BOX O' DEALS: 3 Mystery Items - READER'S PAY $3.99
Get (3) Random pieces of junk ($20.00 Value) in exchange
for your hard earned green... interested? Visit:
http://pd.gophercentral.com/u/14587/c/186/a/620
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TRIVIA TODAY - Monday, January 25, 2010
Greetings Infomaniacs,
Now that January is here, income tax time is on many people's
minds as W-2s start to arrive and filing can begin. Many
taxpayers, and I am one of them, don't even try to understand
how to file taxes - more than 50 percent of us use professional
tax help. This percentage is on the rise -- it was 40 percent
in 1980.
Even Congress doesn't understand the tax laws. According to a
Money Magazine Survey, sixty percent of the members of the Ways
and Means Committee and the Senate Finance Committee don't do
their own taxes!
Don't expect the pros to be completely foolproof, though. A
few years ago, Money Magazine sent the same tax information for
the same hypothetical family to 50 different preparers. It got
50 different answers. And none of them was right. Comforting,
right?
Enjoy!
Melissa
Email Melissa: mailto:melissa@gophercentral.com
P.S. You can discuss this issue or any other topic in
the new Trivia Today forum. Check it out here...
http://trivia.gophercentral.com
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TODAY'S MYSTERY QUOTE
QUOTE: "We have long had death and taxes as the two
standards of inevitability. But there are those who
believe that death is the preferable of the two. 'At
least," as one man said, "there's one advantage about
death; it doesn't get worse every time Congress meets.'"
HINT: (1904-1994), appellate attorney who argued more cases
before the U.S. Supreme Court than any other lawyer in the
twentieth century.
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RANDOM TIDBITS
For most of our history, we didn't have an income tax. The
Supreme Court said that the tax was unconstitutional. When
the income tax amendment was passed in 1913, its supporters
claimed that only the rich would pay the tax.
***
During the first World War, tax rates were pushed up to 77
percent. They stayed there until the late 1920s. The same
thing happened after World War II. Wartime tax rates were
as high as 94 percent, and incredibly the top rate stayed
above 90 percent for 20 years after the way.
***
Presidents Kennedy and Reagan gave us significant tax
relief. But after reaching a post-war low of 28 percent,
the top tax rate, thanks to Bush and Clinton, is now back
to 40 percent. Today's bottom tax rate -- 15 percent -- is
more than double the rate paid by the rich in 1913.
???????????????????????????????????????????????????????????
Coffee Break Incense Gift Set
A Must For Coffee Lovers...
List Price: $9.99
Big Lots Price: $5.00
DEAL PRICE: $2.99
Get Two Kits for $4.98
Drench yourself in the wonderful aroma of coffee with one
of these newest incense creations. This fabulous array of
assorted coffee scents includes: Cafe Au Lait, Espresso,
Coffee Bean and Cappuccino. Each gift set comes with its
own 3" x 3.5" holder.
GIFT SET INCLUDES:
- One Incense Holder
- 10 Incense Cones: Cafe Au Lait
- 10 Incense Cones: Espresso
- 20 Incense Sticks: Coffee Bean
- 20 Incense Sticks: Cappuccino
Get one for $2.99 or grab two sets, one for you and one for
a gift, for $4.98. Visit us at:
VISIT: http://pd.gophercentral.com/u/14494/c/120/a/%%merge lists_.nalt3_%=
%
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VIDEO CLIP
Reid 'Taxation Is Voluntary'
Jan Helfeld interviews Senator Harry Reid about taxes and
government coercion. Reid maintains that taxation is
voluntary despite all evidence to the contrary. How does
Harry Reid get into this bind?
http://www.evtv1.com/player.aspx?itemnum=14979
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Today, the median income family -- mom, dad, two children
-- pays more than $5,000 in income taxes, or more than 14
percent of its income. When you include Social Security,
Medicare, sales and other taxes, about 40 cents of every
dollar goes to the government.
***
When the income tax first took effect it had 170 pages of
laws and regulations. Today, the tax code has 17,000 pages,
along with hundreds of thousands of pages of court decisions.
The 1986 tax act was aimed at simplification. It ended up
amending 2,000 sections of the code and creating more than
100 new forms.
***
The IRS has 114,000 employees. That's equal to the
population of Peoria, Illinois. It is twice as big as the
CIA and five times the size of the FBI. IRS employment has
increased 20 percent over the past 10 years. The rest of
the government shrank by 10 percent over that same period.
(Material from Ed Rubenstein, the economic consultant for
National Review since 1988.)
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*** By Far The BEST Hands Free Light **
Mini Tactical Ear Light with White LED
Focus light wherever you turn your head...
List Price: $14.99
DEAL PRICE: $4.99
Get two for $7.98
This lightweight LED light has no wires to fumble with
and is a relief from awkward book lights that must be
balanced on the page or on a nearby desk. The LED shines
wherever you look, for complete hands-free convenience
when reading in bed or on a plane.
FEATURES:
- Lightweight and comfortable
- It's glare free and doesn't get hot.
- Fits comfortably and easily around the Right or Left ear.
- Uses two button cell batteries (INCLUDED)
- LED bulb will last up to 100,000 hours
- Three Settings: Slow Blink, Fast Blink & Constant Light
- Bluetooth Style
Easy to attach to one ear, leaving hands free for reading,
computing, writing, etc. in the dark. Makes a Great Gift!
Get one for $4.99 or two for $7.99, visit:
http://pd.gophercentral.com/u/14457/c/120/a/620
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*** Weekly Mind-Scrambler ***
I can run but not walk.
Wherever I go, thought follows close behind.
What am I?
Submit your answer by visiting: http://www.thedailytease.com
Answer will be posted in Friday's Trivia Today. Good Luck!
If your name appears in Friday's newsletter,
email me your complete name and address and I will ship
your prize.
Be sure to put "Winner" in the subject line.
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QUOTE: "We have long had death and taxes as the two
standards of inevitability. But there are those who
believe that death is the preferable of the two. 'At
least," as one man said, "there's one advantage about
death; it doesn't get worse every time Congress meets.'"
ANSWER: Erwin N. Griswold.
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Questions? Comments? email us at: mailto:melissa@gophercentral.com
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To see more issues like this visit: http://trivia.gophercentral.com