This year's anti-tax rant winner is Fox News' John Stossel. But it's not just taxing jurisdictions that make Stossel's list. He also has no love for his accountant.
The complexities of the tax system, Stossel said last week during an appearance on colleague Bill O'Reilly's show, forces him to pay "several thousand dollars" to Bob, his accountant.
If he didn't pay for tax accounting help, Stossel figures that he could be spending that cash on 200 steak dinners, 100 massages, a motorcycle, a cruise.
Stossel has a point about the complexities of the tax code. No one anywhere on the political spectrum thinks the Internal Revenue Code and how we must comply with it are easy or even acceptable.
And the Fox pair's tax and accountant conversation (which starts at around 3:20 of the video segment; FYI, I had to click a couple of times to make it work) was somewhat tongue in cheek.
But Stossel's comments understandably irked some members of the accounting profession.
John Stossel is an idiot… Using Stossel's logic, why should we pay doctors to solve complicated health issues? Why didn’t God make our bodies easy enough to figure out for ourselves? Or for that matter, why do we pay mechanics to fix our complicated cars? Or contractors to build our complicated houses? Life is complicated, and when you live in a huge country like the United States, one does have to comply with some things that are difficult to support the greater infrastructure. I'm personally sick and tired of these arguments always attacking everything.
Wendroff elaborates at the CPA Trendlines site and in the post's comments' section.
So does reader Kathleen, who points out that plenty of folks would be ecstatic to have Stossel's problem of making so much money he has to hire a professional to help him pay as few taxes as possible.
She also challenges Stossel to prepare his own taxes next year.
Now watching an overpaid TV talking head's do-it-yourself tax filing frustrations might just be a reality television/Fox News program that I'd watch!
- 'I find the tax code complex'
- Geithner's apology works
- More taxpayers turning to tax pros
- Economy's effect on tax filing methods
- Picking a tax pro
- Bad tax clients, revisited
- Time for tax therapy
- Letterman's Top 10 tax list
- Ellen, the accountant, taxes and surprises
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