No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Friday, November 28, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Economy

Paying Fees To Pay Fees – Taxation In America

by TheAdviserMagazine
1 week ago
in Economy
Reading Time: 3 mins read
A A
Paying Fees To Pay Fees – Taxation In America
Share on FacebookShare on TwitterShare on LInkedIn


The US government has one of the most complex tax systems in the world. Citizens must calculate what they owe to the government—overpay or underpay, and you’re in trouble. The Trump Administration recently eliminated Direct File, the only option to file taxes directly with the IRS, and now merely paying taxes comes at a price.

Direct File has been in operation for only two years, but it was the last option for Americans to file directly with the IRS without a fee. The current administration claimed that the program was costly and underutilized. Treasury Secretary Scott Bessent said that the private sector “can do a better job” than the federal government, and while that is namely true, the government should not be charging civilians for submitting their annual dues.

The government has partnered with a number of private commercial organizations to permit people earning under a certain threshold to file their taxes without a fee. The same government that is concerned that people cannot acquire ID to vote believes that everyone is competent enough to prepare and file ever-changing state and federal tax forms with a private company.

The tax code complexity requires advanced training to decipher. The code is deliberately confusing. “In 1955, there were less than 1.5 million words in the U.S. Tax Code. Today, there are more than 16 million words. Because of this complexity, Americans collectively spend 6.5 billion hours preparing and filing their taxes each year. This must be simplified,” DOGE wrote on X in November 2024, when there were calls for simplifying the tax code.

American Revolution Tax

Taxation is indeed a much broader issue than merely federal. State and local governments have been raising taxes at an unseen pace. The cost of government, as measured by total revenues as a percent of the total GDP, is a key factor in determining our quality of life, and as we have seen, our quality of life has been drastically reduced as government spending rises. The people cannot possibly be expected to foot this endless bill.  The Founding Fathers of the United States specifically prohibited direct taxation, such as any form of an income tax.

There are infinite loopholes in the tax system, deliberately placed there in order to provide the IRS with free rein to extort the people. The majority of people who fail to file are low-income workers. In 2025, an estimated 13-15 million individuals or households will still not have filed their taxes. The voluntary rate for filing is around 85%, and the majority who do not file simply do not understand how to do so. The government measures the “tax gap” to determine the total amount of taxes that taxpayers should pay by law for a given period and the amount that is actually and voluntarily paid on time.

AOC Tax Rich

The bottom income bracket (the lowest 20%) has a tax noncompliance rate of 38%. These are the people who benefited from free tax filing services. Most would likely receive a rebate or incentive for filing, and some mistakenly believe they are benefiting by providing the government an interest-free loan on their earnings. The top 1% only accounts for around 9% of tax noncompliance orders, but those at the top 1% can afford to pay for creative taxation.

Direct File may not have been the ideal service, yet, there must be a method for Americans to easily file without the need for a middle man.



Source link

Tags: AmericaFeesPayPayingTaxation
ShareTweetShare
Previous Post

TERM LIMITS – End Career Politicians

Next Post

1 In 8 American Students Unable To Understand Basic Math

Related Posts

edit post
Coffee Break: Science and Belief, Working AI, ADHD Update, and Research Support

Coffee Break: Science and Belief, Working AI, ADHD Update, and Research Support

by TheAdviserMagazine
November 28, 2025
0

Part the First: When Science Becomes a Matter of Belief Things Go Sideways.  The current Secretary of Health and Human...

edit post
Links 11/28/2025 | naked capitalism

Links 11/28/2025 | naked capitalism

by TheAdviserMagazine
November 28, 2025
0

The Moral Authority Of Animals Noema Hungry pigs, feral brothers and the Michigan hunting trip that ended in murders Bridge...

edit post
Hofstadter on Lincoln | Mises Institute

Hofstadter on Lincoln | Mises Institute

by TheAdviserMagazine
November 28, 2025
0

The historian Richard Hofstadter was one of the most influential historians of his time, and The American Political Tradition—which first...

edit post
How to Stop a Nuclear War — and Why We’re Not Talking About It

How to Stop a Nuclear War — and Why We’re Not Talking About It

by TheAdviserMagazine
November 28, 2025
0

Yves here. Even though the risks of nuclear war are rising, with America’s new belligerence and Israel having over-extended itself...

edit post
Asteroid 2032 – 2024 YR4

Asteroid 2032 – 2024 YR4

by TheAdviserMagazine
November 28, 2025
0

Everything will crash and burn in 2032. A client approached me at the latest World Economic Conference to ask if...

edit post
Black Friday Shoppers Prepared To Take On Debt

Black Friday Shoppers Prepared To Take On Debt

by TheAdviserMagazine
November 28, 2025
0

Retailers are predicting a slight decline in Black Friday/Cyber Monday sales, an early indication of holiday-season spending and Q4 sales....

