[War] US: Tax returns!

John Penta john.penta at gmail.com
Sat May 10 12:24:16 EDT 2008


"Tax returns!"
23 April 2014
Pres. John Williams
USA
===============
<Hawaii>

    Finally, it was done!

    A week and a half after filing for an extension, and a week after
he'd finished his first draft, came the news John Willisams had been
waiting for.

   His tax return was done! Well, according to his accountant, who was
himself going on a vacation after the usual releases to the media were
made.

   Income in the millions got him socked with a fairly big tax bite;
reduced by some through the usual tax reduction strategies his
financial planner had recommended, but still no small amount.

   Every year, it had spurred in him a desire for a flat tax. Well,
briefly. His current job gave him a unique position with which to see
how the government couldn't afford the revenue bite, as had Congress.

   An email to the doc: "Tax return done. Major stressor gone. Yay."
Summed it up.

   These days, most of his income came from the blind trust required
by ethics regs, but a fair bit also came from his rental properties -
he'd foregone a rent increase on any of them this year, since these
were generally long-term tenants and he hardly needed the money, so it
actually came to a paper loss this year.

    10% of his income, as was his custom, went to charity - mostly the
Combined Federal Campaign, but also more specifically as anonymous
donations to various other places - small donations generally
speaking, but targeted ones, to nudge causes he supported.

    As he gained wealth, this added up to...a lot.

    And in edited form, to remove the personal details like SSNs and
keep his anonymous donatrions anonymous, this was all going to the
media.
---
Actions:
1. The annual tax return releases.



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