Why Can’t We Just Make Taxes Simpler to Do?

It’s safe to say that most Americans want a simpler way to file their tax returns. It’s a sentiment that we all hear around the country. But the reality of how complicated many people’s lives are make the prospect of a simpler tax return almost impossible.

The tax code will always stay complicated because it incentives certain “trying, positive societal behavior.” Namely, going to college or a trade school, buying a home, running a business that employs people, having a family while working. And many others.

Yes, there is abuse and there is a need to fix a lot of our tax code. However, lets think about this scenario. If I sit in my relatives garage playing video games (not as a job) all day and contribute nothing to society, should I get the same treatment as someone who is “trying?” Going to school, struggling with daycare, etc.

That’s why the tax code will always be complicated in a nation of 320 million people.

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How Do I Figure Out My Career Passion?

 

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Every so often, I’ll meet with a client looking to do something else with their life. Something more than their regular job.

The first and most important thing I’ll ask is, “what are you passionate about?” It’s a question that’s developed after having worked with many people over my career. Both business owners and employees.

If they aren’t sure what they’re passionate about I’ll ask two more questions. The first, what would they do for free? The second, what are they working on late at night because they love it?

I’ll even have a possible third question. That question, if someone gave you $10 million on the one condition that you got up and went to work every day, what would that work be.

Once they’ve honestly answered those questions, they’ve created a new potential path for themselves. It’s up to them on whether or not to follow it. But at least now they know what that passion is.

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