 Serious answers only...............Non payment of council tax? |
I know someone who's lived in a caravan (static) for 14 years and never paid council tax........my question is: what is likely to happen if he's caught?
Additional Details
Edit:... |
|
 Is this true????? |
| I am 28 yrs old and took out a loan from my 401K 3 years ago. Payments were being deducted from my paycheck on a regulary scheduled basis, until I left the company and was told I had 60 days to pay ... |
|
 Hey im kinda scared, I just got my first bank account.? |
I just got it like 5 mins ago and was talking to a friend and she said to me that I would have to do taxes.
I don't know how and my dad does that stuff. I dont trust him to handle my money ... |
|
 Tax rebate stimulus question? |
| Today I received a direct deposit with my $600 tax stimulus, HOWEVER I am a single mother and claimed my son on my federal taxes (and yes, I am the only one that claimed him). Will I receive the $300 ... |
|
 Sole proprietorship, Vehicle Write Off Question.? |
| I have a sole proprietorship in the state of California, Small business, no employees. I have purchased 2 vehicles strictly for company use. I have been told by a CPA that I can write off the full ... |
|
 Iv been promoted in my organisation and my annual package is 2.5 lakhs.Is it a must to have PAN? |
| If i dont have PAN then is it that i wont get my salary fo this month... i may sound stupid... plz answer...... |
|
 My tax lady told me that the money that we are all suppose to get in May-June...? |
is a reflection of 2006 taxes and what ever we get we will have to pay back in 2008???? For some reason they are not telling the Public about this!!!
Additional Details
For those of you ... |
|
 Tax refund please help?? |
I started my work since last april and last in october and then I am not working. Can I claim tax refund this year and what is the process and when can I apply?
... |
|
 Can I claim my son on my taxes? |
| My son who is 20 years old was full time college student until September 2007. Unforunately he had to drop out of college due to lack of funds (grants didn't cover it and loans were not a ... |
|
 How come I end up owing the Gov more than $1600 in taxes, is not fair? |
I make 40,000 a year
I won 3000
I had 2100 in medical exp
I paid 400 to donations
I had business exp of 400,
and now I have to pay $409 state, and $1300 federal, ... |
|
| How do I know what my UK tax office is? |
| I want to ask for a tax return but I need my tax reference, and this is provided by the tax office. The HMRC website is unorganised and completely unclear, so I'm asking for your help and ... |
|
 Can I get all my tax money i paid out of my check back? Im only 15 and had a sum this year of $1500.? |
| This year my total of wages came to only $1430, i work at kroger in michigan and im only 15. They take taxes out and union dues. Can i get the taxes i paid back because it was under $4000 or ... |
|
|  |
elliesaurie | Say someone makes $200,000 a year, are they taxed $100,000? |
My friend claims with all her heart they are.
I don't believe her.
Help? |
 |
 
Politically Correct
|
Your friend is right if he lives in NYC and is married and both spouses earn $200,000 or more. New Yorkers pay Federal, State and city tax and our tax rate is effectively 50% because of the way the alternative minimum tax works.
Puzzles me when Hussein talks about raising taxes to 50% for the rich, as a lot of rich people live in NYC, does that mean no increase for them? |
|
Wayne Z
|
No.
A single person with $200k in income and no deductions would pay about $50k in income taxes plus about $9k in social security and medicare. Even if you include state taxes, you will get nowhere near $100k in taxes. Plus, I would expect someone with $200k in income to have some deductions which would lower their taxes even more.
Remember, friends are only wrong about taxes about 99% of the time. |
|
stephenweinstein
|
Generally, no. However, it they spend all the money on cars (paying sales tax), live in New York City (paying state, city, and federal income tax), made the money by taking a premature IRA withdrawal (subject to a 10% penalty, in addition to the regular income tax), they could easily be paying more than $100,000 in total tax. |
|
mayflower11
|
noooooooooooooooooooooooooo
shes lying but i can't get into details |
|
Clark Kent
|
Very likely they are when you add social security tax, medicare tax, federal and state income tax, sales tax, ad valorem (property taxes) and every other tax you pay whether you realize it or not. Also you pay drivers license fees, auto registration fees, gasoline taxes and if you are a member of a licensed profession, you pay a license to practice your profession. |
|
src50
 |
No. |
|
samisemo
|
by golly no way. Income tax is about 26%. It will take a big chunk out of your pocket but not by half. Im not sure my statistic is true after the new propositions have been added. However, it should change dramatically |
|
wartz
|
Not in the USA. The maximum income tax rate is 35% and it doesn't kick in for a single person until they have taxable income of over $350,000 |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
8 | 40 minutes(s) ago
| | | |
8 | 41 minutes(s) ago
| | | |
8 | 1 hour(s) ago
| | | |
8 | 3 hour(s) ago
| | | |
8 | 5 hour(s) ago
| | | |
7 | 9 hour(s) ago
| | | |
8 | 11 hour(s) ago
| | | |
8 | 1 day(s) ago
| | | |
8 | 4 day(s) ago
| | | |
8 | 5 day(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
