It’s April 15th as a write this. The Federal debt is around $28,100,000,000,000 and our 2020 deficit was around $3,000,000,000,000. What the heck!!!???
Like me you might be saying: “I can’t believe how much the government spends!”
But rather than complain about taxes, let’s take a moment to reflect on what they provide for our society. You may not care about everything on the list, but someone does, and a little give-and-take is part of what it means to live in community. So here are a few items to think about:
- Roads, bridges, airports, and seaports
- Schools, parks, recreation facilities, and libraries
- Firefighters, police, and public safety services
- Clean water, garbage collection, and sewage treatment
- Public transportation
- Social Security, Medicare, and Medicaid
Let’s face it – few of us really want to live in a society without these things. So, whether you’re writing a check or getting a refund, be thankful for your taxes.
I’m sure you’re thankful for the country we live in, the material blessings we have, and our ability to fund so much that enhances out lives. However…
Don’t pay more than you have to. Work with a tax planner and a financial adviser to help you figure out how to manage your tax liabilities for now and in the future.