Happy Tax Day!

April 17, 2012 at 11:06 am 1 comment

Today, April 17, is Tax Day in the US. Of course, usually it’s on the 15th, but this year the 15th was a Sunday and the 16th is Emancipation Day in the District of Colombia. So this year, today is the day.

Over the past few years, Tax Day has been dominated by Tea Party protests. Perhaps the biggest year for said protests was 2010. But many people now associate Tax Day with the Tea Party, or at least even more than they did before with an anti-tax sentiment.

Yet, taxes are critical to a functioning society. Important services like roads, schools, some hospitals, libraries, etc. etc. are all funded by tax dollars. The reality is, we need those taxes. And yes, we need everyone to pay their fair share, based on their ability to pay.

Yesterday, the Buffett Rule – which would have placed a 30% minimum tax on millionaires – failed in the US Senate.  Predictably, it went down nearly among party lines, with one Democrat and one Republican each switching sides.

That’s too bad, because people like Warren Buffet (who the Buffet Rule is named after) shouldn’t be paying less in taxes than their secretaries.

Tax Reform is needed in this country – generally, Republicans and Democrats agree on that small point. They disagree on what should be done, of course, but they should start at the point they agree on and begin serious discussions for what to do. I support the Buffet Rule, but no way was it ever going to pass. Let’s do something real here.

In the meantime, I’m celebrating today all the things my taxes pay for. Yes, that includes things like cleaner air because of EPA regulations, and safer food because of the FDA.

Thanks taxes!

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1 Comment Add your own

  • 1. April Wrap Up and May Kickoff « Undefined Ambition  |  May 3, 2012 at 1:47 am

    […] up and its results. I also tried to expand my blogging horizon by taking on politics and current events, book reviews, and other things going on in my life. Oh yeah, and I posted my first dinner recipe […]

    Reply

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