What does everyone think of the VAT reduction in Britain? |
I am glad that prices have come down. I have always believed in Britain we are taxed to much.
I am worried though because Britain is lending alot of money to enable this tax cut and ... |
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When i file my tax's if i claim that i make 15,000 a year how much will i have to pay in tax's? |
| im 18 and i live in nashville tennessee with my parents! im filing for self employed in i just wont to know in ... |
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Can i claim myself as an independent? |
| I live with my parents and a full time college student but I support at least half of my living spents by myself. I'm turning 21 this year and wondering if I can claim myself as an independent ... |
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How to tell if im beening scamed? |
| im new on computers.ive got an email from"feDex courier" <fedexnigeria_courierdelivery@live.com> stating i have a large sum of money,for a handling fee of 185.00.do i report this to ... |
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Who should claim the kids for taxes? |
| My fiance made more money than I did last year so I was wondering who should claim the kids for taxes? I always thought the person who made the least should claim them, but then somebody else told ... |
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If I did not work during the past year, do I still have to file taxes? |
| I didn't have a job this year, and didn't recieve a W2 form in the mail, etc. Do I still have to file taxes?... |
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Follow up question: If I Incorporate, do I pay taxes twice? |
So i'm planning on incorporating and more and more I realize I need to get in contact with an accountant, but my question is simple I think.
If I incorporate (as the company's ... |
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Should i have gone with someone else to do my taxes? |
| my cousin is a cpa and i always go to him. my boyfriend said i should go to h&r block to get it done. i went to my cousin again and got 1/3 of what i paid. my boyfriend says i should have gotten ... |
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In Northern Ireland we pay for water in our normal rates but now we are being hit with a separate water tax... |
| Is it legal to be taxed twice for the same thing and why have our politicians done nothing about this!!!???????... |
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Anyone had a fraudulent letter from hm revenue and customs? |
| regarding a tax code change even tho its not april yet ? also saying i work for a company called kelly services ! i have never heard of them and have never worked for them.... |
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What is the difference between the provident fund account & saving bank account? |
| what is the difference in provident fund account (ppf) as compared to saving bank account? if i invest my money in provident fund account can i withdrawl the money any time i want and would it be ... |
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Tax Return money without W2 in Dayton, Ohio? |
| I live in Dayton, OH (obviously). I worked 4 jobs this year. I need to find out where these places are that can get me my tax return check without my W2.... |
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If you were a nomad, and travelled around the USA in your car, would you have to pay taxes? |
| of course you'd have to pay sales tax and such, but would the IRS be after you for state and federal taxes?... |
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I've been claiming 0 on my W-4. Would it be wise to change to 1 allowance? |
| I've been reading on the internet on this, but just need this answered. I am single, one job, and only make around 17-18K a year. I've always filed 0, but would rather have the money in my ... |
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I am working in Bangalore?There is PT deduction from my salary? |
Amount of 200Rs got deducted from my salary every month on the name of PT. I came here from Punjab for job.Will anyone explain me what is this PT. and how to save this deduction.
Thanx in ... |
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My mother filed for me on her taxes without my permission? |
I am 25 with a baby and a full-time student. On my FAFSA, I stated that no one can claim me as dependent.
I am also concerned that this will affect my financial aid because my mother is a ... |
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nathannecro | Why do we pay taxes if there is no clear law that states that US citizens need to pay taxes? |
The money made from tax revenue goes to the IRS, which then goes to paying the debt that the US incurs from drawing money from the Federal Bank. It does NOT go into paying for health, paving roads, schools, etc etc. Taxes go directly into the Federal Bank's pocket (which by the way is not part of the government). Anyone have a clue why we still pay taxes to the Feds? Additional Details @yourtabo
But these codes are not ratified by the Constitution etc etc....so we are not obligated to follow them? |
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NGC6205
 |
Let's start at the beginning with the Constitution. In Article 1, Section 8, Clause 1, it states,
"The Congress shall have Power To lay and collect TAXES, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States;..."
It continues from there with taxes must be geographically uniform. That simply means that any federal tax law must apply to all persons regardless of where they live. A person in Florida making $50,000 a year and no dependents and does not itemize pays the same amount as a person in California with identical circumstances. The Constitution further states that direct taxes must be apportioned, however, income taxes ARE NOT DIRECT TAXES in a Constitutional sense. That was the purpose of the 16th amendment to clarify that income taxes were to be treated the same as all other taxes instead of being treated like direct taxes.
