Tuesday, April 15, 2014

4.15.14

Good morning and Happy tax day (not) Phoenix! Hope you have nice weather where you are!
Pop Culture Trivia for April 15, 2014
In honor of Tax Day, here’s tax trivia:
The Gettysburg address is 269 words, the Declaration of Independence is 1,337 words, and the Holy Bible is only 773,000 words. However, the tax law has grown from 11,400 words in 1913, to over 7 million words today.
There are at least 480 different tax forms, each with many pages of instructions. Even the easiest form, the 1040E has 33 pages in instructions, and all in fine print.
The IRS sends out 8 billion pages of forms and instructions each year. Laid end to end, they would stretch 28 times around the earth.
Nearly 300,000 trees are cut down yearly to produce the paper for all the IRS forms and instructions. The total number of computers thrown out the window, or kicked with a frustrated foot is unknown.
American taxpayers spend $200 billion and 5.4 billion hours working to comply with federal taxes each year, more than it takes to produce every car, truck, and van in the United States.
The IRS employs 114,000 people; that's twice as many as the CIA and five times more than the FBI.
60% of taxpayers must hire a professional to get through their own return.
Taxes eat up nearly 40% of the average family's income; that's more than for food, clothing and shelter combined.
Joke of the Day:
A businessman on his deathbed called his friend and said, "Bill, I want you to promise me that when I die you will have my remains cremated." "And what," his friend asked, "do you want me to do with your ashes?" The businessman said, "Just put them in an envelope and mail them to the Internal Revenue Service. Write on the envelope, "Now, you have everything."
Quote of the Day:
"The taxpayer - that's someone who works for the federal government but doesn't have to take the civil service examination." -Ronald Reagan
Random Daily Factoid:
To calculate 20% of 50, simply multiply 50 by 0.20. The result is 10.
Have a fangtastic day, and don't forget to enter the prank contest! It ends Sunday.  Brock
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