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Paying taxes is patriotic, say poll respondents

July 6, 2018

Flag and sparkler

Two days ago, Americans celebrated our declaration of independence from Great Britain.

That July 4th revolutionary spark was ignited, of course, by our protests against taxation by King George III without adequate representation.

Over the years, however, the words of our 36th president, Lyndon Baines Johnson, have proven prophetic. "The nation which had fought a revolution against taxation without representation discovered that some of its citizens weren't much happier about taxes with representation," noted my outspoken and observant fellow Texan.

Still, most of us have come to realize the importance of taxes, as Supreme Court Justice Oliver Wendell Holmes, Jr. pointed out, in paying for a civilized society.

That sentiment was apparent in a recent poll by Morning Consult conducted for Politico.

Eighty-nine percent of those surveyed said that paying taxes was necessary for someone "to be considered American." Only 7 percent said it wasn't. Another 11 percent were undecided.

When the question was tweaked to ask whether it was possible for a U.S. resident to refuse to pay taxes and still be considered patriotic, tax collectors still came out on top.

Given that most of donned our red, white and blue this week, that 89 percent of patriotic taxpaying United States residents earn honors in the By the Numbers tally as we wrap up Independence Day week 2018.

If you have any leftover fireworks, light at least a sparkler for the Internal Revenue Service and the patriotic taxpayers who keep those employees busy.

via GIPHY

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It’s over! With October’s extended filing deadline behind us, it is now time to focus on year-end moves to reduce your 2026 tax bill. 

You’ll find ways to do just that on the Tax Tips page (see the More Tax Posts drop-down menu at the top of the blog), as well as the separate tax tip pages for each month, notably October through December. If you’re on the Tax Tips page, you’ll find a monthly list at the end of this column. If you’re on another blog page, you can head straight to the October tips; at the bottom of that tips page you’ll find links to all the other 11 months’ collections of tax advice.

Not to spoil what you’ll find in that tax advice, but it does cover such things as tax deductions for charitable donations, investment moves that could reduce tax due, and ways to max out your tax-favored retirement savings. 

Finally, as the year winds down, things get hectic. There are lots of other things to occupy our time, like the much more fun upcoming holidays. But don’t lose sight of taxes, since timing is key. To be of use, most tax moves must be made by the end of the tax year. That’s Thursday, Dec. 31, which also is the last business day of the year. 

So that you don’t miss that final tax year deadline, also keep an eye on the countdown clock below. It will keep you on top of just how much time is left to make important, tax-saving moves. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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