Posts Tagged ‘deduction’

Laurence J. Peter: Tax Powers of Deduction

Posted by admin on Sunday, March 20, 2016

Laurence J Peter funny tax quote saying we don’t use our ability to figure out how to keep more money doing anything but our taxes. Laurence J Peter said:
 
Few of us ever test our powers of deduction, except when filling out an income tax form Quote
 

“Few of us ever test our powers of deduction, except when filling out an income tax form” — Laurence J. Peter

 

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This quote suggests that completing an income tax form requires deductive reasoning skills to properly report one’s income and expenses. However, the process often involves more gathering of documentation and following instructions than actual deduction.

A deeper interpretation could be that Laurence J. Peter saw the income tax system as overly complex, requiring taxpayers to think carefully about how different items on their tax return interact with each other in sometimes non-obvious ways.

In any case, the quote highlights that filling out a tax form can provide an opportunity, however inconvenient it may seem, to exercise our mental faculties of deduction and logical thinking.

Birthday: September 16, 1919 – Death: January 12, 1990

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