January 1.
Happy New Year!
Or so you thought.
Today, is actually the day you begin to work for the government. You will slave it out for the next three and a half months until April 14, 2007 gathering money for the government to spend. By April 15, you can then relieve yourself with the idea that you are finally working for yourself.
So how did we arrive at this?
Well, granting that 28 to 30% of your annual earning is allocated to taxes, that would mean that a conservative 28% of your 365 days for 2007 would be devoted to just that....paying taxes or plain and simply, working for the government. 28% of your 365 days is about 104 days or, the same amount of time between January 1 to April 14. Little wonder then that the deadline for filing income tax returns is April 15.
Surprise, surprise!
Happy New Year!
(if this really bothers you, then you can just read Robert Kiyosaki's books to find out how some people end up paying less taxes without actually evading them)
Such a gloomy thought! Especially because we know what are government does or doesn't do :0
ReplyDeletePaki blog na lang din yung summary nung book :) Happy New Year Lloyd!