Other blog dominating

Blogger insists on showing my posts and comments to others as my Books Blog, You can click on it to get here and vice versa....the Book blog is just that while this one, my first, original has miscellany

Monday, March 10, 2008

Tax Time

I'm in a bad mood. We just picked up the bad news from our CPA on our taxes. Seems the feds need more of our $$ to distribute to the least. This federal money laundering program has to stop. Adding insult to injury because we owe too much we get a penalty for under payment. How gross--did we know we'd get those capital gains? Fortunately we had some capital loss offsets too!

I especially hate paying income tax on Jerry's Social Security. After all, he was self employed paid the whole thing himself and we have already been taxed on it.

Well we bought the motor home end of the year so there will be far less interest to be taxed on next year. Our Brokerage accounts did well last year--but so far the market slumps will wipe that out in 2008.

I suppose some say be grateful that to pay income tax it shows we have income. That is not the point. We worked for this every bit of it! And just think if the Bush tax cuts are not extended we can pay more!

No comments:

Post a Comment