EDIT: A lot of you are reading into the tweet while still somehow agreeing with the overall message. No one is saying we should eliminate music programs or that we should teach toddlers about healthcare plans. The tweet is making this thing called a --checks notes-- joke, that also conveys the message that schools could teach more practical skills that young adults will need going forward.

      • prayer@sh.itjust.works
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        11 months ago

        The IRS gives you a 100 page step-by-step manual, and only requires addition, subtraction, multiplication and (rarely) division. For someone who just has a W-2, you fill out one field for income and do the math for the tax bracket.

        • merc@sh.itjust.works
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          11 months ago

          Refigure your depletion deduction for the AMT. To do so, use only income and deductions allowed for the AMT when refiguring the limit based on taxable income from the property under section 613(a) and the limit based on taxable income, with certain adjustments, under section 613A(d)(1). Also, your depletion deduction for mines, wells, and other natural deposits under section 611 is limited to the property’s adjusted basis at the end of the year, as refigured for the AMT, unless you are an independent producer or royalty owner claiming percentage depletion for oil and gas wells under section 613A©.

          • brbposting@sh.itjust.works
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            11 months ago

            And why* can’t we just get a pre-filled tax return and confirm it yes/no?

            Because that would hurt the poor b/c only the wealthy would still hire tax experts if tax returns were pre-filled.

            Naw, the current system doesn’t hurt the poor at all!

            *according to lobbyists like Intuit, maker of TurboTax

            • merc@sh.itjust.works
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              11 months ago

              I think the bigger issue is that too many of the non-poor are willing to vote against their own interests. Europeans don’t hate paying taxes, but they want it to be simple. Americans hate paying taxes, and too many of them can be conned into thinking that it’s bad if the government makes it easier.

      • Sgt_choke_n_stroke@lemmy.world
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        11 months ago

        I was taught budgeting in middle school where they actively taught people 3/4 of your monthly paycheck NEEDS to go to your mortgage.

        I thought it was bank propaganda looking back on it.

        • ryathal@sh.itjust.works
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          11 months ago

          3/4ths is definitely house poor living. There is some benefit to going as big as you can afford though since moving is a huge pain, buying a bigger better house up front can save a lot of headache and possibly money, but even then staying under 40% seems like a good idea.