I heard that there is no law that states that we have to pay a federal income tax. Is this true? |
| I was watching a video that was talking about 9/11 and at one point there was a couple of former IRS workers that said that there is no law that says that we have to pay an income tax. They said that ... |
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How many exemptions should I claim on my W-4? |
| I'm unmarried with a newborn. I have daycare expenses and qualify for the child care credit. I work full time, but was on unemployment where no taxes were taken out of my paycheck for 5 months.... |
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Is a car accident settlement reported as income? |
| I am getting a setllement from a car accident. Is that taxable or considered regular income? Friends have been telling me it isn't but I am not not sure. It is not a large amount and is under ... |
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Who has received their IRS Stimulus payment via direct deposit? |
| According to the IRS website, anyone who filed their taxes and recieved a refund via direct deposit should have received thier stimulus payment the same way - through direct deposit - no later than ... |
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How do you report someone running a business that isn't registered as a business.? |
| I know someone that is actually running a business from their home and making pretty good money, but not paying any taxes and is not a registered business. How can this be reported without giving a ... |
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Should I tell the IRS they made a mistake in my favor? |
| After 3 grueling days of my audit interegation, I recieved a letter that stated that their conclusuion was that I was owed $1,456,839,124. 23. Should I tell them that, while I make a nice living, I ... |
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Do you have to pay quarterly taxes when you file a 1099, or can you pay yearly? |
| Hi, my friend is interested in filing a 1099, so she can be an independent contractor for a company. Can she pay her taxes at the end of the YEAR, or is she required to submit income tax payments to ... |
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Is there a penalty for not filing for a tax extension? and if so what is it? |
| I thought that extensions were for only if you owed but I just found out differently. The only question know is how much will I be penalized for not filing an ... |
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Should Child support help me out on my taxes? |
| I do not claim the child as a dependant, but should I still see some kind of benefit when I file my taxes? I gave this info to my accountant and he told me that It wouln't do any benefit for me.... |
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Can i claim my 19 year old girlfriend on my income taxes. Im 19 too not old and creepy? |
| She has lived with me for well over two years, she is a full time student and has worked very little,... |
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Why does U.S. tax policy give favoritism to married people? |
Additional Details dpacman... your article says nothing about married couples that have only one wage earner. In this case, the tax policy favors married couples over singles.... |
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Can i use a PHOTOCOPIED car insurance certificate to get tax at the post office? |
Uk Additional Details I cant do it online due to the fact i just brought the car and waiting for log book to come and its needed on line .... |
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Hot Aviator Glasses | What percentage of Americans receive more from the government than they pay in taxes? |
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bostonianinmo
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Well, when you consider that the top 10% of all earners pay about 90% of all taxes, I'd say that the other 90% (including myself, and very probably you as well) are getting back quite a bit more than we put in. Welcome to the club! |
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Me
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When you say 'receive more from the government' are you referring to the value of services they receive (like snow removal, paved roads etc...)?
This is an impossible question to answer as how do you put a value on 'safety' and 'freedom' which is provided by the government?
But, some interesting points is the vast majority of income taxes paid (~80% - 90%) are paid by 10% of the population. That is why I always laugh when politicians complain the wealthy are getting tax breaks and people on here complain about the breaks rich people get.
We (the wealthy) are paying a disproportionate amount of taxes in this country. |
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wartz
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A fairly substantial percentage including anyone who has a couple of children in public school or is receiving social security. |
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Matt D
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Well I guess you could count most who are on social security. Would guess that's around 20% `+ another 15% on relief - so that's about 40% off the top. Probably turn out to be more than that. |
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Tired_Of_Sarcasm
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I don't want to know the answer to this question because my husband and I are hard working people and we live from paycheck to paycheck. I go to the store knowing I can spend X amount of dollars but watch the 18 year old with 3 kids in front of me whipping out her "Food Stamps" and buying pure convenience foods ---I think if we all knew the real answer to your question, it would drive us to completely overthrow our government. |
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back from the dead
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Too many. |
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stygianwolfe
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The lower income families,and people.They get aid from the Government(welfare) They get money back on taxes if they dont make enough.They get low income housing grants or sect.8's,free schooling(if their not having to pay the taxes or getting refunds)etc etc etc. |
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mig
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please clarify: when you say americans do you mean legal or "undocumented"? the latter of the two = 80%+ of their population. |
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Boomer Wisdom
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Something over 60% of the national budget goes for governmentally-funded people.
It's called "redistribution" of wealth.
And I doubt many of them need it, or deserve it.
Now, excuse me while I die starving next to my machine... |
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-Tequila9+
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The people with the highest income, the top 5 percent, receive much more from the government than they pay in taxes. They are sheltered, which helps them get richer.
But I bet you wanted to know how many "welfare bums" there are.
Well, the answer is the same.
Peace. |
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rina
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I know someone who works in public assitance in Texas. And he has told me that almost all Mexicans,especially the illegal ones,get food stamps. They also get section 8 housing and free medical. Also,their children go to schools without parents having to pay home taxes. Plus,their children qualify for special grants for college. They have special training in Mexico on how to get everything free from "system" once u enter America. They also sue and win cases for millions without even being legal citizens. |
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leonard s
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the same 5 % Who are the top income people. |
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