Tag Archive: Tax Code


Remy: Best Song Ever! (Tax Code Edition)

 

 

 

Published on Apr 15, 2015

Remy channels One Direction to help us understand the tax code.

Written and performed by Remy. Music tracks and background vocals by Ben Karlstrom. Produced and edited by Meredith Bragg.

Approximately 2 minutes.

Visit http://reason.com/reasontv/2015/04/15… for downloadable versions and subscribe to Reason TV’s YouTube channel to get automatic notifications when new material goes live. You can follow Reason on Twitter at @reason and follow Remy on Twitter at @goremy.

LYRICS:
Make them pay four months of earnings (oh, that’s a good one)
Have them look for lost receipts (ooh, I like it!)
They’ll have about as much fun
as their last colonoscopy
People everywhere will get ripped off…
the paper version of the Apple Watch

And we’ll dance all night, it’s the best code ever
Some folks pay a lot, others they pay never
And you’ll get tax breaks if you’re really clever
It’ll take so long, it’s the best code ever
They’ll be like “oh, oh no”
We’ll be like “yeah, yeah, yeah.”
We’ll be like “awww.”

You may have heard that all your info
on our systems can be hacked with ease
But rest assured if they don’t get them
they’ll be in the care of folks like these
Yes historians will all agree
among the greatest works in history

And we’ll dance all night, it’s the best code ever
Some folks pay a lot, others they pay never
and if you don’t comply you’ll go to jail, however
Why would you not file? It’s the best code ever
They’ll be like “Oh, oh no”
We’ll be like “yeah, yeah, yeah” “

 

 

 

 

 

 

 

 

 

 

 

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Look At How Many Pages Are In The Federal Tax Code

 

 

 

” As they rush to file their taxes by April 15, Americans are rightfully frustrated with the complexity of the 74,608-page-long federal tax code.

  The federal tax code is 187 times longer than it was a century ago, according to Wolters Kluwer, CCH, which has analyzed the federal tax code since 1913.

  Amazingly, in the first 26 years of the federal income tax, the tax code only grew from 400 to 504 pages. Even through President Franklin Roosevelt’s New Deal, the tax code was well under 1,000 pages. Changes during World War II made the length of the tax code balloon to 8,200 pages.

  Most of the growth in the tax code came in the past 30 years, growing from 26,300 pages in 1984 to nearly three times that length today.”

 

Read more

 

 

 

 

 

 

 

 

 

Americans Renouncing Citizenship To Become British Thanks To Tax Rise

 

 

 

” London-based American lawyers, who specialise in tax and immigration, report a threefold increase over the last five years in the number of American citizens who are giving up their citizenship – a process known as “renunciation”.

Across the world 1,781 Americans renounced their citizenship in 2011 compared with just 231 in 2008, when US tax laws changed, although it remains unknown how many are adopting British rather than any other nationality.

Many decide to give up their American citizenship after tiring of the lengthy US tax return process, which requires them to pay tax on their total income regardless of where they live.

“There’s no question that the number of people renouncing their US citizenship is increasing,” said Diane Gelon, a US tax and immigration lawyer based in London.”

 

 

 

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