 Do I have to file my taxes? |
| I am a full-time senior highschool student. In 2006 I made almost $4000 dollars. I am fully dependent on my parents and I don't owe the IRS they owe me a small refund. Also my W-2 forms are ... |
|
 Tipping..................... |
| I have a neighbor that works in a thrift store as a cashier for minimum wage. If her sales for the day top $350, she is given a 10% cash bonus of the overage, but when she receives her paycheck, ... |
|
 Cant pay at the time I file......What do I do?? |
| I am going to file my taxes in a couple of days but I owe about $1,500. I can not pay at this time so what steps should I take upon filing my return.... |
|
 How can I stop Ex from claiming my son on his taxes. ? |
| It specifically states in the divorce decree that if it is one of the parents turn to claim the child, but they are not current on child support, then the other parent claims the child. My ex is ... |
|
 Must my father in law file or pay federal taxes? |
| he is 85 yrs old gets a pension and social security worth about 2300 a month he has not filed since my mothr inlaw died 3 yrs ago can he get in trouble....... |
|
 When you but a a second hand car from a dealer,why do they add vat to the price when? |
vat has already been paid on the car when it was new?
and if the same /other dealers sells the the same car again and again ,vat is still charged
RIP OFF Britain !
it seems to me the ... |
|
 Why don't we get rid of the SALES TAX and start a good ol income tax. Then the rich will have to pay.? |
| What does a punity sales tax mean to the income of the rich who pay no income tax. (Florida and maybe more? ) Sales taxes really hurt the low and middle income people and mean nothing to the rich. (A... |
|
 Has anyone recieved a paper stimulus check?????? |
has anyone recieved a paper stimulus check yet ?
who's info on the IRS web site says it will be mailed on may 16th?
Additional Details
MEGAN Z
i am sorry but you are ... |
|
 We used hubby's 401k to payoff house, car and land. Is any of this deductible on income tax? |
| Company merged and decided to withdraw rather than rollover. Knew it would be subject to 10% penalty but thought it was better in long run to pay everything off. Now trying to find ways to reduce ... |
|
 When will w2 forms be sent to california? |
| when will w2 forms be sent to california?... |
|
 What is the day you are allowed to start filing taxes forr 2008 tax season? |
| I am wondering if you may filing as early as Jan 1 or if you must wait until a certain date, and if you do what is the date. Thank You to all who answer.... |
|
 Can settle a tax question as to why the rich seem to pay less taxes than the rest of us? |
I say they pay less because they spend more money overall
My friend says they pay less because there are more middle/poor class taxpayers than rich taxpayers.
Who's right ... |
|
 Tax credit overpayments please help! My husband died suddenly Aug last year and had 10k overpayment debt? |
he was off work for 1 year after extensive brain surgery and when he returned to work I informed the IR on his behalf. He was already
3K in overpayments for 03/04 but they have continued to pay ... |
|
| How far back can i file for taxes? |
| My father is now 61 years old and looking into retiring but his payment according to the earning statement would not be so high. So i started looking into it and i realized he didnt file taxes from 19... |
|
 Does HR block really try hard to "Maximize" you're return? |
| I've never been to a tax prep service before, but this year i think id like to just go so i can see if i have been missing anything that i could be deducting... I know turbo tax and all that ... |
|
 HELP WITH TAXES PLEASE!10points? |
| I am about to enter a job as an independant contractor. I was told that I must send a payment into the irs every three months or I will be penalized more money. How do I figure how much to pay? Can ... |
|
 Do you ever have to stop filing your taxes? |
| My grandma has this idea that she doesn't have to file taxes anymore because she is of a certain age. I don't even know when the last time she filed was. She only collects social security ... |
|
|  |
a_free_man_forever | What do you think about taxes? |
america was built on the foundation of being tax free. we even threw a tea party over it back in the day. now however, people have houses taken from them, inheritances taxed so greatly they lose everything. i knew a farmer who died and left his land to his three sons. they had no money and nothing besides the land they worked on all their lives. the government came and told them the value of the land for inheritance tax. they were unable to pay it and lost everything. not every case is as big as this but it is important you realize this happens everyday. any working american is taxed, losing about 15-20% of what they make before they even are paid. we are a nation with a high poverty level while politicians and government officials live with all the luxeries. we need to realize this as a country. what does everyone else think?
Additional Details
jefferson said "the government that governs best, governs least." Yes there is a need for some things, but we are paying for much more than a clean country and roads to get to work. in my opinion, there should be no b/s takes like inheritance, property, etc. but just enough to keep our great country alive without making politicians rich and the rich near untouchable. after hearing a few opinions i think most would agree, but i want to hear all your voices, not just a few americans but america as a whole and beautiful country. i love the land we live in but it is dire need of reform, and in more areas than just taxes. |
 |
 
PepsiLime
 |
Most estates do not pay an estate tax, since the federal limit is currently $2,000,000. We didn't revolt because we wanted to be tax-free, we revolted because taxes were being passed left and right without any consultation of the persons being taxed. I do agree that the current tax system is not fair with all the tax loopholes, and gifts to favored donators, but right now it's all that we have to work within. If someone has a more fair way of taxing, please, let's hear it. |
|
acermill
|
Well, for starters, your story about the three sons is totally incorrect. The government does NOT tax inheritance at a rate of 100%, plus a certain portion of the estate is tax exempt. They may have been forced to sell the land to cover the inheritance tax, but I guarantee you they each also walked away with a sizeable cash payment after they sold the land.
Taxation is a necessity in order for the government to run. Some of what the government spends seems rather useless, but it's all part of the game.
While it's currently popular to whine about our tax system, you'd be crying wildly if there were no taxes to support the infrastructure to which we have become accustomed. |
|
Rob B
|
I respectfully disagree with most of your thesis.
