Here are some fun tax facts that were found on the back of some Cleve Tidwell literature handed out at last week's Tax Day Tea Party in Denver. Great info, and really fun tax facts!
5) The U.S. “tax army” is bigger than the U.S. army in Iraq.
Income taxes are so complex that there are up to 1.2 million paid tax preparers in the country -- six times more than the number of troops in Iraq.
4) Voluntarism works for the U.S. military, not the income tax.
For years, officials have hailed the income tax as a voluntary system. But with 32 million IRS penalties assessed each year and about $10,000 in income taxes imposed on each taxpaying household, the tax isn’t voluntary and these customers aren’t satisfied.
3) There are over 50 different types of taxes in the United States.
Most of these taxes did not exist 100 years ago and our nation was the most prosperous in the world, had absolutely no national debt, had the largest middle class in the world and only one parent had to work to support the family.”
2) Colorado’s Tax Freedom day was Sunday, April 12th.
Tax Freedom day is the day when Coloradans have earned enough money to pay off their entire tax burden. What this statistic is saying, is that we work the first three months and twelve days every year, just to pay our taxes!
1) The original Boston Tea party was a result of a 3% tax on tea. 5) The U.S. “tax army” is bigger than the U.S. army in Iraq.
Income taxes are so complex that there are up to 1.2 million paid tax preparers in the country -- six times more than the number of troops in Iraq.
4) Voluntarism works for the U.S. military, not the income tax.
For years, officials have hailed the income tax as a voluntary system. But with 32 million IRS penalties assessed each year and about $10,000 in income taxes imposed on each taxpaying household, the tax isn’t voluntary and these customers aren’t satisfied.
3) There are over 50 different types of taxes in the United States.
Most of these taxes did not exist 100 years ago and our nation was the most prosperous in the world, had absolutely no national debt, had the largest middle class in the world and only one parent had to work to support the family.”
2) Colorado’s Tax Freedom day was Sunday, April 12th.
Tax Freedom day is the day when Coloradans have earned enough money to pay off their entire tax burden. What this statistic is saying, is that we work the first three months and twelve days every year, just to pay our taxes!
3% was all it took to put our Revolution into motion! Today, income tax rates range from 19% to 44%!
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