 What states don't charge tax on toilet paper? |
| I had no clue that some states don't charge tax on TP but I just saw on Yahoo homepage that the little old lady won her fight against KMart for taxing toilet paper! What state did that happen in?... |
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| I am selling my house to my Mom. I am selling it to her well below market value. The selling price is 50,000 but the banker would like to make the selling price 74000, and show it as me gifting her ... |
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| My aunt did my family's taxes for me. I'm 20 years old and my aunt filed me as independent because I'm in school and moved out of my parent's house and pay my own bills. I got my ... |
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| I am in the process of trying to reclaim all my bank charges for the last 6 years, many cases have suceeded but they have not got back to me I have been waiting 2 months now. What do you think my ... |
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 Is church donation (tithing) tax deductible? |
| Is it 100% deductible? Is there a minimum amount of deduction to qualify (I have a wife and 2 kids, 401K, no mortgage, really nothing else to deduct)? What documents do I need to claim the ... |
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| Are VAT inspectors as bad as I hear? Are they human? Can they close down your business and seize your goods and chatels? They want to come and inspect my books.... |
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 A little more help please :(? |
1. workers compensation received for injury or illness is not taxable.
a. true
b. false
2. a taxpayer cannot contribute to an IRA if he has a pension plan at work
a. true
... |
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 No federal tax law..? |
Someone recently told me there is no law that says an american citizen must pay a Federal income tax. He also goes to claim that anyone imprisoned for not paying taxes is being illegally held.
I... |
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 Do I have to pay taxes on what I get paid for watching my friends child? |
| I watch my friends 2yr old 5 days week 10 hrs or more a day..she pays me $80.00 a week for this and deducts for days she misses and holidays. The average daycare around here is between $105 to $120 a ... |
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| My husband and I got married in October 2007 and filed jointly this year. We made around $25K combined and had our refund deposited into our checking account. I was expecting $1200. However, I ... |
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 Will my employer give me a 1099? |
I work for a couple(childcare) I keep theie daughter, my boss gave me aprint out of what I had made year to date titled "tax information" Shouldn't I receive a 1099 from her?
W... |
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 Pls. help me i hv recvd a mail from uk of winning of 500000 sterling pound in uk national lottery.Is it true? |
| i m little bit confused about that what should i do... they told me that courier charges will be borne by you so my dear frends could u pls.... suggest me should i send them courier service charges ... |
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bubbles_are_sad | Why would anyone in there right mind say the rich need bigger tax breaks? |
It just doesn't make sense. The richest one percent makes nearly 411 times the amount of a normal blue collar worker in the United States. Wealthy Europeans pay up to 65% in taxes andstill make 15 times a normal blue collar worker. That is still a healthy salary.
And before you answer, do not give me any "Love it or leave it" bullshit. |
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junglgrrl
 |
Only the rich think they should get bigger tax breaks! And because they are rich and usually powerful they will probably get them. I think it is stupid as well. The poor and middle class people are the ones that should get all the help. |
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rob b
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First you can't tax the rich. What ever high taxes you impose on them, they simply pass to the people that made them rich, ie. rent payers, customers, clients etc. The small business owner is the largest employer in the US. To tax the heck out of the rich just prevents our entrepreneurs from hiring more people, spending money on things that make us richer (not the government) like other small business owners. Also Europe is socialized everything, and what wonderful teeth they have. The bigger the government you create the less "we the people" you have in that government. Essentially, socialism is for the lazy and taxing the heck out of the rich is for the envious. |
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src50
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Who says they do? Be specific. |
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Amber K
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No one in their right mind would say that in my opinion. The people who need the bigger tax breaks are the people who are only paid minimum wage and the people who have less than that. That is the people who are struggling to make ends meet. |
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mikeeyman
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I run a business that caters to high worth individuals. I do not make a whole lot of money. I just get by. My business was on the verge of bankruptcy in the 90's... And with the Bush tax breaks in the early 2000's, my business has come back strong. The rich spend more when they have more, and it fuels the economy.
The top 5% of income earners in the US pay more the 50% of the total tax revenue collected by the government. |
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Charlie & Angie G
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Why the answer is obvious isn't it? In addition to the rich, people who don't think they pay enough in taxes think the rich need tax breaks. After all its only fair that single moms pay the same rate as Bill Gates, isn't it? |
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jsfnita
 |
well, if you tax the businessmen, they will just make more and add it into the cost of the products that us average joes buy, but tax them anyways - I think the poor shouldn't get things like EIC, I bet that would help me out. You have to figure they pay $2745 a kid those people get back that barely make $11k |
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MukatA
 |
The rich are in 35% federal tax bracket. Low income group is either in 10% tax bracket or they don't pay any federal tax; they get extra money because of EIC, Child Tax Credit and Additional Child Tax Credit.
Here are the figures for 2005 return.
"The top-earning 25 percent of taxpayers (AGI over $62,068) earned 67.5 percent of the nation's income, but they paid more than four out of every five dollars collected by the federal income tax (86 percent).
The top 1 percent of taxpayers (AGI over $364,657) earned approximately 21.2 percent of the nation's income (as defined by AGI), yet paid 39.4 percent of all federal income taxes.
That means the top 1 percent of tax returns paid about the same amount of federal individual income taxes as the bottom 95 percent of tax returns."
http://www.taxfoundation.org/research/show/250.html |
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lsbeasley
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Because it is the rich that are making these tax laws. They get into ideas about "stimulating the economy" and "trickle-down" without actually experiencing the results themselves |
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Christa K
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The only people who would say the wealthy needed tax breaks would be the wealthy. |
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