Tax Time

Like many people, Robert completed his tax returns a few weeks ago.  Actually about a week before the deadline this year.  Whoo Hoo!

The effective federal income tax rate on Robert and Mira’s combined 2014 earnings was 1.4 percent.

Robert considers this percentage quite reasonable. The manner in which it is calculated, of course, is a nightmare.

Robert does not complain much about income taxes in the United States. He feels that most Americans, if they would turn off the television for a moment and stop their incessant bellyaching, would see that they don’t pay as much tax as they think they do.