The Constitution further states in the last Clause of Article 1 Section 8 that Congress has the power...
"To make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers"
Based upon those powers, Congress has enacted LAWS throughout the history of the U.S. Some of those LAWS are related to taxation and some of those are related to income taxation. Our current tax laws are codified as Title 26 of the U.S. Code. Now I could explain all about positive law and prima facie law, but I won't at this time. However, remember this point...TITLE 26 IS LAW. The sections of Title 26 that apply to most people are sections 1, 61, 62, 63, 3402, 6001, 6011, 6012 and several others. In basic terms, if you are a citizen OR RESIDENT of any of the fifty states or D.C. and several territories, and you earn more than the standard deduction FROM ALMOST ANY SOURCE, then you MUST FILE a tax return and pay any taxes due.
Your statements about the Federal Reserve are based on conspiracy theory nonsense. I could explain the structure of the Federal Reserve in great detail, but there is only limited space allowed for an answer. Therefore, I will explain how the government borrows money. First, the government doesn't borrow money from the Federal Reserve or any bank. The government borrows money by issuing Treasury securities. These are T-Bills, T-Notes, and T-Bonds. These securities are sold at auction where ANYONE may buy them, even you. The Federal Reserve does not buy the Treasury securities it holds at auction, it buys them on the open market. The open market is where holders of Treasury securities sell their securities to others. Since the government does not redeem a security until it reaches its maturity date, the only way a person can reclaim their money before the Treasury security reaches maturity is to sell it on the open market.
Now, the Federal Reserve does buy Treasury securities on the open market and it does sell them on the open market as well. This is called OPEN MARKET OPERATIONS and is one method used by the Federal Reserve to control the money supply. For more information, take a money and banking course at a college and don't get your information from Internet conspiracy websites or YouBube videos. The Federal Reserve does collect interest on the approximately $800 billion in U.S. government debt that it holds, however, AS REQUIRED BY LAW, it returns excess earnings to the U.S. Treasury. This can clearly be seen on the independently audited financial statements of the Federal Reserve.
http://www.federalreserve.gov/boarddocs/rptcongress/annual07/sec6/c3.htm
I bet you read or heard that the Federal Reserve had never been
audited. In 2007, the Federal Reserve collected approx. $40.3 billion in interest on the securities it holds. It returned to the U.S. Treasury approximately $34.6 billion. BTW, income tax collected far exceeds the amount of interest on the debt. In 2007, individual income taxes totaled approximately $1.16 trillion. The interest on the debt was approximately $420 billion. |
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m
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Go back and read the Constitution, 16th amendment |
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Wayne Z
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The law is: Title 26 - Internal Revenue Code
http://uscode.house.gov/download/title_26.shtml
http://www.quatloos.com/hereisthelaw.htm
The people that say that there is no law are called "Tax Protesters". They have been around as long the income tax itself and, while their theories vary, they all have one thing in common. None of them have ever been victorious in court and gotten out of paying their taxes. File your returns and pay your taxes. You will be much happier in the long run.
I am not sure what you mean by "....ratified by the Constitution...". The Constitution can not ratify anything. Congress passes bills, they are signed in to laws by the President and interpreted by the courts.
Yes Virginia...there is an income tax.
...and your theories about the Federal Reserve Bank are wrong also...... |
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chatsplas
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Asked and answered on here, repeatedly. . . .check it out. . . . |
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wartz
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Al Capone must have gone to jail for jaywalking. The Supreme Court obviously doesn't know what it is doing when it clearly upholds the laws that you say don't exist. You should immediately call all the newspapers and television stations to they can let the country know about your amazing discovery. |
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yourtabo
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Actually there are books of codes from the IRS requiring US citizens and residents to pay different kind of taxes. The code itself IS the LAW!!
Wayne answers your question. Besides if your claim it's true, don't you think the lawyers would skip the taxes?? I'm sure they know more than you. |
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Byrne H
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Even if this is true, how does it affect you? I think it makes more sense to dislike taxes on principle rather than because you think the law was poorly written -- especially because it's hard to imagine Congress not just fixing the law (and seeing it ratified by the courts) if your view were legally defensible.
Unfortunately, tax resistance is just not the best way to oppose taxes. |
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rustoria617
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The best answer I can give you is that if you don't pay your taxes you are very likely to be in a sh*t load of trouble. There'll be a knock at your door in the middle of the night and federal marshals will haul you to jail.
How 'bout that for a "clue?" |
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