Sunday, October 25, 2009

A taxing weekend!!

"There is no such thing as a good tax" - Winston Churchill

Yep, you've guessed it..It's that time of the year again. Twas all la-di-da just comming out of a pleasant winter heading into spring awakening when the tax man cometh knocking at ur door (or more so in this day and age spamming your inbox with emails!!!) and gives you not just a rude awakening but a jolt out of bed!!! huh

I don't understand why us single people just starting out on life need to be taxed out (more so than others!) before we can even get our feet on solid ground!!!! Here are some of my queries/comments...

1. I've been toiling away for 365 days of the year only to be rewarded as being an elite tax payer (aka - single and screaming to be taxed) And what do I get in return for paying my tax promply every single year (that's besides being welcomed into this esteemed category)? Well this year round for added service - email spam and a free computer crash that comes along with using the app!!!

2. If an accountant assists you in lodging your return you can claim his fee. But what about all those people who go through the pain and toruture and trouble of doing it themselves?? (Even the genius in Albert Einstein recognised that "the hardest thing in the world to understand is the income tax.") So howzabt an incentive/service fee for their personal services, time, effort?? nah, we just tax them more for not generating income for all the fat cat accountants out there.

3. Do we get to choose where the government decides to spend the money? More flights for politicians whizzing around the world, money blown up in smoke just to light up the sky for a few people rather than the lives of many more, breakfast on a bridge!!

4. And how much is enough!!! The list does not end with salary tax along...but closely followed by medicare levy, medicare surcharge, entertainment tax, fringe benefits tax, tax on travel, electirity, phone...blah blah blah

5. And to top it all, what do we get in return?? after having stressed yourself out after all those years of paying taxes and you find yourself in need of a hospital bed you'd be sure you'd have to wait for your turn till it finally comess around when your long gone.

6. Hmmm and now since I'm taxed out, what are my final thoughts on this "inevitable"??? - In the words of Bill Archer, the world will be a better place if we "..care for each other more, and tax each other less".