Facts, Quotes & Thoughts About Taxes

Monday Morning Match is a quick post – maybe a quote, inspirational story or idea – intended to spark some motivation inside each of you so your week gets off to a fantastic start on Monday morning.

In honor of this week’s Tax Day (April 17th in the United States this year), here are some great quotes on the topic of taxes.

  • “People who complain about taxes can be divided into two classes:  men and women.”  ~Author Unknown
  • “It’s income tax time again, Americans:  time to gather up those receipts, get out those tax forms, sharpen up that pencil, and stab yourself in the aorta.”  ~Dave Barry
  • “America is a land of taxation that was founded to avoid taxation.”  ~Laurence J. Peter
  • “I’m proud to pay taxes in the United States; the only thing is, I could be just as proud for half the money.”  ~Arthur Godfrey
  • “The best things in life are free, but sooner or later the government will find a way to tax them.”  ~Author Unknown
  • “The wages of sin are death, but after they take the taxes out, it’s more like a tired feeling, really.”  ~Paula Poundstone
  • “A fine is a tax for doing something wrong.  A tax is a fine for doing something right.”  Author Unknown
  • “Intaxication:  Euphoria at getting a refund from the IRS, which lasts until you realize it was your money to start with.”  ~Author unknown
  • “You don’t pay taxes – they take taxes.”  ~Chris Rock

Did you know that…

  • The federal tax code has increased 16,775%. In fact, according to the U.S. government, the federal tax code contains 3.8 million words, which is approximately 5 times as many words as the Bible. Political Calculations notes that the federal tax code is 71,684 pages in length. 
  • It’s estimated that there are twice as many tax preparers as there are police officers in the US.
  • In addition to the $20 billion Americans spend each year filing taxes, Americans contribute a total of 8 billion hours each year handling their taxes.
  • While 84 percent of Americans claim it is not at all acceptable to cheat on taxes, 47 percent of Americans do not even pay taxes.

Here’s a great idea for you this week. Give your accountant or CPA a call and see if you can invite him or her out to lunch or maybe meet up with them for a few beers next week once they gets done with their client’s late returns and extensions. I’m sure they’ll welcome the company of a non-tax person and it’ll be a great opportunity to say “thanks” for their hard work and efforts.

Who knows? Maybe they’ll know someone who needs to find a great use for that large tax return they just received.

Now get back to work. You’ve got to earn some income to pay that next quarterly payment.

 

 

 

 

 

 

Photo Credit: Derek Gavey, Creative Commons 2.0

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