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    USAHITMAN Conspiracy News
    Home»Interesting News»20 Facts About Taxes..

    20 Facts About Taxes..

    July 2, 20112 Mins Read
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    Americans spend 7.6 billion hours each year doing their taxes.



    Source

    Americans hire over 1 million accountants each year for tax help.

    Source

    We spend $27.7 billion a year preparing taxes.

    Source

    America has 98,000 troops in Iraq… and 101,054 employees at the IRS.

    The number of pages in the tax code has increased 16,775% in the past century.

    Source

    Where’s all that money going? 54% of discretionary spending goes to the military.

    Source

    New York City has the highest corporate income tax in the world.

    Source

    A $100k earner takes home 10% less in NYC than in Texas.

    Source

    Dividend stock investors get taxed twice… first the company pays taxes on earnings, then you pay taxes on dividends.

    Source

    700 wealthy Americans are donating their tax breaks this year back to the U.S. government… such as Bill Gates.

    Source

    84% of people think it is NOT AT ALL acceptable to cheat on your taxes.

    Source

    Around 90 percent of people who employ babysitters and housekeepers end up cheating on their taxes.

    Source

    Report your company for tax evasion, and you can earn 30% of the amount collected.

    Source

    CORPORATE TAX EVASION: GE made $10.3 billion in pre-tax income in 2008, but didn’t have to pay a single cent in taxes.

    Source

    BUSTED: In 1997, Wesley Snipes reported his adjusted income as $0, when according to the government his income was over $7 million.

    Source

    CORPORATE TAX EVASION: Bank of America paid no taxes in 2009, even though it made $4.4 billion income.

    Source

    CORPORATE TAX EVASION: Molson Coors paid no taxes in 2009, and was actually paid $14.7 million by the government.

    Source

    BUSTED: In 2009, Treasury Secretary Timothy Geithner stumbled through his confirmation after it was revealed he failed to pay taxes of $42,000 on IMF income.

    Source

    Tax rates are declining for everyone… Especially the top 1%.

    Source

    Here’s why the rich are carrying more of the tax burden: because they are gaining wealth faster than the tax rate is declining!

    Source

    Facts Govt IRS Spending Taxes
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