Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Taxes
Finance Discussion Forum

 Has anyone heard that the irs is illeagal?
i saw somewhere that there is no law that says you have to pay income tax?...


 What is salary 5K means?
...


 What does means by pros and cons?
...


 Will I have to pay back my economic stimulus rebate check?
I have read in a few scattered places, including a comment in the local paper that the 2008 economic stimulus rebate check is in fact, an advance on your 2008 tax return refund. I know all the IRS ...


 Dress clothes u buy to wear at work is that tax deductible?
like button up shirts and polos required at work are these tax deductible???...


 My daughter is 10 years. She receives SS survivors benefits . Can I still claim her as a dependant?
I earn approximately $29000 per year, and my daughter has no source of income other than the death benefits which are approximatelt $700 per month. Does she or I have to claim this as income? And can ...


 Should I buy a program or go to the tax guy?
It'll cost me around 300 or more because of a home business...but I've kept good records for itemazations and business expenses....


 When will I get paid? I work at a grocery store in Canada.?
So, I got hired at a grocery store 3 weeks ago. During the first week on Thursday it was payday for everyone else. Now it's 3 weeks in and pay day is this Thursday. I've been there 3 weeks ...


 My tax filing for 2006 was wrong. I actually lost money instead of not making any money. What can I do?
I received a K2 form and lost $8200 for year 2006. However I filed a joint return with my spouse for the first time and reported I didn't make any income. What can I do?...


 Current Tax slabs in india?
...


 I have my PAN then is it necessary to file IT Return ?
...


 Employer switched everyone from W-2's to 1099's?
I've been working at this place for 3 years.One day my direct deposit isn't there.Since then they have been paying everyone cash and told us this is the way it's gonna be from now on.W...


 How much money should I get after tax from £1840?
Before tax I have £1840,that is a monthly payment,and I am not sure if I get the correct amount after tax.How much money should I get after all reduction.My tax code is 522L...


 Has anyone had their stimulus check deposited into their checking acct. yet?
Just wondering - my husband and I filed jointly - will they go by his ssn or mine?...


 Do you have to file your 1099's on taxes?
Had my taxes done at H&R Block, and they said I would get a bigger return if I did'nt use my 1099's....


 What is the difference between a hard pack and a soft pack of cigarettes?
What is the difference between a hard pack and a soft pack of cigarettes? What are the pros and cons of the two different type of cigarette packaging? What is more preferred and why?...


 If you hit the lottery for $42 million?
how much do they take out for taxes?...


 My mother wants to claim me as a dependent (Im 18 and I live alone)?
i didnt even file my taxes but i told her i did and i claimed myself as a dependent (she thinks i made alot more than i did). shes telling me i need to get an amended form because she will get alot ...


 Does tax on cigarettes fund the national heath in uk?
alsso where does the tax on cigarettes go ...


 When are tax return checks sent out?
...



don1862
To save Social Security, which are you willing to do? pay higher taxes, retire later, receive lower payments.?
I prefer retiring later, because I enjoy working and think it is good for us to work.
                     
 




little-fingers
Rating
I am not sure, but here in Canada..I would like them get rid of all the bull, and cut all the bull (blank) programs at cost us millions!
but they say we need to pay someone 5 million dollars to do something that really costs less then a million!

If they did that we all would be ok, but as it sits the poor get poor and the rich get richer!
and soon no one will be able to retire!
I mean look at all the older people paying twice for medicine and having to eat, well we will leave it at that!

I hope one day I might be able to retire!


Gary
Rating
I rather contact my elected representatives in Washington DC and inform them to stop messing with Social Security and quit borrowing money from it. I am also for removing the cap for wages regarding Social Security payments. All earned income regardless of amounts should be consider.


bostonianinmo
Rating
Pay higher taxes, by way of removing the cap on SS taxes. SS tax currently stops when wages exceed the annual ceiling, currently $97,500. Removal of this cap will significantly improve the financial health of the SS system.


r_kav
Rating
Gradually remove the cap and increase the eligibility age.
Also, fund part of it from general tax revenues, like other government programs are funded. The only reason future shortfalls can be predicted is because of the unique SS and Medicare taxes on earned income. Everything else is funded by general tax revenues, and that usually results in a deficit anyway.


Judy1
Later retirement, and lower benefits, will probably have to happen at some point.


BOB D
Rating
pay higher taxes


smile4me4161
I'm honestly not sure which i would choose. I'm bitter about the fact that I pay, what I believe to be a lot of money, to a pool of money that will not be there when I retire if they do nothing about social security. I'd prob go with higher taxes just because I don't know what health my body will be in when i get to retirement age...at this rate it will prob be 80 by the time I'm ready to retire.


dryheatdave
Rating
I think later benefits, rather than later retirement would be OK.

I plan on retiring at 50-55yo. But I am planning to have savings to keep me going until SS kicks in & at that point I would derive less income from savings.

I plan on being an active traveler when I retire. I'll spend the money on trips as/when I have it. But as I get older & that became less feasible, an annuity will be a far more sensible option.


wartz
Rating
It is probably time to raise the retirement age. The original age, 65 copied the age that Germany started using for its social security system in 1880. In 1936, when social security started, average life expectancy was about 61 compared to about 78 now so we have many more years of retirement than our grandparents.


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.044
Copyright (c) 2011 Financial Crisis Tuesday, May 29, 2012 - Terms of use - Privacy Policy