Next Post
edit post
1 In 8 American Students Unable To Understand Basic Math

1 In 8 American Students Unable To Understand Basic Math

edit post
Gambling apps fuel rising debt and addiction—here’s how to dig out

Gambling apps fuel rising debt and addiction—here’s how to dig out

  • Trending
  • Comments
  • Latest
edit post
7 States That Are Quietly Taxing the Middle Class Into Extinction

7 States That Are Quietly Taxing the Middle Class Into Extinction

November 8, 2025
edit post
How to Make a Valid Will in North Carolina

How to Make a Valid Will in North Carolina

November 20, 2025
edit post
8 Places To Get A Free Turkey for Thanksgiving

8 Places To Get A Free Turkey for Thanksgiving

November 21, 2025
edit post
Data centers in Nvidia’s hometown stand empty awaiting power

Data centers in Nvidia’s hometown stand empty awaiting power

November 10, 2025
edit post
8 States Offering Special Cash Rebates for Residents Over 65

8 States Offering Special Cash Rebates for Residents Over 65

November 9, 2025
edit post
Could He Face Even More Charges Under California Law?

Could He Face Even More Charges Under California Law?

November 27, 2025
edit post
After Saudi Arabia sends back Pakistanis caught begging, UAE tightens visa rules to curb surge in criminal cases

After Saudi Arabia sends back Pakistanis caught begging, UAE tightens visa rules to curb surge in criminal cases

0
edit post
Coffee Break: Science and Belief, Working AI, ADHD Update, and Research Support

Coffee Break: Science and Belief, Working AI, ADHD Update, and Research Support

0
edit post
Bitcoin ‘Risk-Reward’ Setup Similar to COVID: Analyst

Bitcoin ‘Risk-Reward’ Setup Similar to COVID: Analyst

0
edit post
3 Mag 7 Stocks Offering Attractive Entry Points After Strong Q3 Results

3 Mag 7 Stocks Offering Attractive Entry Points After Strong Q3 Results

0
edit post
Urgent Action: Protect Your Heirs from the Coming Estate Tax Battle

Urgent Action: Protect Your Heirs from the Coming Estate Tax Battle

0
edit post
Best high-yield savings interest rates today, November 28, 2025 (up to 4.3% APY return)

Best high-yield savings interest rates today, November 28, 2025 (up to 4.3% APY return)

0
edit post
Bitcoin ‘Risk-Reward’ Setup Similar to COVID: Analyst

Bitcoin ‘Risk-Reward’ Setup Similar to COVID: Analyst

November 28, 2025
edit post
Mastering the Art of Asking AI Questions: Tips & Insights

Mastering the Art of Asking AI Questions: Tips & Insights

November 28, 2025
edit post
6 Groups Who Can Expect a Bigger Tax Refund This Spring (It’s Practically Everyone)

6 Groups Who Can Expect a Bigger Tax Refund This Spring (It’s Practically Everyone)

November 28, 2025
edit post
*HOT* Lenovo Laptop Black Friday Deals, plus more!

*HOT* Lenovo Laptop Black Friday Deals, plus more!

November 28, 2025
edit post
Nintendo’s secret to becoming a design powerhouse? Developers who have stayed at the company for decades

Nintendo’s secret to becoming a design powerhouse? Developers who have stayed at the company for decades

November 28, 2025
edit post
Coffee Break: Science and Belief, Working AI, ADHD Update, and Research Support

Coffee Break: Science and Belief, Working AI, ADHD Update, and Research Support

November 28, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Bitcoin ‘Risk-Reward’ Setup Similar to COVID: Analyst
  • Mastering the Art of Asking AI Questions: Tips & Insights
  • 6 Groups Who Can Expect a Bigger Tax Refund This Spring (It’s Practically Everyone)
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.