 Who think everyone should have to pay the same about of taxes due to the wages, not how many kids they have? |
| Say, you make 14.00 a hr but have no kids, but you have to pay 10x's the amount as if you had 4 kids. Is this really fair? I think people playing the tax system make it harder for the people who ... |
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 Question for Aussies about Centrelink? |
| If I sell things using paypal, do I need to declare this, even though it is tax free money?... |
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 Should ILLEGAL IMMIGRANTS receive tax rebates this spring? |
Its being voted on that ILLEGAL IMMIGRANTS should NOT get tax rebates this spring, is that right or wrong?
Thoughts?
Additional Details
I find it hilarious that they even have ... |
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 Extortionate prices? |
| today i was charged £3.80 for one beefeater tomato and £5.64 for two large mushrooms,i complained to the supermarket manager who said the prices were correct,in no uncertain terms i told him what ... |
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 My husband and I were separated for the whole 2007 year, but are back together.? |
| Should we file taxes separately? We have one child. My gross income is in the lower $20,000 range and his is close to $45,000. Would we get a bigger return if we file together or separately?... |
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 Why wouldn't a flat tax work? |
It seems like a fool-proof way of doing business. Come up with a budget--divide by the total earnings in the USA, get your percentage and leave us alone.
Other than putting countless Tax L... |
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 Has anyone got there federal refund yet? |
Just wondering I know there is a lot of talk about people getting it tomorrow, Where's my refund is still telling my the 3rd. Some people are saying the 28th now. What the heck is going on?
<... |
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 How do you calculate the VAT content of a purchase ? |
with UK VAT now at 15% how do I work out how to calculate the VAT proportion of a product.
... |
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 How Many tax deductions on my W4? |
| I am married and my spouse works, we have one child, we own a home and I pay for day care and I have student loans. How many deductions should I claim on my W4 to break even??... |
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 Can I still do my taxes if my mom is claiming me as a dependent too? |
| I worked a few months out of the year and was wondering if I can do my taxes if my mom is claiming me too? Will it mess anything up?... |
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 Question about claiming a child on taxes? |
| is it possible to stop someone from claiming a child on their taxes? (my son's father doesn't do anything for him and im worried he might try to claim him on his taxes)... |
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 Why don't they deduct taxes from babbysitting jobs? |
| Babbysitters are mooching off the system by not paying taxes like everyone else. Shouldn't parents be also fined for employing undocumented and underaged workers under-the-table?... |
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 Its 2008, i forgot to do my taxes in 2006 can i still do it? ? |
| yup taxes season is around the corner and i realize that i didn't do my taxes in 2006, so im wondering if its still possible to do my taxes from that year? if so, any suggestion on how to get my ... |
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 Tax Question: Possible to have a greater $$ amount of itemized deductions than income? |
Me and my friend were talking the other day and she was telling me about her taxes and it made me little worried. okay, she
owns a small business, married (spouse not employed) and a home. Her ... |
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tourdesub | How can 95% of taxpayers receive a tax cut when 40% do not pay any income taxes? |
I'm confused about Obama's tax plan. Which 95%? Is it people who actually pay income taxes or is it 95% of the population in general? Is it income taxes he wants to cut? Or is it payroll taxes or capital gains tax or something else?
Remember, if the bush tax cuts are not extended past 2009 and 2010 this will automatically increase taxes to a lot of people, not just those who make $250,000+ and not just a little. I fear they will not be extended. A lot of tax payers (people who actually pay income taxes) will be in for an unpleasant surprise. |
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RM
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His plan will give tax cuts to 95% of Americans and yes 40% do not pay taxes. Therefore it's basically redistributing the wealth from those who pay taxes to give rebates to people who don't pay. Why can't Americans see it? It's amazing how ignorant a lot of the population is.
Also he plans to raise tax on the wealthy. Well the person who owns my company is wealthy. We started as a small business and now are a medium sized business which employs 600 people. If taxes are increased on my business owner we will have to layoff workers, increase our prices, and will get lower pay raises next year. There are at least 3 people in my office that don't really do much right now and could easily be laid off if taxes are raised on my company.
Corporations in essence do not pay taxes, they just raise their prices so that the consumer pays... so if corporate taxes go up, prices go up on everything, making it harder for every family to buy the same things.
It's basic economics but it seems like most of America wasn't required to take Economics 101 in high school or college. I know I was. |
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The Hitman
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Not only do 40% not pay any taxes, but they will still receive a "tax refund" check in the mail. Explain that one to me. It's called income redistribution. Steal from the rich and give to the poor.
And do you really think Obama has any intention of giving the middle class a tax cut? Come on get real. Bill Clinton ran on the same thing. Tax cut for the middle class. What was the first thing he did when he took office? Enacted the largest middle class tax increase in US history. Obama's plans include an additional $120 billion in spending. Where is that money gonna come from? You guessed it, the middle class!! |
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♥ Celtics fan ♥
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I fear Obama's tax plan. And yes, I never thought about that, but it's true that if 40% of people don't pay income taxes, how can 95%pay income taxes? Sorry that doesn't really answer the question. |
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spike24601
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If you don't pay tax you aren't a taxpayer... |
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Judy1
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I've been kind of surprised too that nobody asks that. He's apparently talking about doing something like increasing EIC to give the people who don't pay taxes more government money. In some quarters this is called redistribution of wealth rather than a tax cut. He has said 95% of working families, not 95% of taxpayers.
In any case, and this is the same for either candidate's "plans", a president can't give anyone one cent, it's Congress that can change tax law, not the president. |
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neipate
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40% of workers may not have income tax, but they still pay payroll tax. Payroll tax is higher than income tax for the majority of Americans. |
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The Return of the Loose Cannon
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its simple math really, 135% of us pay phantom taxes |
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Ron T
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Once again: 95% of tax PAYERS, not 95% of Americans. It's hard to give a tax cut to someone who doesn't have, or has never had a job. In actuality, both candidates proposals depends on whether you assume the current tax breaks would be renewed or would expire.
"Assuming they would have been renewed anyway, Obama's plan would bring in an additional $700 billion in taxes over the next 10 years, while McCain's would cost the Treasury $600 billion. Assuming legislators would have let the tax breaks expire, Obama's plan would cost the U.S. Treasury $2.7 trillion and McCain's $3.7 trillion." |
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Starlight
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It is 95% of "taxpayers." People who do not pay taxes are not taxpayers. 95% of the 60% of people who pay taxes will get tax cuts. Supposedly. |
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