 Do we really need to pay our income taxes? |
| There is no law that states that we "MUST" pay them...and the "fact" that when we do pay our taxes, they go to service programs...fraud....the money from income taxes goes to pay ... |
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 Why should we have to pay taxes ? |
why should we have to pay taxes ?
after you work all your life and buy a home you have to pay the government taxes just for owning it... its an illusion you never really own anything you just ... |
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 Why are the most productive people taxed the most? |
And the least productive people taxed the least (or not at all)?
Does this make any sense to anybody but a communist?
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JACK You lose, L... |
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 In your guys' opinions.....? |
| which is better to go to......H and R Block or Jackson Hewitt?? i have been going to H and R Block for years but i was thinking about trying Jackson Hewitt because i wasn't too happy with H and ... |
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 If you donate to Good Will is that a tax write-off? |
| I have TONS & TONS of clothes and shoes, etc worth alot of money; my husband tells me to donate it to Good Will so we can just write it off for our taxes? Is this true? And how do I go about ... |
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 Can I claim child support on my taxes? |
| I write a check for an amount assigned by the state plus i pay for health care the my child. Can I claim this on my taxes?... |
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 Stimulus Rebate Cant Provide Status? |
Last 2 digits are 03. Supposed to hit today Direct Deposit.
IRS website says:
"We are sorry but we cannot tell you the status of your Stimulus payment."
A... |
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 Do the homeless and unemployed need to file taxes? |
Ok....
I have a bet going with my girlfriend. Do you only need to file taxes if you have an income? My thought is that even if you have no income, the federal govt. wants you to file a ... |
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 For the last 7 years of my Mums life, she paid a woman £113 per week to care for her. should this lady pay tax |
| My main reason for asking this is that I am aware that this lady and her husband fleeced my mother, and also basically ignored her during that time, despite the fact that my Mum bought her a new car ... |
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 Can I be claimed as a dependant on taxes? 21 yr old college student living with parents. Help!? |
| I'm a 21 year old student attending college...i live at home with my parents (and two sisters)...my parents provide everything (housing, food, bills etc)...and I have a less than part time job (... |
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 The rebate checks people are getting in the mail, is it tax free money? |
Or do you have to claim it as income and get taxed on it?
Curious.
Additional Details
Judy, it was just passed.... |
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 My boyfriend paid for all of my bills and expenses in 2007, can he claim me as a dependant? |
We've been living together for 9 years and last year was the first that he paid for everything...my student loans, bills, food, etc.
When I was younger and working, my father tried ... |
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 The IRS are trying to say that I owe them taxes now. How? |
| During tax time, I was expecting two W-2's but only received one. I went on ahead to file that one and received a small refund of $300 and something. I put in all of my medical payments and ... |
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 Should fat buggers be taxed more.......? |
| lets face it they eat more of the earths resources, take up more space, and we burn more petrol to lug em round. think wot a difference it would make to the economy and the ozone layer..... tax em or ... |
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 Do you pay tax on a second job which is part time? |
| i recntly started a new job which is full time i didnt get taxed on my first wage then my old emplyer rung me and aked if i wanted to go back just 8 hours a week as well as do my full time job,do i ... |
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 I'm still waiting? |
| well here it is June 16,2008 and My extra tax check hasn't come yet! Everyone else I know has recieved theirs, not me.I've gone to the page to find out when I'll get it but all it ... |
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 What do i do if i receive a W2 by mistake? |
| I received a W2 for a place i never worked for. EIN number 26-1242925. Cant find it anywhere on the web? Called IRS and they said I need to contact the company, but I cant locate it by the address ... |
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Christopher K | Why do so many people want to punish the rich with heavier taxes? |
The rich provide most of the jobs that these very people are employed in; if they are taxed too heavily, they will simply take their business elsewhere, and these very same people will be out of a job because of their own actions.
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Oh, and just so people know; "envy" answers get automatic thumbs down. |
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Jeremy L. Knauff
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Many of the people who answered this question are so far off-base and simply parroting leftist propaganda. The fact of the matter is that the top 25 percent of income earners pay nearly 83 percent of the income tax burden, and the top 10 percent pay 65 percent according to the IRS. Hell, the bottom 50 percent of wage earners pay only 4 percent of the taxes. If that's your idea of fair, I'll go ahead and stop working and those of you that think that the rich should be taxed more can send me some money, after all, you'll be richer than me then.
It's far easier to demonize a smaller portion of the population which is what leaders and politicians have been doing since the beginning of time. It is an easy ticket to power to say "Look at all those evil rich people that have what you don't have. If you put me in power I'll take it away and give it to you."
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Worldly25
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Human nature to vote yes when the outcome does not affect ourselves.
