Tags: taxes | Rutgers | Burnett | God

$160 Billion Spent on Complying With Tax Code

Tuesday, 11 Mar 2014 04:14 PM

By Ronn Torossian

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
As a New Yorker who pays 54 percent of my income in taxes, it is simply staggering that Americans spend more than $160 billion annually complying with the IRS tax law. Even the National Taxpayer Advocate, the Internal Revenue Service’s independent ombudsman, concurred with that number.
 
House Ways and Means Committee Chairman Dave Camp described compliance with the U.S. Tax Code as "10 times the size of the Bible with none of the good news."
 
Wherever one stands on taxes, all sane Americans should agree that tax codes should be simplified. American ingenuity and human capital should be used toward something useful — and purposeful — rather than “complying with regulation.”  
 
Switching gears to education, in New Jersey, Rutgers' New Brunswick Faculty Council called upon the school to rescind its invitation to former Secretary of State Condoleezza Rice who is slated to receive an honorary doctorate.

Rice, a successful, driven woman is guilty . . . of being a Republican. Liberals celebrate diversity — except in this case, where the first African-American woman to serve as National Security Adviser and the nation’s secretary of state is unworthy — because she is conservative. Rice exemplifies the American dream and the faculty protesting is simply bias against Republicans.  
 
And on a lighter note, isn’t it great to see the blockbuster movie "Son of God" exceeding revenue expectations? Producer Mark Burnett said, "I've got news for everybody out there. Hey, the mass of Americans love family-friendly, love God. It's one nation under God. Get over it."
 
Important that America remembers its basis as a Judeo-Christian nation — and celebrate it more often. It is gratifying and exciting to see movies that celebrate spirituality win on the silver screen.
 
Ronn Torossian is one of America’s foremost Public Relations executives as founder/CEO of 5WPR, a leading independent PR Agency. The firm was honored as PR Firm of the Year by The American Business Awards, and has been named to the Inc. 500 List. Torossian is author of the best-selling "For Immediate Release: Shape Minds, Build Brands, and Deliver Results with Game-Changing Public Relations." For more of Ronn Torossian's reports, Go Here Now.
 
 
 
 
 
 

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Opera Has Anti-Semitic Overtones

Monday, 15 Sep 2014 11:00 AM

The Metropolitan Opera is celebrating terror and broadcasting anti-Semitism. It is a despicable encouragement of hatred. . . .

Bad PR Catching Up With Gun Makers?

Tuesday, 09 Sep 2014 11:30 AM

Gun manufacturers have, of course, been of the mindset that people should buy more guns, but the negative public relatio . . .

Is Burger King's Free Phone Giveaway A Tax Dodge?

Tuesday, 02 Sep 2014 11:29 AM

While it is wholly natural for capitalists to take advantage of loopholes to maximize profit, there is something at leas . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved