Banter Bites

Tax Day Can Be … Taxing

This quote is perfect, except that we don't know who said it, "People who complain about taxes can be divided into two classes: men and women."

BANTER BITE BACKSTORY: It's probably a safe bet (yes, the IRS even has specific rules on how to handle gambling income and losses) that no one looks forward to Tax Day, but it would be easy to make assumptions that how people approach this potentially stressful day would be impacted by how much, or how little, money they make …

Red always assumed that Black, with her M.B.A. in International Finance and highly pragmatic and organized approach to everything, would not only be prepared for Tax Day, but would have filed her IRS paperwork well in advance of April 15. So, imagine her surprise when she found out that Black couldn't remember ever not filing for an extension and couldn't even remember ever preparing her own tax return.

But after Red thought about it, it made sense. If you make more money, your tax return may be more complicated. So, while Red would love to be burdened with filing tax returns on more income, it probably does make her attitude towards Tax Day more of something that needs to be done, but not on the scale of the project that it's for Black. (Plus, Black has to gather all the records for Red & Black, as well as other entities.)

Red knew that the April 15tax filing deadline had been extended to May 17 this year because of the pandemic but was curious about the history of Tax Day. But she didn't expect to find out that U.S. income tax has only been around since the early 1900s (it was first introduced in 1861, but was then on-again, off-again), as she just assumed that it had been around, well, if not forever then for hundreds of years.

But the biggest surprise she found? Now, prepare yourself … that the IRS might actually have a "sense of humor", although the IRS link Black sent her did have this disclaimer,

When it comes to taxes, everyone has an opinion. These quotes reflect the opinions of their authors; their inclusion here is not an official IRS endorsement of the sentiments expressed.

And if those aren't enough for you, these are also some great – and very famous – Tax Day quotes. While they may not inspire you to get your taxes filed on time, they might, at least, make you smile and know that you're not alone in whatever feelings you have about Tax Day.

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BANTER BITE BACKSTORY: Memorial Day may be the unofficial start of summer, and Red remembers celebrating over the years with family get-togethers, barbeques, and pool parties; whereas Black “celebrates” most holidays by having a quiet day to work uninterrupted, but it’s important never to forget the significance of the holiday.

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BANTER BITE BACKSTORY: Red appreciates that some holidays have historical significance, some have ancient traditions, and some are opportunities for one of Black’s unexpected, but often amusing and clever, comments, but May Day checks all those boxes.

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