I believe that your basic premise is flawed. Per the Declaration of Independence, the USA was not built on the foundation of being tax free, but that a people being taxed and otherwise being put upon by a government deserved representation in that government.
Some kind of tax is necessary in any system of government. Otherwise, where does the government get money to provide for the common good of the country? The military, police, fire, and EMS need money to operate. We cannot very well hand that over to private industry. Infrastructure such as roads, ports, and airports are vital to the economy and emergency services. When we tried a "voluntary" system under the Articles of Confederation, one of the issues was that there was not enough money to sustain vital services.
As to the idea that we have a "high poverty level," the Census department puts the US poverty level at 12.6%. The World Bank indicates that just over 21% of the world population lives in poverty, some countries it's as high as 80%. While we do not have the lowest poverty levels, we are far better than most of the world.
Do politicians and government officials live in luxury? Well, they don't live in poverty for the most part, but they also have jobs. Being gainfully employed is the single biggest factor to whether one lives in poverty. Many politicians on the national scale also had money before they entered politics or earned most of their current net worth outside of their jobs (Kennedy, Bush, Pelosi, Edwards, Kerry, etc.). Many people outside of government have a high quality of life as well. Industry executives and professional athletes have levels of income orders of magnitude higher than even the President of the United States.
Now I do agree that a large percentage of our tax dollars are not spent wisely. We need to demand that government accounting be held to the same standards as corporate accounting. If they needed to follow the GAAP standards required of publicly traded companies, we would be able to see how our money was being spent and vote accordingly. We also need to stop allowing politicians and talking heads to separate us into the "left" and "right" camps and instead concentrate on our common goals. |
|
Mark S
|
America was NOT built on being tax free. Get your history straight. The motto was "No taxation without representation"
The Boston Tea Party was to protest the British tax on Tea that was established by the British Parliament at which the American colonies did not have representation |
|
Mathew
 |
Taxes are wonderful! Without them I would not have a job! |
|
bostonianinmo
|
Where do you get the idea that "america was built on the foundation of being tax free" (SIC)?
Nothing could be further from the truth. Please go back and read up on your American history. The primary trigger for the American Revolution was over representation, not some wild-eyed idea that the colonists should not pay taxes. They were quite happy to pay their fair share, they just wanted some sort of say in how it all came together.
Taxation without representation is what the colonists were protesting against, NOT taxation per-se. Had old King George and Parliament listened to the colonists and allowed for a few MPs to represent their interests at Parliament it's highly likely that the American Revolution never would have happened. Heck, we might all still be Royal Subjects to this day, flying the Union Jack on our flagpoles putting "petrol" in our cars, singing "God Save the Queen" at football (soccer) and cricket matches, and swanning off to the pub after work for a few jars of good English Bitter if King George had used his head for something other than a crown rack.
Your story of the "farmer" doesn't add up. Sure, there have been a few small family farms that were sold off to pay inheritance taxes but the government does not just step in and assign a value and confiscate the property for non-payment. The property is sold -- it brings whatever price that the market dictates -- and the taxes are paid and whatever is left (usually well over half of the net estate value, BTW) is divided among the heirs. If this happened 2 years ago as you say, at least $1,000,000 was left untaxed as that was the Estate Tax exemption at the time. If it was divided 3 ways, each of them received at least $333,333.33 and paid no tax on that at all. If they've blown that all they have only themselves to blame. My net worth is approaching that level and I'm about ready to declare myself "set for life."
If you know of a better way than taxes to fund the services that government provides, I'm all ears. But tossing out rants full of half truths and outright misstatement of fact does nothing to validate your position and marginalizes your argument into oblivion. |
|
Annie
|
Taxes are redistribution of wealth and I agree that it is wrong for the government to take money by force from some to give to others.
To discuss taxes, you have to start with defining the proper purpose of government. Most people in this country will say that the government should help people in need, build roads, finance research, give money to disaster victims, pour money into the UN, whatever. As long as there are a majority of people (or strong special interest groups) that want the government to provides these services and donations, there will be taxation.
We all talk about how free we are here in the US - but we aren't. There is an economic freedom scale that I have seen and we are falling fast.
Most Americans have an entitlement mentality. They want the government to take care of them. The government produces nothing, so where will the government get money? Taxation. |
|
stephen t
|
Taxes suck. Taxes are arbitrary. We do need taxes for such things as roads and the military. Unfortunately, there is a lot of waste at the local, state , and federal level and people game the system to get out of paying their fair share. The government and taxes should be set to a minimum and interfere with our lives as little as possible. When I take someones money against their will it is called theft or robbery, when the government does it, it is called taxes. President Bush is an idiot he gave tax breaks to the ultra rich and spends money like a crack fiend. |
|
responder
|
We have to pay for our spending.
The answer is to cut spending. |
|
Concerned
 |
They suck. Support politicans that are behind the FairTax. |
|
Gary
|
How else can you run the country? You got to have taxes. I do agreed that our tax system needs to be thrown out and everyone pays a head tax. No more exemptions, deductions or refunds. Plus you can do away with the IRS. I am for term limits on politicians, no more career ones like Ted Kennedy. Our representatives should not get any more pay raises. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
11 | 2 minutes(s) ago
| | | |
11 | 28 minutes(s) ago
| | | |
11 | 1 hour(s) ago
| | | |
10 | 5 hour(s) ago
| | | |
11 | 7 hour(s) ago
| | | |
11 | 9 hour(s) ago
| | | |
11 | 1 day(s) ago
| | | |
11 | 5 day(s) ago
| | | |
11 | 6 day(s) ago
| | | |
11 | 2 week(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
