 IRS question about a letter I rec'd..Please read!!? |
| When I rec'd all my documents from my job to do my taxes (i did the 1040ez), at first I was going to do it online, but decided to do it myself usuing the form and mail it in. I did it early and ... |
|
 In the UK if a debt is sold to another company are you still liable, are you still obliged to pay? |
| A company has purchased a debt from a bank I used to use, am I still liable as I have no agreement with this new company. Would I have to pay the full amount despite the fact that the new company ... |
|
 Council house and work full time?? uk ? |
| if ur registered as a homeless single father/mother of one and are awaiting for a council house, would they no longer give you the house if you found a full time job earning 18k or more a year? (... |
|
 As an independent contractor, what percentage of my earnings should I set aside for taxes? |
Additional Details
This is for part time work on the side. I have a regular part time job, so my earnings will probably be less than $10,000 a year.... |
|
 My mom died, I paid off her debts, can I write it off for taxes? |
| My mom passed away this year, and I spent about $10k in my own money to pay off her credit card debts, etc. since my dad could not afford to. I spent about $9k of it for 3 credit cards, and $1k for ... |
|
 Working tax credits in uk,i was overpaid by £800 in the year 2004,now they say i must pay it back,do i have to |
| do i have tp pay it back i thought the government a few years ago waived all overpayments,as it would cause familys hardship,... |
|
 Anybody who is schedule to get their paper check May 23rd receive it yet?? |
| My husbands last 2 numbers are 10 and we recieved a letter on Monday stating we should receive our stimulus payment by May 23rd, the irs web site says mailed no later than May 23rd has any one with ... |
|
 Stimulus Package Funds:? |
| i would like to know, being that i owe a whole lot of money in taxes to the irs. will i still be eligible to receive the Stimulus Package from the goverment?... |
|
 Would my social security? |
| I was just put on social security and my mom is also on it but revieves x amount based on the household income. If I was to live at my college dorm would it still affect my mom's household ... |
|
 I inherited land from my late Father. However, he didn't pay taxes owes about $30,000. What do I do? |
| My father passed away in 2006. He didn't pay his taxes from 2003 - 2006 and owes and estimated $30,000. I own the land right now and my mother who is still alive is in a nursing home. My mother ... |
|
 Question about taxes? |
| right now i work 60 hours per week and i make 13 dollars per hour. my paycheck is $ 929.50 before taxes and 650.39 after taxes. I am about to get a raise and make 15 per hour. how much taxes will ... |
|
 Why do we owe on our federal taxes? |
| We claim 0, filed jointly as married, have no kids, don't own property. We even had extra deducted off of each check. A friend with similar filing staus gets a $1200 refund. What gives?... |
|
 Is it too late to turn in your 2005 taxes if you don't owe any money? |
| i know i don't owe any money, but i know i will recieve money from my 2005 taxes, is it too late to send them in...or can i still send them in?... |
|
 How much do you pay for a pack of cigarettes in your city? a Carton? |
| I am doing a research paper on the sin tax of cigarettes and would like to compare the prices of cigarettes in my city to those around the U.S./World. So How much do you pay for a Quality Pack of ... |
|
|  |
bullatrock | Why would some states charge no Income Tax ? |
Does it imply they raise taxes on other categories. |
 |
 
Charles G
|
The states get their income from somewhere. Income tax, property tax, sales tax are popular ways. Sometimes an industry (oil, gambling, etc) tax supplies a good portion of the taxes needed. |
|
ninasgramma
 |
States with no personal income tax receive additional tax revenues from real estate taxes, personal property tax, and sales tax.
|
|
Oh Boy!
|
Remember that taxes are a necessary evil.
Many states have made the public policy decision it raise revenue through other means. For example, there are taxes on oil production for oil producing states like Texas and Alaska. There are taxes on gambling revenues for Nevada. |
|
Judy1
 |
State legislatures decide what taxes will be collected in their state. Usually the ones with no income tax make it up somewhere else, usually in other taxes. Some, like Florida (tourism) and Alaska (tourism and oil) get significant income from other sources than their citizens. |
|
Mathew
|
Each state has made a decision on the means by which they will raise income through taxation. The reasoning may well be different for each of the states without income tax. Each of them have some other source of income that covers their revenue needs. |
|
Jim B
|
Texas and Florida have no income tax. In Texas, the state sales and use tax rate is 6.25%, but local taxing jurisdictions (cities, counties, special purpose districts, and transit authorities) may also impose sales and use tax up to 2% for a total maximum combined rate of 8.25%, which is the same as California. Property taxes are somewhat higher than they were in California, but overall, I pay less taxes in Texas than I did in California with it's 11% top bracket for income.
|
|
Your Uncle Dodge!
|
All states will get their tax revenues some way. States like Alaska, Montana, Wyoming, and Texas tax their energy resources. Nevada uses its gambling laws to generate state revenue from casinos. Washington and Florida really sock it to you on sales tax. |
|
rtfm
 |
States that charge no income tax tend to provide lower levels of services to the people who live there. If you're a healthy adult, living in a tax-free state can be great. But if you're young, old, or ill, it's better to live in a state that has taxes.
|
|
Yablecki.Sabres.Fan.
 |
They're taking away income tax because it's stupid. It doesn't imply they're raising it in other categories. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 27 minutes(s) ago
| | | |
9 | 36 minutes(s) ago
| | | |
9 | 57 minutes(s) ago
| | | |
9 | 3 hour(s) ago
| | | |
9 | 4 hour(s) ago
| | | |
9 | 8 hour(s) ago
| | | |
9 | 1 day(s) ago
| | | |
9 | 5 day(s) ago
| | | |
9 | 1 week(s) ago
| | | |
9 | 2 month(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
