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 Why do people allow themselves to be overwithheld on their taxes?
By allowing yourself to be overwithheld and then getting a big refund check is like giivng the government an interest free loan all year.
On the IRS website, there is even a calculator where ...


 I own one house, rent 2nd one to live in.i have bought & sold 3 houses this way.should I pay capital gains tax
...


 I am a single mom and just went back to work i have one child 10 months what should i claim on w2 1-2?
i am also head of house hold.....


 Is it true you can claim your pet dog/cat on your income tax?
...


 If they take taxes out of your paycheck, why do you have to pay taxes on income tax day?
I don't have a job, that's why I'm wondering....


 What if you didn't pay taxes for 15 years?
...


 Does it cost more to have your taxes taken out with your mortgage?
When I pay my mortgage all of my state and school taxes are included in the monthly payment I make. A friend told me that you save a bunch of money if you pay the taxes separately. I think he's ...


 Does anyone know where to find a chart saying when you should receive your stimulus payment from the IRS?
...


 How much was your tax refund last year?
...


 I just asked this question like a half hr ago but only got one answer....?
How much money do you get back per child? I heard that it's 1500 from one person and another person told me that you don't get anything. Can someone tell me please? I am not married but I ...


 Confused about the W-4?
This is my first job and I have to fill out a W-4.
I'm single and 19 years old. My dad said he's still claiming me as a dependent. I think I was asked to fill out exemptions and the ...


 I did a small amount of computer work for someone and that totalled $650. He mailed me a 1099-MISC!!!!!?
Anyway the work was done between 05 and 06. It was such a small amount in 05 that I didn't even report it that year. Federal taxes were never taken out of it either. It was paid out with ...


 How would the irs know?
i know someone that is married and just did her taxes and filed head of household so she would get a bigger refund. her husband is also going to file head of household under a different address. how ...


 Does any one even know what a 1099 int statement is ?
...


 Told don't have to file. Need answers quick.?
I did not recieve any 1099's or W2 this year as I barely worked. A little freelance, $4000.00 approx earned. I have a bank interest statement, a house interest statement and proof of money ...


 Taxes refunds?
Hi, I have a question about taxes refunds, I'm not a resident in the USA, I live in Mexico but I usually go to Arizona to do some shopping according to the season, recently someone told me to ...


 What do yo have to do to have your tax refund in a week?
Is it true if you file electronically on a monday or tuesday you'll have your IRS refund in one week with direct deposit?...


 VAT question?
i was just looking in a catalogue and each item has the price with the vat and without out the vat, can i just ask, i know iam a bit thick but when paying vat on these items do u pay vat on each item ...


 Do you think that the income tax rate should gradually reduce for older people?
I'm thinking of a 25% discount between 60 to 70, then 50% discount for over 70 etc.

Is encouraging older people to continue working this way good, if they want to work?...


 I didn't receive a W2 from one of my jobs last year which has cost me the 300 dollar stimulus package?
And since the place has changed owners 3 times since, I have not been able to track it down and receive it. The owners were very shady and they have not returned my calls pleading for a W2. I know ...



Voice of Reason
UK Tax levels are amongst the lowest in Europe - so why do we keep seeing complaints about high taxation?
UK mean income tax is lower than most European countries
UK VAT is lower than most European countries
UK Corporation Tax is lower than France, Germany Japan and the USA.
Additional Details
Matt S: UK overall tax burden is also lower than most European Countries
                     
 




The Oak
It is because too many Brits are spoilt and greedy. There are actually people in this society who have the latest computer technology and TV DVD equipment and still consider themselves poor. Maybe if more people read about the history of this country instead of the alarmist nonsense in the tabloids they would realise how LUCKY they are.


BNP. Protect Great Britain
Rating
Your dreaming mate.
You are only touching on very specific things, since labour has come to power they have introduced over 75 stealth taxes.
Keep living in that dream world.
PS-you vote labour i suppose


stevieR
Rating
1) Where are you getting your facts? Gordon Brown?!!

2) Just because it is low relevant to Europe isn't saying much - that would be like saying Zambia is well off compared to Zimbabwe. It is a true statement but they are both very poor.

3) You do not appear to be looking at overall taxation - as a % of GDP it is higher now than even the 1970's, it is just spread out and hidden in such ways as to make it look better.

4) The UK government takes approx 43% of the country's GDP to spend - that is high by any standard.

5) UK Corporation tax is still 30% - compare this to Republic of Ireland where many US multinationals are relocating head offices (much to annoyance of US govt!) Low Corp Tax encourages job creation and the RoI govt gains overall because their income tax rate is higher.

6) And don't forget the £5 billion (£5,000 million) pounds a year taken from pension savings by the UK govt which has been a large contributor to the current pensions crisis.


beautiful geek
because a lot of it seems to be getting wasted. i don't have a problem with paying tax, but when you read about the millions it's costing to stay in iraq it makes me question why i pay it.


timo_10
Rating
do you want to pay higher taxes? send more money to the government if you want. we have kooks that talk like that over here too. like al gore.


Mr Sceptic
Rating
Because people are stupid! They resent paying any tax and expect to get everything for free.


Matt S
Rating
Direct taxation, i.e. income tax etc. are amongst the lowest.

HOWEVER

We pay a very high rate in VAT, we have stamp duty on houses, inheritance tax hits people harder and harder, we have probably the highest tax on fuel anywhere in Europe.

You ought to look at the overall tax burden, and you will see that we are far from being amongst the lowest in Europe...


Moorglademover
It's not paying the tax. I'm quite happy to pay my dues.
It's what the current muppets in control are doing with my hard earned, that gets up my bugle!


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