 What will you do with your Stimulus rebate? |
for me, i'm saving it for the June 20, and 21 race at the Milwaukee Mile. that way, i have more spending money to take along.
what will you do with yours?... |
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 The Income tax changes 22% to 20% basic and the loss of the 10p rate are you better or worse off? |
Additional Details
This is interesting because technically I am better off, but other changes mean that actually I don't really gain. My wife is worse off and as a family although ... |
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 If a company car is available for personal use are you required to keep receipts of fuel payments? |
| If a car is avail for personal use and you pay for all your private mileage and keep records is this sufficient for tax purposes? Can a company deduct a "certain amount" from an employees ... |
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 I have a 9 month old son. I have not worked but I want to know if I can file a tax return on him? |
| I need to know if I can file a tax return even though I have not worked, and I'm a single parent of a child.... |
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 Being audited becuz of stupid ex? |
| Ok me and my ex have not been together for 3 wonderful years. As all of you know its tax season... Well to make a long story short we never married and we didnt have an agreement on who gets to claim.... |
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 What recourse do I have if my employeer did not take out enough tax from my paycheck? |
Is it my fault if my W-4 is correct and they just did not take out enough money?
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This means that I owe the government money.... |
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| Is there a website that can track my Income Tax Returns? |
Additional Details
In other words a website that I can put my info into and they will tell me if the check is on the way, or still being processed or what. I know there is one because I ... |
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 How can I have someone's money in my bank account and prove incase of a tax audit that it's not my money? |
| My cousin is leaving to Mexico and asked me to keep his $10,000 until he comes back. I know theres a certain amount that if deposited to any account, the bank reports it to the IRS. How can I prove ... |
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 If your a minor, do you not get charged for any taxes? |
I lost a pretty penny to the IRS. Is their certin conditions you have to be under in order to be "dismissed" on taxes?
no mean ... |
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 A friend told me that if i used turbo tax my stimulus tax money would be mailed instead of? |
| direct deposited-my refund was direct deposited??? anyone know if this is i this true...... |
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 Tax rebate, how much? |
| Married with 1 child, made maybe 42k total. Are we getting back 1200 for us and 300 for our child?... |
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 Is it legal to "tax" a tax? |
| We pay a school tax with our electric bill, it gets added to the total bill and then taxed again, is that legal? Isn't that double taxing?... |
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Robert | Im a 34 year old male and work Very hard and pay my bills.Will There be Social Security for me when I Retire ? |
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YY4Me
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The maximum income which is subject to Social Security is currently $90,000, I believe. If the ceiling were removed, and our employees stopped raiding the fund, there would never be a problem.
There are people who say that the ceiling should not be removed or even raised. The reason they give is that people in higher income brackets don't get as much benefit as those in lower brackets. That argument is bogus They ignore the fact that everyone, regardless of income, pays the same amount of money to ride a bus, or buy a gallon of gas (indirect taxes), etc. Too much of the burden has been placed on people with middle and lower incomes. That, and raiding the fund, will be the cause of any problems that arise in the future, if they do.
The other poster is correct about the things that are covered by Social Security. Anyone who thinks they'd be able to get by on savings if hit by a catastrophic illness is sadly mistaken. If you had a stroke, how would you even begin to pay for all of the services you'd need with no job? Whatever you had managed to save would be eaten up in no time.
My friend had a massive stroke at the age of forty-nine. Her entire right side is paralyzed, and she's aphasic. She has to spend the rest of her life in a nursing home. Without Social Security insurance, she'd never be able to afford it. This kind of thing could happen to you, or someone you love.
We should demand that our employees (federal, state, and local) work for us, rather than corporate interests, since that's what they're paid to do.
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AM-NM centaur
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The Social Security Trust fund fictional balance is expected to be depleted around 2038. At that time, incoming taxes will pay for approximately 75% of benefits. That means after the system goes bankrupt, you can expect payments equal to 75% of what is currently projected, in absence of changes to taxes or benefits.
What politicians conveniently leave out of the reform debate is that Social Security is more than just a simply retirement system. It also provides disability insurance and survivor benefits. Try buying all three benefits for the same price as your 6.2% payroll deduction rate. |
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Steve
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It may be there it may not. However, you still have to pay Social Security Taxes. Just like every other person that works hard and pays their bills. |
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Molly
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There are a lot of variables between now and your retirement that will dictate whether or not there will be adequate funding for social security.
There could be a complete tax reform like the Fair Tax. It would be interesting to see how SS is resolved then (with no input). We could have huge recessions (or even depressions) throwing us backward a century. Or, we could have prosperous times and earnings could help. Who knows.
One thing I'd like to point out (and some will NOT like this said) is that our (meaning 35 and under) generation is not in control of the political wheel that will guide what happens tomorrow. Are we an influence? Yes. But majority typically rules and right now that means Baby Boomers. Until they retire or die, their needs will be focused on first. We come next (or last). As with most things, we fix the short-term and never make good long-term plans to fix things.
If Social Security is 'fixed', it will probably be something one generation fixes for their predecessor. I'm just a hair younger than you are and am already quite sick of my parents friends telling me to 'keep working so someone is paying into the pot'. Gee thanks for passing the buck. |
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r_kav
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Yes, absolutely, just as there will still be public schools, police, firemen, roads, bridges, armies, etc. These are all popular government programs which will continue.
It may be slightly different. For example, the age at which you can get it will probably rise, due to increasing longevity. |
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Doc Hudson
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Hell, I'm 51 and I don't figure it will last until I get old enough to draw Social Security!
Doc |
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been_there_done_that
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Probably not. Invest all you can so you have financial stability at retirement age. |
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slovenly
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i say no, but a 60 year old hippie-optimist-political activist recently told me yes...note that she has also been working on universal healthcare for the last 30 years. |
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j7o2e7y
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probably not. it's complete ****. i'm 16 but still work and pay into social security but i know for a fact i won't get jack **** when i retire! WTF!
i wish they would let me opt out of social security because i know i am more responsible with money than the government. |
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