Exactly How Complicated IS The Tax Code?

J.J. Jackson* | February 26, 2006

SAN FRANCISCO (Dow Jones) - Shares of H&R Block Inc., the company that helps millions of Americans complete tax returns, fell 8% Friday after it said that it got its own taxes wrong in recent years. The Kansas City, Mo.-based company said it will restate results for fiscal years 2004 and 2005, plus previous 2006 quarters, mainly because of errors in calculating its state effective income tax rate. The mistakes resulted in H&R Block understating its state income tax liability by about $32 million as of the end of April, 2005, the company added. Story

Well GEE! If H & R Block which makes it their business to know the tax code and help people file taxes can’t get it right what chance do you and I have? The current tax code does nothing but make criminals out of hard working people who try their hardest to be honest and pay what Big Daddy government demands of them each year.

Time to reform this process.

The FairTax Book

(Book)

Authors:Neal Boortz, John Linder
Manufacturer:Regan Books
Released:02 August, 2005

America’s Best Kept Secret Fairtax: Give Yourself a 25% Raise

(Book)

Authors:Al Ose
Manufacturer:Authorhouse
Released:December, 2002

Contributor's website: http://www.libertyreborn.com

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