Wednesday, April 3, 2013

Josh Learns About Income Tax

In which Josh (8y) learns about income tax-

Josh was sitting with me as I finished up our taxes. He saw the dollar amount and exclaimed, "Is that how much money we're getting?!"

Me- "No dude, that's how much money we're paying."

Josh- "WHAT?! We have to send that much money to the government?!"

Me- "Yeah. It sucks, doesn't it?"

Josh- "Totally. We could do so much stuff with that money. Wait, what percent is that?"

Me- "15%"

Josh- "Hold on. So we have to pay them 15% of all the money Daddy made AND we pay them 8% every time we buy something? What is that about?!"

Me- "Exactly."

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