For those of us who filed extensions this year, our personal income tax returns are due on the 16th of this month. Finding last-minute documentation for my CPA got me thinking about taxes.
And at the risk of sounding hypocritical—I may have…occasionally…griped about taxes—let me take a few minutes to talk about what taxes are. Taxes are the means we band together—yes, that banding is enforced—to buy things we can’t buy individually. I know I don’t want the military beholden to an individual, family, or company. There’s a reason most of us are more wary of mercenaries than soldiers. The word “mercenary” used as an adjective even has a negative meaning in business-speak.
So what are some of the other things we pay for with our taxes? Continue reading