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Referring to taxes in the presidential debate, Obama said, "I don’t mind paying a little more."  

Obama and anyone else that claims they don’t mind paying more taxes needs to put their money where their mouth is.  After all, it’s all about sharing the wealth.  Here’s how to do it:  On your Form 1040 where it asks for exemptions, put a big fat zero.  When it comes to income, make sure you include every penny.  When it comes to deducting expenses, again put a big fat zero here.  Make sure that your adjusted gross income is the same as your "total income" on Line 22.

This will also make tax time a breeze.  It shouldn’t take more than five minutes to fill out your tax form, and there are no receipts to keep track of.  You can easily fill your form out yourself and won’t need to take all your tax papers to an accountant. Still, if you don’t have time to do your own taxes or just don’t want to do them yourself, let me know and I’ll be glad to do it for you.

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  • http://www.accountingtips4you.com Mike Harmon

    Nice writing style. I look forward to reading more in the future.

  • http://www.accountingtips4you.com Mike Harmon

    Nice writing style. I look forward to reading more in the future.

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