Interestingly, I am currently listening to a book entitled, "The Darwin Economy" by Robert H. Frank. His predominant theme throughout has been on the necessity of taxes for the continual operation of society. I guess he has a valid point. My taxes are technically paying for my usage of the public facilities here in U.S. This is a topic that I have, of course realized to some
After all, I enjoy my freedom due to our armed forces, I make a living delivering pizza on public roads, and I survive thanks to the clean water provided by Seattle Public Utilities. These factors are all influenced by the taxes I pay and are freely accessible to all citizens of the U.S. So, despite having a hefty tax bill this year, I'll be doing my best to pay it down.
Perhaps the most positive aspect of this entire experience is the recognition that I need to set aside even more money for tax purposes. Fortunately, I had plenty of billable expenses to help offset much of my tax bill, but it is still far larger than I have ever experienced before. Thankfully, my emergency savings will be able to kick in and absorb the entire tax bill. It will take a month and a half to rebuild the savings to their minimum threshold, but this is their purpose in my personal finances.
Naturally, due to the tax payments, I've had to rework my budget for April, so I shall post this as soon as I've figured out how to work in the adjustments. In addition I will be posting a listing of my final total expenses for March. It is looking as though I shan't make a lot of headway on the payment of my credit card debts this April. Mostly I'll be aiming to keep my budget in the black and looking to cut a few more expenses to streamline. Keep an eye out for those updates!