Web Search powered by YAHOO! SEARCH
04.14.2008 2:20 pm

The tax on paying your taxes

St. Louis Post-Dispatch

Have you e-filed your taxes yet? Or did you take the cheaper option and mail them for the cost of a 41-cent stamp?

Sen. Charles Schumer, D-N.Y., doesn’t say which way he filed but, like me, he’s upset about the extra cost of e-filing. He said today that he plans to introduce a bill that would make e-filing free for everyone. Here’s some of his rhetoric:

“The bottom line is that the IRS is imposing an additional ‘tax’ on people paying their taxes,” Schumer said. “The current system forces millions of Americans to pay a fee for the ‘privilege’ of filing their taxes, even though e-filing is cheaper for the IRS to process.”

According to an analysis by the Joint Economic Committee, which Schumer chairs, Americans will spend $1.2 billion this year on e-filing fees.

1 Star2 Stars3 Stars4 Stars5 Stars (1 votes, average: 2 out of 5)
Loading ... Loading ...
2 comments

Comments are closed.

What about all the “time” (which equals money) spent doing taxes? Any plans on making that go away as well?

BTW, I paid so I used the stamp.

— AJ
4:26 pm April 14th, 2008

Worrying about the relatively trivial cost of submitting a tax return, while ignoring the cost of preparing it caused by the incredible complexity of the tax code, is like the captain of the Titanic offering bar drinks to passengers at reduced prices after the ship hit the iceberg.

To expand on what AJ said (#1), for many if not most people, the cost of tax return preparation really is money, since they pay somebody else to do it for them.

— Babcock
6:45 pm April 18th, 2008