No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Friday, January 9, 2026
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
2 months 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
The Next Frontier of Climate Accountability: Making Big Food Pay Its Ecological Bill

The Next Frontier of Climate Accountability: Making Big Food Pay Its Ecological Bill

by TheAdviserMagazine
January 9, 2026
0

Yves here. As Trump’s shredding of the international order and domestic law dominates headlines, our climate and environmental crises keep...

edit post
California’s Proposed Billionaire Tax | Armstrong Economics

California’s Proposed Billionaire Tax | Armstrong Economics

by TheAdviserMagazine
January 9, 2026
0

California imposed an exit tax for those wishing to flee the state, but with insufficient funding and desperation to maintain...

edit post
The December jobs report is due out Friday. What it’s expected to show

The December jobs report is due out Friday. What it’s expected to show

by TheAdviserMagazine
January 8, 2026
0

A "Now Hiring" sign at a Cookout fast-food restaurant in Durham, North Carolina, Nov. 25, 2025.Al Drago | Getty ImagesThe...

edit post
The U.S.–Venezuela Coup: The Quiet Part Out Loud

The U.S.–Venezuela Coup: The Quiet Part Out Loud

by TheAdviserMagazine
January 8, 2026
0

There are two mainstream versions of the U.S. abduction of Venezuela’s president, Nicolás Maduro. The first: it was a brilliantly...

edit post
Trade deficit in October hits smallest since 2009 after Trump’s tariff moves

Trade deficit in October hits smallest since 2009 after Trump’s tariff moves

by TheAdviserMagazine
January 8, 2026
0

Maersk and HMM container ships at the Port of Los Angeles in Los Angeles, California, US, on Wednesday, Sept. 24,...

edit post
Why The Monroe Doctrine Cannot be Reestablished

Why The Monroe Doctrine Cannot be Reestablished

by TheAdviserMagazine
January 8, 2026
0

The Monroe Doctrine occupies an unusual place in American political discourse. It is often invoked as though it announced a...

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
80-year-old Home Depot rival shuts down location, no bankruptcy

80-year-old Home Depot rival shuts down location, no bankruptcy

January 4, 2026
edit post
In an Ohio Suburb, Sprawl Is Being Transformed Into Walkable Neighborhoods

In an Ohio Suburb, Sprawl Is Being Transformed Into Walkable Neighborhoods

December 14, 2025
edit post
Democrats Insist On Taxing Tips        

Democrats Insist On Taxing Tips        

December 15, 2025
edit post
Warren Buffett retires on December 31 and leaves behind a manual for a life in investing

Warren Buffett retires on December 31 and leaves behind a manual for a life in investing

December 27, 2025
edit post
Detroit Seniors Are Facing Earlier Shutoff Notices This Season

Detroit Seniors Are Facing Earlier Shutoff Notices This Season

December 20, 2025
edit post
Elon Musk Left DOGE… But He Hasn’t Left Washington

Elon Musk Left DOGE… But He Hasn’t Left Washington

January 2, 2026
edit post
Elbit wins 0m armored forces protection deal

Elbit wins $150m armored forces protection deal

0
edit post
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results

Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results

0
edit post
Revolution Medicines (RVMD) Hits All-Time High on Buyout Buzz; Buyer Denies Talks

Revolution Medicines (RVMD) Hits All-Time High on Buyout Buzz; Buyer Denies Talks

0
edit post
Why some families build wealth for generations: 7 habits no one teaches in school

Why some families build wealth for generations: 7 habits no one teaches in school

0
edit post
Manufacturing And Automotive Giants Continue Their Shift From Grease To Code At CES 2026

Manufacturing And Automotive Giants Continue Their Shift From Grease To Code At CES 2026

0
edit post
Vanguard studies financial advisor peace of mind

Vanguard studies financial advisor peace of mind

0
edit post
Uniswap Review – Is it Safe to Use in 2026?

Uniswap Review – Is it Safe to Use in 2026?

January 9, 2026
edit post
Manufacturing And Automotive Giants Continue Their Shift From Grease To Code At CES 2026

Manufacturing And Automotive Giants Continue Their Shift From Grease To Code At CES 2026

January 9, 2026
edit post
Freeport-McMoran – FCX: Solide Zahlen, perfekter saisonaler Trend, aber …!

Freeport-McMoran – FCX: Solide Zahlen, perfekter saisonaler Trend, aber …!

January 9, 2026
edit post
European stocks edge up as Glencore boosts STOXX 600

European stocks edge up as Glencore boosts STOXX 600

January 9, 2026
edit post
Why some families build wealth for generations: 7 habits no one teaches in school

Why some families build wealth for generations: 7 habits no one teaches in school

January 9, 2026
edit post
The Next Frontier of Climate Accountability: Making Big Food Pay Its Ecological Bill

The Next Frontier of Climate Accountability: Making Big Food Pay Its Ecological Bill

January 9, 2026
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

  • Uniswap Review – Is it Safe to Use in 2026?
  • Manufacturing And Automotive Giants Continue Their Shift From Grease To Code At CES 2026
  • Freeport-McMoran – FCX: Solide Zahlen, perfekter saisonaler Trend, aber …!
  • 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.