If we get to wish for a public policy to change, then I’d rather we get 100% of our taxes from the rich, calculated by the government. Henry George was right.
I’ll say it as much as I can. Tax business, on profit not individuals on their salary. Salary comes from a business paying you, they have accountants, they can pay taxes.
And when you tax profits, they have the incentive to reinvest in the company, either by hiring more people, or building things, or spending money on research. Instead of giving record profits to shareholders.
Of course you can have small businesses below certain employee numbers exempt or something like that to help new businesses.
This of course means you can’t hand out “government help” by just taking less taxes from people already making money, and have to install give real help to people in need irrespective of their salary.
And of course there might be some details that should be added to make it good.
in HS I took a class for small business. we learned things like how to use spreadsheets(the paper kind) as well as balancing accounts. we had a whole section based on pricing with supply and demand.
I think we even covered things like different investment options for money.
out of all my friends in my youth, I was the only one who knew how to create a budget and balance my accounts.
wealth intelligence is important to ensure you can not only grow your savings, but protect it as well.
most people don’t even know what a fiduciary is and why it’s important, let alone why a CD might be better than a savings account.
A lot of schools do teach laws, rights and the like to students now.
Taxes, not so useful when filing laws regularly change.
If they know how much I owe, why don’t they send me a bill?
In USA they tax toilet paper and water, you can’t even shit for free.
Also, our labor party is anti-labor, and our smaller government party is pro big government.
Why do we even bother with words? Just do what you want you win
If they know how much I owe, why don’t they send me a bill?
The last time I read about this, it was said that they don’t actually know. They do statistical analysis and audit you if you are an outlier and didn’t pay what people in your similar position payed. I don’t know which metrics they look at though. Theoretically, this means if everyone decided to pay a fixed sum less, the data would work out and they wouldn’t know who didn’t pay enough. Don’t take my word for it though.
They know what’s reported to them including your payroll and bank account income. For the vast majority of people that’s everything you need. They don’t if there’s any special deductions that you want to take. The IRS could take the information they have, send you a form that you either accept as is or add your additional income and deductions.
If they know how much I owe, why don’t they send me a bill?
Because TurboTax and HR Block lobbied to make it like that
This week we will be learning how to apply for a marriage certificate, how to find reputable marriage counselling, how to file for divorce, how to pay alimony, and how to skip nail and move to Venezuela





