 If I make $170,000 annually, about how much would I have to pay in taxes? |
| First time doing taxes, 19 years old, New York City, Web design job...... |
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 What happens when 2 people claim the same child on a tax return? |
| We have court orders stating that my husband and I can file for both of my step sons on our tax return, b/c we are not getting any support from their mom. We got a call from out tax man stating one ... |
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 Taxed on bank account, is this legal? |
| can anyone give me advice on what to do with my bank please, last 4 months ive been getting taxed on my account, is this normal? not alot, no more than £5 but why should i be taxed on my account ... |
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 Poll: When did you file your return & when do you expect it? |
Im reading on here that some people got their returns today & some will get them tomorrow. I though January 30th was the first date?
When did you file?
When do you expect your ... |
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 HELP! I just got something in the mail saying I didn't file 2005 taxes!? |
| I had no clue. It was the first year I lived on my own. Yes, it's my responsibility, but I just didn't think about it. Now, I have no clue where I worked because I have had 2 and 3 jobs at ... |
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 Do i need to file for income taxes? |
| i just start my first job(first) last month, I have made only about $1000 after taxes, so do i need to fill out income taxes, please help, or should i just call H&R block or some other tax ... |
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 I have received a lottery winning notification from yahoo UK Ireland Whether it is genuine? |
| I have been asked to submit claim form to claim the prize amt from Yahoo UK Ireland Lottery Prtomotion. Is it genuine?... |
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 How much is $90000 after tax each month? |
I would like to know how much would I receive each month after tax on an annual income of $90000? Tx!
Additional Details
Hi, I am a single person w/no dependents and don't own a ... |
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 Has anyone with SSN ending in 10-18 receive their tax rebate through the mail yet? |
| On the website, it says that my husband and I will receive $1800 ($1200 for filing a joint return and $600 for our two dependents.) It's supposed to be mailed out next week, but I still have not ... |
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 Benefits ????????????? |
| hi, my wife, has not worked now for nearly, severn years, anpd has never claimed a penny since being off work with the kids, when she stopped work, she was told she would nort be entitled to any ... |
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 £20,000 salary. What will be monthly take home pay? |
My salary is £20,000 per year. What will be my monthly take home pay after tax & N.I. contributions. What % gets taken off?
Additional Details
i am a married man. My tax code is 503L... |
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DeathButler | Inheritance Tax...Good or Bad? |
Air your views on inheritance tax, personally, I hate it, but you might not feel the same |
 |
 
blaster
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I dont see anything wrong with it...if you want to work hard all your life to make sure your kids end up ok,,,well that good on you.
What does DISGUST me is this bloody money grabbing goverment taking 40% of your earnings which you have already paid tax on...what right do they have to do this.
This is money youve worked hard for,to pass on to your children...and they wonder why theirs bad feeling towards them. |
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The Drunken Fool
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everything we inherit has already been taxed at some point, so it is unfair to tax it again. |
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Well, said Alberto
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To me, its not whether its good or bad, its where you set the bar. Estates above how much ? What percentage should be taxed ? As long as it is not punitive, its a good thing. |
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Jade
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i think its discusting for us to have to pay for things our loved ones leave behind |
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Dylan 61
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The family property should be exempt from IHT as it currently is exempt from capital gains tax. Other properties, holiday homes etc should be included and the level should be set to exclude ordinary hard working people who have paid tax all their lives. My suggestion would be exclude family property and set tax ar £500,000. |
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leece
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its just another way for them to tax again, they tax everythin and they even tax pensioners if they get a private pension. tax tax tax they are the scroungers |
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robert w
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the under informed poor and poli(many) tician(blood sucking animals) politicians love it.
the under informed poor because is shafts the 'rich' who were hard working ex poor and their kids.
the politicians because the 'rich' are easy targets.
inheritance taxes is double taxation. |
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simplesimon
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As an originally Labour and more socialist idea... I can actually see why it is sensible and reasonable.
If you take it that the point is that everyone should be rewarded for their own success in life, and have to make their own way in the world - as opposed to archaic practices in which wealth is stored in families and passed down through the generations – the it makes sense, and is sound. Who better to tax than the people that don’t need it, and haven’t earned it? You have to pay for public services with something!
That said, it’s a kick in the teeth when it actually affects you… |
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Dark Crusader
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we have already paid tax on most of our belongings so why should we pay again, & so much, if we must have it the start rate needs to be lot higher (house prices alone are taking almost everybody over the threshhold). Start at £750k & increase in line with house prices. the rates at which they are then taxed should be £750k - £1mil 10% £1mil - £2mil 20% & £2mil upwards 40% |
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tringyokel
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I have no real problem with it in principle.
I don't understand the comments from people who believe it should not be imposed because their income has been taxed already. Don't they have computers, mobile phones, etc? Generally money is taxed when we receive it (usually income tax) and again when we spend it (VAT).
In this country we do not have a wealth tax. Tax is imposed when money moves from one person to another. The advantage of this system is that it is usually easier to identify these situations.
Inheritance tax is good from an administration point of view. It is very difficult to deny that the transfer of money has taken place because it is triggered by a death. Also the taxpayer is not likely to complain as he is already dead!
As to the actual rates and reliefs I don't think I will comment. Let's just say if it were up to me the system would be a bit different. |
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Croxx
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I'm in favour as it's a progressive form on taxation. Plus there enough ways to reduce your liability. |
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