Taxes suck
8 02 2007
So as I am embroiled in a battle with my employer and the IRS concerning taxes (read more here) I have once again come to the conclusion that antiquated systems are keeping us from reaching our full potential. What do I mean? The tax system in the US is RIDICULOUSLY complicated – overcharging those who can’t afford accountants or don’t have the education to understand it, and rewarding those who know how to manipulate it – how does this make any sense?
This takes me back to a previous realization that outdated entrenched systems keep us from moving forward. Telcos. Copyright law. our Oil-based economy. Healthcare. Taxes. They’re all systems that were set up a long time ago and then bandaged over and over again to catch up to modern times and now there is so much money invested in them that the people who are winning from the status quo are impeding our national progress.
These exploiters are spending millions of dollars to keep their system in place instead of spending those millions on R&D and the implementation of newer technologies. Telcos pilfered billions of dollars from the US government to build a high-speed fiber optic network in the 90s – then bailed and told the government it was too expensive. Link Here
The oil companies consistently battle alternative sources of energy (while highly publicizing their piddly forays into alternative energy) and higher fuel efficiency standards (thanks for sticking up what’s in our best interest congress & is there a reason why US car manufacturers have the worst fuel economy?). The price of oil affects the price of nearly everything that we consume because transportation costs and oil are directly linked : whether it’s gasoline for your car, food from your grocery store, your purchase from Amazon.com, or a CD from Best Buy – it’s price factors in the cost of fuel for the transportation that gets it to you. With virtually everything based on this one natural resource (that according to the Department of Energy 70% of our imports come from Canada, Mexico, Suadi Arabia, Venezuela, and Nigeria in order of magnitude) why are we not putting everything we have into alternative fuel research – because the status quo is great for oil comapnies and they’d like to keep it that way.
Healthcare! Wow what an awe-inspiring disappointment that is. While providing better care than most nationalized healthcare systems for middle and upper class patients, many of our poorer
brothers and sisters are slipping through the cracks. Due to the heavily weighted system we’ve put in place for Healthcare Insurance providers, normal people get screwed with ridiculously priced services ($80 for a 10 minute consult at my family doctor). It’s known to most people that doctors make a good amount of money, especially if they have their own practice, but what you may not realize is that the doctors are paying ludicrous sums of money to insurance companies to cover them. And what are insurance companies saying, “We [their clients] are using health care services more and more. Not only is medical technology improving, but people are visiting more specialists, more often.” (Blue Cross Website) As the baby-boomer generation grows older, those costs are going to go through the roof. Add to that the problems generated by Americans lack of exercise and bad diet and it’s no wonder we’re going to the doctor so much.
What we need is a revolution. John Edwards is calling for a nationalized healthcare plan which I think is doomed to failure due to the litigiousness of our society – if they can limit tort settlements (breach of agreements entered into involuntarily; IE suing your doctor for making a mistake) to non 7 digit numbers then we might have a shot, but even then… I had a friend in the UK who had 6 months to live and was on an 8 month waiting list to have the surgery that could heal him. Talk about an ineffective system. I know there’s a better way, but too many people are happy with the status quo to make a change.
Back to my original point about taxes – think about the number of people employed as tax accountants and IRS officials – now imagine what would happen if the United States had a flat tax or a stratified flat tax on net income. poof! Hundreds of thousands of jobs would disappear. Definitely not something the IRS or H&R Block want to hear, but is it right for a country to burden its citizens with this? Why doesn’t the government make it as easy and straightforward to pay our taxes as possible – this would make it much easier for them to collect and monitor the entire process and yet I feel like we’re still in the New Deal here, making up jobs so that people have work regardless of its cost to the taxpayer. AHHHHHhhhh!!! I will be filing my 1040, 1040SE, 2106, and 1040C-EZ sometime soon, or some variation there-in.
Wherever you are, whatever you do, don’t let antiquated systems (or mindsets) stand in the way of progress.
Images above taken from following:
Zebra Field from Flickr: Liumorse
Iranian Oil Field from Flickr: The Original Mozzy
Syringe from Flickr: Wakalani
IRS Logo from Aerojockey.com
technorati tags:telcos, oil, healthcare, AntiquatedSystems, outdated, economy, US
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A National VAT would solve the problem!
yeah, but then you hurt tourism and spending…
Check this out…http://blog.thebudgetgraph.com/?p=28
You could probably safely also add “The Church” as one of those systems/institutions that hold back creativity and needs a major overhaul. See you at the barricades!
Good post.