PlayControl Software

In honor of the upcoming Tax Day, I'm going to gripe. The tax code is unfair and broken. (There, I did it. I don't feel any better.) While there are volumes of reasons to complain (literally), I'm going to focus in on a specific aspect: savings. 

A case in point of the unfairness is savings (plain old, non-retirement accounts). The tax code is structured so there is a huge disincentive to save money, particularly for the short term or intermediate term. 

You might be trying to save money for an emergency fund, save for a big purchase item such as a car or house, save for a big event such as a wedding, or just trying to plan for the future. But if you try saving for these types of things and your time span is less than the long term (say less than 5 years), the tax code works against you.

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