Once again I faced another tense moment while preparing my income tax as I was calculating, and researching ways as to not have to write a check to the IRS this year! Some might say I am part of the 47% that don’t pay income tax and I say “you are right”, but this does not bother me because I pay tax on income in way of payroll tax, ss tax, medicare tax, state tax and local tax so I think that I should be able to find ways (legally and within the rules of course) not to pay income tax!
I squeaked by this year by having the energy tax credit that I was able to deduct, but if not for that I would be writing a check! To top it all off, I already claim zero exemptions and put 15% in my 401K in order to reduce my tax burden and still on the borderline of paying income tax!
So to all of you all that think the 47% that do not pay income tax are dead beat losers that want to live off the government, guess what? I work, do not get a dime from the government and pay a helluva lot in taxes every year through what I produce from work each year and I don’t think this is fair so I will continue to blog about this and write Congress every chance I get until something is changed. For the record.. I wrote the President asking why my bonus is taxed at a higher rate than my pay and once I again I get no response from a government that is suppose to work for me but I will keep wiring because I am least trying to do something!