Taxing Information

Today is a special day for most Americans. It is not a national holiday. Most of us do not know someone who has a birthday today. Today is the deadline for employers to give out W-2 forms. Without these forms, we cannot file our tax returns. We all have the same reaction to the W-2. You get it and can't wait to rip it open. We all love the surprise of seeing how much we actually earned last year. Or did not earn. We focus on the large number, that shows our wages and gloss over the other lines that show who else was a partner in our paycheck. We do not actually know where our money is going. We understand the Medicare deduction and we understand the Social Security deduction. Then comes the grey area of Federal Tax deduction. Somehow, a large sum is deducted and we do not know exactly where it goes. It reminds me of the word "stuff". The federal deduction pays for all of the other "stuff" that our country buys. I think that after all of the hard work we put in, America needs to itemize where our money goes.