 Does your tax rate decrease when you get to a certain age? |
| For example, if you make $50K and you are 75 years old, do you pay less in taxes than if you made $50K and you were 25 years old?... |
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 CAN someone with no income file taxes? |
| I know that you do not have to file if you have no income, but CAN you? I ask this because I am separated from the person I have two children with. This person has not worked one day for the entire ... |
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 How much will the government stimulus checks be and when will they be sent out? |
| Is it going to be based upon your income? I know I worked enough that i will probly receive one but I do not know how they are basing the rate.Is it 300$ across the board or 600$ for some and 300$ ... |
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 What is the last date for a gift to count on 2006 taxes? |
I will be receiving a number of financial gifts over the next few years and am wondering if a gift given today (or in Feb/March?) would still be eligible for the 2006 tax year.
Much as ... |
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 What does claiming yourself as an exemption on your tax returns do? |
| Theres a question on my tax return asking Are you claiming yourself as an exemption? Im not sure what this does if I claim it. Im not dependent on anyone so it says I can claim it but is this a bad ... |
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 I've been off work on injury. I receive no taxable money. Do I need to file a tax return? |
| I've been on workers comp. for the whole year of 2007. I receive tax free money from my company. Will I receive the same deductions as a normal person?... |
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 If I owe money to the IRS ($192) does that mean that I will not be getting a tax refund back? |
| My parents file my taxes and for some reason I ended up owing money. This is the first time this has happened to me, and I just want to know if I'll be getting any money back in a tax refund. T... |
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 What is the best way to file taxes when getting married, and we both have children from a previous marriage? |
| My fiance and I have children from another relationship, I have 2 and he has 1. Im concerned when we get married we will have to file jointly and we will lose that extra money. When married can we ... |
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 For tax purposes, is it better to be married or single? |
Will I get a bigger return if I file married or single?
Additional Details
I am engaged right now and we're thinking of getting married before the year is over.... |
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 Are daycare expenses deductable from federal taxes? |
| I was wondering if you can deduct amounts paid to a daycare from your gross income when doing your federal income taxes. Also, if yes, do you have to itemize in order to claim that deduction or can ... |
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 If I have no Income for 08 and im married with a child..? |
Do I still get a tax refund??? Well technically my wife and I get SSI
but not enough to claim any of it... We get about $805.00 a month...
We have a 6 month old....Are we screwed??... |
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 I'm 17, work, want to claim taxes. Can my mom still claim me? |
I've been working a lot and think I deserve my taxes, but my mom says she can't claim me if I do and won't allow me to do it. I don't think it's fair.
Can she '... |
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 Is it true that this year they are taking out the stimulus from last year? |
| I heard that the stimulus they gave last year is being taken out this year with the new taxes?... |
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homerunhitter | How many of you guys are in favor of increasing the minimumwage in exchange for abolishing inheiritance taxes? |
There is a bill in congress to raise the fed minimum wage a couple bucks IF the inheiritance taxes are abolished. So, it looks lke the little guy gets a crumb and the wealthy get a cake. Are you in favor or not...and why? |
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smonical
 |
Increasing the minimum wage will mean that some people will make more money, but others will lose their jobs. It also means that there will be higher inflation, and more jobs will move overseas. A good idea? No.
The bill does not abolish the estate tax--it just lowers the rate. But lowering the rate means that it is easier for the descendants of the most wealthy people to get even more wealthy, even if they don't really have much ability to manage money. You have to be a multi-millionaire before the estate tax applies to you now. A good idea? No.
So, the bill is the combination of two bad ideas. I wouldn't vote for it. |
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Josh
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I'm not aware of this bill, could you provide your source, I would like to read it. Thank you! |
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kathyd10950
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I am in favor of raising the minimum wage, but not for abolishing the inheritance taxes. This is just another way that congress is once again helping the rich and richer. |
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TaxGuru
 |
Perfect example of congressional horse trading. Makes no sense to put the two together, except that each buys votes for the other. |
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religion_is_mental_illness
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Maybe lowering the inheritance tax.
The tax is easy to avoid anyway - all you do is put everything in a trust. |
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Rick R
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read the news bush just increased it to 7.45 hr |
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Expert
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Minimum wages need revision but not greater than $5.5. You are talking abt federal rate & this applies every where including rural areas & all kinds of jobs/industry.
Anything over 5.5 will hurt small businesses.
(70% of economy is small business related) |
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Molly
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Those who get paid minimum wages don't pay that much tax in the first place. People always think its the rich vs. poor, but in the tax system those with more income (the wealthy) PAY more in taxes. Even if there are modifications to the law, they still pay more in dollars AND a percentage than most of the middle or lower class. So, in essence we are TAXING the wealthy. Don't listen to the liberal news, it gives you diarrhea. |
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