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 Will I receive my Stimulus check?
Has anyone that owes back child support receieved their Stimulus check? I owe my ex back child support. I got my letter on Thursday saying my check would be here tomorrow. And I havent received ...


 Stimulis check interception?
I wrote a while ago and asked if my ex, who is behind of child support, would have his stimulis check intercepted like his income tax was. All of the answers that I got were yes. My good friend is ...


 How many people have already "spent" their stimulus rebate check?
Have you already went out and bought something because you are counting on this check to pay for it?...


 What do you do if you recieve a 1099 form after filing your taxes?
...


 If I own a business can I use both mileage and vehicle costs? ( gas repairs, etc?
Can you use both mileage and repairs when you own a business and the vehicle is owned by the business?...


 Hi! Somebody told me that money that i send to a poor country may return in taxes.True or not?
should i believe in this?...


 How should I do my taxes?
I just moved back in with my parents in June, I was a newly single mom, my son't father left me. I don't pay rent or anything but I pay for everything me or my son needs. I even buy our ...


 Yes or No? A 15% flat tax for all? easy points..?
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 What are the advantages and disadvantages of having a flat tax?
It seems like a good idea to me, but as an economic centrist, I prefer to weigh all the options before deciding what I like.
Additional Details
That was TAX, not CAR....


 How can I find out how much taxes I will owe if I withdraw from my IRA of $70,000?

Additional Details
I am 68, with low income which is less than $17,000 per year. No state taxes....


 Will I get that I.R.S. refund even though I'm paying them in monthly installments for back taxes? I filed.
...


 My husband is self-employed and "hires" a few guys to help him but he doesnt take taxes out of their checks.?
They get a 1099 at the end of the year. Is there any paperwork or anything they need to fill out to claim responsibility for their own taxes? Or is the 1099 enough?...


 Can two people who live with the same child claim that child?
My boyfriend and I live together, but we aren't married, our daughter lives with us. Can we both claim her since the person who she lives with 50 percent could claim her? Since she spends all ...


 What is the penalty for over withdrawl on an IRA?
I'm retired and rolled over my 401K to an IRA, but I've had to take out over $100,000 in a year. What will be my penalty?...


 Hom much is petrol in the area of the uk you live in??

Additional Details
It's £1.009 a litre,at Welwyn Garden City Today!...


 How can i claim my milage to and from work on my income tax?
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 Who gets to claim the child as a tax deduction? The parent who has custody or the parent who pays support?
...


 Do i need to pay tax if i am selling used items on eBay?
I am In the UK England And am selling 10-20 things a ...


 My son is 19 and lives at home. last year he made less than $5,000.00. does he file his own tax return.?
...


 What do I need to do if I still need to file last years return, as well as this years return?
...



King TootinCommonSense
Would Americans be willing to pay a high gas tax instead of Income Tax?
A high gas tax would be an incentive to conserve gas and oil. THis would help kick our dangerous oil addiction and total dependence on very unstable and nations that hate us. So would you welcome a federal gas tax of $2 a gallon if in turn income taxes were reduced by an equivalent fiscal amount? After all, high income taxes just discourage entreprenership and business incentive.
                     
 




It's Me
It would bankrupt the country because so many people have purchased homes - many interest only as well - with the promise of being able to write that interest off. If we went to a tax on goods instead of income tax, people would be foreclosed on left and right, and noone would be able to pay for goods and services.

And curious' link to fairtax.org is a bunch of crap. It leaves out a LOT of information, including that the rich would keep buying American goods. They would buy boats overseas and just ship the stuff over here themselves, tax-free. Congress has never and WILL NEVER do anything for anyone other than THEMSELVES.


J
Rating
No, poorer people would rebel because they spend more money on gas than they do income tax. You feel me.


Bud's Girl
Well, it's probably not the answer you were looking for, but...I believe that people who gross under a certain set amount shouldn't have to pay taxes at all. Aren't there other countries who do it that way? It sounds completely reasonable to me.


Linda C
no,the majority wouldn't


curious_One
keep in mind that those economics degrees you get out of cracker jack boxes really aren't real.

www.fairtax.org


Judy1
No, most probably would not. And a tax like this would hit the low-income people harder than the rich - most low income, and many low-middle income people don't pay income taxes under current rules, and would get hit with this.


SuzeY
I'm with "Bud's Girl" on this. It seems like our tax system is set up upside down. For instance, why is it that a CEO making $150 million a year stops paying into social security at $97,300 a year while the poor people who really need every dime of their paychecks will never exceed the social security threshold? So, as another poster mentioned, a high gas tax would certainly slow consumption, but the individuals who would be the hardest hit are the poor. The rich folk in my neighborhood are still buying Hummers and Escalades, regardless of gas prices.

Nice theory of supply and demand, but there's much more to economics than graphs.


AdamBeaz
Rating
screw taxes!

Why doesnt the govt just print our own money so they dont have to use our tax money to pay down interest on bonds from the Federal Reserve to print our money.


somebody super cool
Rating
no way... my family owns a bunch of gas stations in socal. if we tried to conserve gas and oil, my dad wouldn't be able to pay for my education.


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