Good day all. Oh who the Hell am I kidding? I’ve just done my taxes and I have my theme song running through my head. It goes, “I owe, I owe, it’s off to the IRS my money goes…” Yes, I’m going to have to shell out quite a bit this year and I’m not happy.
I did see a nice bump in my take home pay, thanks to President Trump’s tax cuts, but that isn’t where I’m getting hit. It’s capital gains taxes where I’m taking it in the shorts. I’ve been investing in the stock market for decades, and my annual dividends are hitting the take off point. Because of this, The Progressive Liberal Democratic CommuNazis want to take it all away from me because “It’s not fair that I know how to handle my money.”
Oh, excuse me. The Progressive’s money. They just let me keep a small amount, and if the current idiots have their way, they’ll take that as well. If you have been paying any attention to the candidates on the Democratic CommuNazi side, all you’ve heard is “We’re going to raise your taxes so we can give illegal aliens and those to lazy to work lots of free stuff.”
Well, I knew I was going to have to pay this year, and pay…and pay some more. What really pisses me off is I have to actually pay money to my state government, New Hampshire. I found out last year that if you do well with your dividends, they want a cut. They should treat dividend income like they treat regular income, (What you get paid from your job), and not tax that either.
I used Intuit’s TurboTax again this year and I wasn’t happy with it. It pulled most of my financial paperwork in from my financial institutions, but I still had to spend a good 4 hours going through everything and making corrections. (I pulled the actual documents in from my financial and investment firms) I had to go through each entry and manually make changes to give an accurate assessment. I think my review of TurboTax this year isn’t going to be as glowing as usual. Needless to say, I’m not filing my taxes until the last possible moment.
I want to keep getting interest and dividend payments, and not give that to the Government. Now you might be wondering why I didn’t get any sort of a refund. This is intentional on my part. If you are getting a refund, it means you are withholding to much, and are, for all intents and purposes, giving Uncle Sam an interest free loan.
If I were dictator, I would do away with the withholding system, and change the filing date to the first Monday in November. Since the elections are on the first Tuesday, think of all the outraged voters going to the polls. It would be better then term limits. Of course, the Deep State Swamp dwellers of the Beltway Uniparty will never do anything like this. They have strong allergies to rope, tar and feathers. Still, one can dream.
Thatisall
(3 votes, average: 2.00 out of 5)
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