Most people cannot think of the long range results just what is happening to me at the moment. Not realizing within a short time frame due to a promotion, raise or new job could be now considered rich. |
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frank g
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Well, alot of it comes from the fact that our government is to large. When we have so many public programs which require funding ie. taxes it has to come from somewhere. Since the largest percentage of the voting population is impoverished or not far from, it fuels the "Robin Hood" economics circular logic. Your correct in that Draconian taxing is not the way to go. |
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timetowinher
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I can't quite figure this one out either, it has to relate to jealousy because there's no other explanation. |
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Farmer Jed
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Because they are jealous and feel a sense of entitlement - especially among liberals................. |
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Anvorn
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I believe the logic is such that:
(figures used as examples)
15% of a poor man's income may be a small amount, but what they are left with is very little as well, and living off the remaining 85% still has costs for health care, transportation, food, rent/mortgage, etc...
20% of a rich man's income is surely a much more significant amount taken out, however, even 80% left is more than sufficient to cover their basic needs and certainly much much more.
Seems to me taxes are becoming a sort of "mandatory donation" in order to bring the communities up to a higher standard of living. And those that are brought to a little higher bracket can probably afford a few more luxuries, which in turn fuels more profits for those owning businesses because of the extra cash people have. The problem is when you see tax dollars going to waste with things you do not agree, and becomes especially aggravating when it seems the whole country disagrees with government's decisions. If everyone was assured that the money is going to benefit the world we know, we wouldn't be so sour about it. |
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John I
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First, when you say, "The rich provide most of the jobs," you are generally not correct. Corporations and small businesses provide most of the jobs. Corporations are taxed separately from their shareholders. Increasing taxes on the rich won't mean higher taxes for the corporations in which they own shares. And as for small businesses: their owners are taxed directly, but are usually not so rich.
Second: under current law, the rich actually pay a lower effective tax rate than people with lower incomes. This is for two reasons:
(1) Rich people have access to many deductions that middle and low income people don't have, and
(2) Under the current regime, long term capital gains are taxed at a very low rate. The rich make a higher proportion of their income from capital gains, while the rest of us make more of our income from compensation.
To be specific: According to IRS data, people with more than $1 million/year in income paid an effective tax rate of 30.8% in 1996. In 2006, they paid an effective tax rate of just 22.5%. That's less than people making $100,000/year in compensation income. That's not fair.
No one is suggesting "punishing" the rich with heavier taxes. They are suggesting only that the rich pay their fair share, like the rest of us.
Edit: And I knew you would give me a "thumbs down" for this answer. You said right up front that if people wrote answers you didn't want to hear, you would give a thumbs down. I don't know what gratification you might derive from that, but you're entitled to your pleasure--no matter how perverse it is. |
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Wayne Z
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It is not about "punishing" the rich. It is about making the people who can afford to pay, pay. The wealthy did quite well for themselves the past 8 years. The poor and middle class.....not so much.
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Trish
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I think the mistake is in viewing taxes as a "punishment".
The government needs a certain amount of money in order to provide the services that benefit the entire community, which is ultimately good for both rich and poor. For example, how well could a business function without a military to defend it from external enemies or a police force to protect it from thieves and vandals? How could businesses sell their goods without roads to transport them? These expenses must be distributed among everyone. Is it more fair to charge the same amount of money to the rich and the poor, even if it means the poor have nothing left to live on, or should the rich bear more of the burden because they are the ones who can? Even after taxes, they are still rich, and the poor are still poor.
The rich like to say that they provide the jobs for everyone else to live on. This is true, but it is equally true that the rich could not have their businesses or their wealth without the people who work for them. We are all in this together. |
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Jeckyl
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The wealthiest people find shelters to avoid paying the taxes we all pay!
The middle class carry the heaviest tax burden and the largest percentage by income! AS far as the jobs not being there , if the tax burden is not lifted there will be no money going into the economy anyway. We are not only the employees of the rich, we are also their customers! If we have no money to spend everything fails! |
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chatsplas
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. . . .because they are not paying their share of taxes. . . .
most of their income is NOT earned, but is unearned income and is taxed at far lower rates than the tax on ordinary earned income. . .unfair |
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LadyMar
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Most of the world has a more progressive tax system than the US does. So I think what most people who want our tax system to be more progressive is not that unusual. I don't think the rich have many opportunities to "take their business elsewhere", since this is one of the most regressive tax countries in the world.
Same reason why people with kids pay less taxes by getting more tax deductions, I guess its a way to approximate how much money people really need based on demographics. I do believe that each extra dollar after a million is not missed as much as it would be for a $40,000 / year family. Again, its not punishing them its being fairer to the people who need the most.
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Samantha J
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The rich already have tax breaks, and they're already shipping their jobs outside of the States. Obama wants to provide tax breaks for companies who keep their jobs in America, providing benefits for everyone. Sounds good to me. |
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TL
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Because the people with little money are taxed at a higher percentage than people with a lot of money. The rich keep getting richer. |
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jreo97
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most of the people commenting here don't fall in the rich category. do you make $250,000+ then you feel a little pain.. how about $1,000,000. ok then you have a right to bitch. all of you complaining, just do the math. if the rich wasn't taxed a higher % then the loss would come out of your pocket. even if you lowered the taxes of the $1,000,000 guy by 1% (YES JUST 1%) that would be $10,000!!! so lets put that on the guy who makes $40,000??? Just think before you speak |
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