 Do you have to file State taxes if you live in Texas? |
I just moved here and I heard you don't.
Can anyone let me know?
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Thanks, YA'LL!... |
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 I have been traced out through simplymarry.com and asked to pay a fee of Rs. 350USD. Can I trust? |
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Actual thing is that one US girl propose me and then she told me that I have been working in AAWPE P in US. You can com here by paying the fee of that organization ... |
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 Is it true that we will have to pay back the stimulus check we go last year? |
| I heard that this year when you file for your taxes they will be taking out the stimulus money from your tax return is this true? And if so will they be taking out the whole amount you received?... |
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 Should we lie on taxes? |
What are the odds if a lie was submitted on a Federal Document FASFA/Income Tax the Government will catch it?Does the government pay more attention to auditing somethings more than others?
... |
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 My company didn't give me a W2, what do I do? |
| I worked for Albertsons for 3 months in 2008 and now it is turned into a Publix (Publix bought them). A few months later, I got another job and I received a w2 from them but not for Albertsons. Am I... |
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 Has anyone taken out a christmas loan with hr block and filed there taxes with Jackson hewitt? If so, did ? |
| Jackson hewitt aprove you for the RAL or did the deny you and send the amount owed to HR Block? It is not 2 loans and I did not file my taxes twice. Hr block gave me a loan based on my takes and J... |
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 Can you file your 08 tax return in december? |
and how?
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somewhere I hear or read that you can file an estamated earnings and refund? For people in financial need? something like ... |
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 What happens if someone hasn't filed a tax return in 20 years? |
| They have had income taxes taken out of their paycheck all this time. Now they got married last year and want to file a joint tax return for 2007. Will they and/or their spouse be penalized or ... |
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 Who should claim the baby on thier taxes? |
| We have a daughter due Jan 1st and there is a chance that she could be born before the new year. I live with my boyfriend and im just curious as to who should claim her? He makes more and pays in ... |
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 How do i finde out what my take home pay will be after taxes? |
| i get paid every other week i figuered out what it is but i need to take taxes out and i dont know how to do that. i live in ny ... |
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 If tax rebate checks are sent out to low income based homes how would that benifet the economy if . .? |
| they use that money to buy illegal drugs like crack, and weed? The government realy thinks by mailing checks it will kick start the economy? no, all that moneys gonna go to drug dealers who will ... |
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 My son and his girlfriend and new baby live with me and I have supported them. Can I claim them on my taxes. |
| They are both 25 yrs. old. They got a few food stamps but I have been their total support. Can I claim them as dependents on my taxes. No they are not in school.... |
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 I claimed exempt on taxes. Now i received a letter about 3 years of not filing? SCARED STIFF!!!? |
| I received a letter a couple days ago from the gov about 3 years of unfiled taxes. I've never made over 5000 a year from part time jobs. I've always been a full time student and my parents ... |
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 Tax refund dilemma.? |
| I am getting a couple of grand back on taxes and want to know what I should spend it on. I want to pay down by debt as much as possible. I have a car loan that is about 4,000 and credit card debt ... |
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 How long before all the stimulus checks are sent out? |
| I don't know if I asked the question properly but since my SS number ends in 98 does anyone have any idea how long before a check would be sent to me. Do you have any idea as to how far they ... |
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qwerty | Is the Earned Income Tax Credit a form of socialism? |
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ANDY B
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definitely - it is totally a redistribution of wealth |
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Judy1
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Basically yes, it's redistribution of wealth - the claim often made is that it's to reimburse for social security and medicare payments, but in a large number of cases, the EIC payment is higher than the ss/medicare withheld - also, since ss and medicare are to qualify for later benefits, this then turns THOSE programs into welfare programs if people become eligible without paying into them.
That said, I think that EIC for a person or family who is working basically all year is a good program - but there is a huge amount of fraud in the program with people who claim dependents they aren't legally allowed to claim. And why should someone who works only a small portion of the year get anything from it, if its purpose is to encourage low income people to work rather than go on welfare? Under the way it's set up, they can do both - work a little, get EIC, then welfare the rest of the year. |
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bostonianinmo
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No, it's more like Corporate Welfare. The EITC was introduced under Reagan as a compromise to stave off an increase in the minimum wage. It effectively transferred the responsibility to pay a living wage from business to the taxpayers.
In 1967 it was possible to support a family of 4 on the $1.40 minimum wage. If the minimum wage had kept pace with inflation, it would be on the order of $13.50 to $14.00 now. Interestingly that's about the poverty level for a family of four -- and even with the EITC, many families get by with a LOT less.
And no, it's not Socialism. Economic Socialism is government ownership of business with a more-or-less free market calling the shots on production and market demand. It IS a form of welfare though, with business the principal beneficiary. |
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Jason
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Unfortunately it is, and it's also the most abused type of welfare that we have.
As a tax preparer, by trade, I see many people who work just enough, so that they can maximize their EITC. |
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MadMan
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If it is then so is Medicare, Medicaid, Social Security, disaster relief etc. |
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Clark Kent
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Absolutely. It gives 'refunds' to people who paid no tax to be refunded.
It makes those who DO pay taxes pay more to support these freeloaders.
It is a reward to those who fail to earn a decent income and a penalty to those who do take the trouble to get a good education, a good job and work hard to achieve.
I could see it if it were limited to someone who is temporarily down on his luck, but some people conceal their true income and get these handouts for years. |
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daoco
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It's welfare, not socialism. It's also the source of fraud and abuse in the tax system. |
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Worldly25
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Yes. It is the distribution of someone else's assets to another.
Social Security based on the design of an insurance policy, on the other hand would be self supporting if our esteemed Congress would have kept their greedy little hands out of the fund. |
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v b
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If yes, then so is the habit of charging fica/mc taxes on workers to pay the retirement benefits of elderly workers. |
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Jss
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Yes, it is helping those who did not earn enough. |
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