I live with my girlfriend, her son, and her mother in her mother's house. We have lived there for a little more than a year and have been paying half of the bills for maintaining the house. I am ...
at the present time electricity prices are controlled by shareholders in search of high profits,if all people in the UK refused to pay these inflationary prices the energy company's would have ...
On the IRS website it says that anyone who CAN be claimed as a dependent (even if you weren't claimed) will not be receiving a stimulus rebate. I was a student for half of 2007 (graduated in M...
I was just curious if anyone actually got their stimulus direct deposited yet that has the last 2 of the SSN 00-20. So many speculations as to "friends of people" having them deposited and ...
I got my income tax done for nothing at a community centre by a volunteer.I make less than 14000per year last year,I claimed my rent , student loans interest,and my meds[which the person would not ...
I got a notice 746 from IRS asking me how I paid my mortgage in a year I didn't file. I actually wasn't working and lived off a cash out refinance. Can I ignore letter, can they ask this?? W...
What are your chances of getting busted?
Do the employers report your W2-s to the IRS? Additional Details Those rat bastards!!!!! My state and fed returns both went down by a ...
I've been meaning to file for years, but for one reason or another, I never have. (I KNOW I'M SUPPOSED TO FILE EVEN THOUGH I DON'T OWE, BUT I'VE ALREADY ADMITTED THAT I HAVEN'...
Lived together several years, parted 2002 as friends. For many reasons, he has continued to give me $ every month since parted (never over Fed gift amount per yr. Example: $12,000 is max for 2006-20...
stingmyflesh
Is it true that you dont pay taxes - they take taxes?
I have never thought of it this way before but you are right, they do exactly that.
They don't always deduct, what about Value ADDED Tax?
Mike G
There's not really a difference. You could say that you don't pay for bread -- the store takes the money. It's just semantics.
If "paying" requires the action to be voluntary, most of us wouldn't be paying for much.
happywjc
we are suppose to pay taxes, I guess I missed that one
blackienorton69
The real answer is one of semantics: We ARE paying through deductions on our paychecks (those who are self-employed and some others must directly pay each year in different tax tables and forms).They are TAKING the taxes as a way for us to easily PAY them. Before direct deductions, few people ever got an income tax refund. In fact, so many audits showed that people were not paying due to simple mistakes (as opposed to cheating), so congress decided to make it easier for us.
How nice of them.
heybulldog
You pay taxes. If you don't pay your taxes then they take taxes.
hmacca
What is the difference?
With PAYE my employer takes my gross pay - pays part over to the Taxman as NI and Income Tax and gives the rest to me.
With VAT I pay the shopkeeper the full price, the shopkeeper pays part to the Taxman and keeps the rest.
Of course if I was to buy from a crook, he would take the full price including VAT and not pay any over to the Taxman. In that case yes he is 'taking' my tax.
Boom Chiki Bomb Bomb
yes if there are no taxes taken out your check during the year you will end up oweing taxes when you file
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