[Novalug] Tax Software Example

[Nino Pereira]

Exactly correct:
> 
> The problem isn't with the multiple rates/flat rate -

(snip)

> The complexity is in the definition of taxable income and offsets/deductions, 
> whether business related (depreciation, wasting assets, reimbursable and 
> non-reimbursable expenses, facility improvement vs maintenance, home office, 
> special credits, etc) or personal (mortgage interest, medical and charitable, 
> the cost of assets purchased at various times and sold at a profit, etc)

It's a nightmare to keep track of this stuff, at least for me. On the
other hand, there are some people who like to organize things like this,
who have large folders with receipts, who put purchases made on credit
cards in their accounting system, etc. 

I admire some of them, the one I'm married to. But, anyone who thinks
like that should not working with the IRS, or better yet, be banned
from Congress where these complicated rules come from in the end.

Nino

 
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