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Obama: Get the dread out of tax deadline day

Discussion in 'Political Zone' started by WoodysGirl, Apr 15, 2009.

  1. WoodysGirl

    WoodysGirl Do it for the Vine! Staff Member

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    By Liz Sidoti, Associated Press Writer – 46 mins ago

    WASHINGTON – President Barack Obama declared on tax-filing day that he aims to take the dread out of deadline day. Obama said at a White House event Wednesday that he's working toward "a simpler tax code that rewards work and the pursuit of the American dream."

    "For too long, we've seen taxes used as a wedge to scare people into supporting policies that increased the burden on working people instead of helping them live their dreams," Obama said. "That has to change, and that's the work that we've begun."

    Obama also met at the White House with several working families to mark April 15 — known notoriously as file-or-else day — and underscore his efforts to make the tax code more fair and less complex.

    He noted April 15 "isn't exactly everyone's favorite date on the calendar." But Obama said the day is a reminder to leaders in Washington that they have a responsibility to the people who elected them.

    The president noted that he's asked his economic advisers to thoroughly review how to simplify the tax code and report back to him by year's end.

    "We need to simplify a monstrous tax code that is far too complicated for most Americans to understand, but just complicated enough for the insiders who know how to game the system," Obama said.

    He added: "It will take time to undo the damage of years of carve-outs and loopholes. But I want every American to know that we will rewrite the tax code so that it puts your interests over any special interest. And we will make it quicker, easier, and less expensive for you to file a return, so that April 15 is not a date that is approached with dread each year."

    http://news.yahoo.com/s/ap/20090415/ap_on_go_pr_wh/obama
  2. trickblue

    trickblue Old Testament... Zone Supporter

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    It's called the flat tax, Mr. President...
  3. Kangaroo

    Kangaroo Active Member

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    hear hear

    It make life eaiser and I know exactly how much to take out each pay check

    The problem is between Tax lawyers and IRS are going to throw such a big stink and money to buy off people it will not happen
  4. DFWJC

    DFWJC Well-Known Member Zone Supporter

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    As long as it's at a decent rate, I'm all for it.

    I'd be curious to see how they would handle mortgage deductions. If that went away we would have another housing market crash...but once over maybe things woud be fine.
  5. iceberg

    iceberg detoxed Zone Supporter

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    i'd love to see him do this. i'd love for ANY president to flatten this out some. but for me, it's about as simple as i can make it. send a few hours when all my mail is in that i need to then print receipts for the year and take them to my accountant at H&R block who's been doing them for me since 2002 timeframe. love her to death! she knows i'm not about "max return" but just play it straight and avoid hassle later. : )

    so $393 later i'm not only done with my taxes, but she did my forms for both LLCs i have that while in name, still must be kept valid.
  6. Phrozen Phil

    Phrozen Phil Active Member

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    Simplified Tax Code:

    Line 1) Please state your gross income for the past year.
    Line 2) Send that amount in. :p:
  7. Doomsday101

    Doomsday101 Well-Known Member

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    To the Obama cabinet members. Do not forget to pay your taxes!!!! Just a friendly reminder would hate for you to forget about it again. :lmao2:
  8. sbark

    sbark Well-Known Member Zone Supporter

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    What other vehicle could a administration send money to non-taxpaying constitutents.........(ie welfare in the form of Earned Inc. Credits).....and call it a tax cut.......

    the present tax code gives too much power, control and favors to D.C. to let it go without a huge battle..........goes for either Democrats and or Rhino's in the GOP

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