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 Is this true?
Someone told me that those (famous) people who donate money to charity do it (mainly) because by donating a certain amount of the money they make precludes them of having to pay as much income taxes. ...


 What happens to all the money collected by the IRS?
Please explain where the money goes after the IRS takes our tax money, interest, fees, etc. I'm really curious....


 I e-filed my taxes using TurboTax.?
I need to print the form I need to sign and mail to get my state and federal return (Form 8543-OL), but my computer doesn't have a printer. I want to save the forms to my thumb drive and print ...


 Did you receive your stimulus check yet?
It's June 3rd, and my last 2 are 18.. Haven't received my check, has anyone else?...


 Turbo tax question..im married but my wife did not work in the whole year of 2007?
my wife did not work for the whole year in 2007. I dont know if I should file married joint? or married filing separate? can anyone help me asap. ...


 How can I get acoppy of my taxs return for 2005?
...


 Social number on W-2 is wrong Only last 4 are correct?

Additional Details
Can I still use it. I going to go to H&R block to file is this going to be a problem. My name and address are correct on W-2....


 Do couples with large families get deductions for all of their children on their taxes?
...


 How Could The Government Possibly Raise Taxes For Only The Wealthy? Stupid Question, But I Don't Get It?
The news has gone on & on, here & there, about how Obama will raise taxes for the millionaires.

Call me stupid, I don't know too much about this subject, but aren't we ...


 Would you be willing too pay more taxes, so animals would have health care...?
...


 What document can I send the IRS to prove that I paid for all the bills at my mother's residence?
I had two dependents (mother and my nephew) that I claimed, and my filing status was "Head of Household" for the tax year of '05. My return has been examined, and the IRS is stating ...


 Can i really donate a car and get a tax refund?
i found one site that will give me blue book for my car....

is it to good to be true?... autogiver....


 If a business goes bankrupt does it still have to pay the IRS for taxes due?
Can you get out of paying the IRS if you file bankruptsy on your Corperation....


 Tax deductions for stolen motorcycle?
During September of last year, my motorcycle got stolen from the basement of my apartment building in California. Total estimated loss is around $6,000. Is there a way to claim the entire or at least ...


 Who actually pays taxes?
Who pays taxes in most states, out of whites, blacks, and hispanics?

The Census won't tell me what I need to know..

Where can I find this information?...


 My mom writes me personal checks for 750 every 2 weeks for working for her do I have to report this to the IRS

Additional Details
She didnt put it on a 1099. Someone said they could track the money since it was paid by ...


 Didn't pay estimated taxes for 2007 for independent contractor work. Am I going to get fined?
I worked as a freelance video editor during 2007. I made about $12,000 during the year. Most of it during the months of September and August and November and December. Thanks to a lot of business ...


 Will my boyfriend get in trouble for not filing taxes for 2007?
he worked at demos while going to college in 2007. For a little while. Demos closed down and he never got his W2's and doesn't know anything about taxes. Therefore he didn't file any ...


 Is the h&r block card considered direct deposit for the stimulant refund?
irs stimulant ...


 Who's cheaper? h&r block or jackson hewitt for the holiday loan?
need holiday money, but don't know which one to ...



happinezz
Y is the American Economy going from bad to worse, what r the reasons, and when will it sart picking up again?
                     
 




sjoschko
The American economy is NOT going from bad to worse, it's actually right around where it always is.

There's a very good blog entitled "Back Talk: Americans hate their fabulous economy" The link is below, here is an excerpt that answers your question.

"Growth of the Gross Domestic Product (GDP) is, perhaps, the most basic measure of the health of any economy. A growth of 1% is often described as anemic, 2% is so so, 3% is good and 4% is excellent. Let's take a look at that measure during the Clinton and Bush eras (I got these numbers here):

(editor's note: There's a graph in the article here, you can see it on the website, showing 2004 and 2006 around 4% growth, 2005 at 3.25%, 2003 at 2.5%, 2002 at 1.5% and 2001 at .75%)

Give the man credit: GDP growth was very good under Bill Clinton (averaging 3.7%). It took a hit during the early years of the Bush administration, but it has snapped back smartly since, right back to where it was during the Clinton years (the 2006 value is an average of the first 2 quarters of the year). Why did things go south for a while? First, the stock market bubble popped. The Nasdaq's long slide (i.e., the dot-com crash) began in March of 2000 and continued until October of 2002. That sucked a lot of life out of the economy. Second, September 11, 2001 happened. In light of those two unforeseen calamities, it's amazing how well the economy has been doing in 2004, 2005 and so far in 2006. Whether or not Bush's policies are responsible for the impressive recovery is a matter of debate, but it is clear that, at a minimum, his policies have not choked off economic growth. Give that man credit, too. Except no one does. Despite the fact that GDP growth is right back to where it was during the Clinton era, Americans don't feel the same way about the economy, to say the least."


Mantra
Rating
with them doing so much of bullying around the world..no doubt


?
Rating
War! and the need to dominate in a nutshell.


netnew
That is true ! I think americans are not smart enough to have strong economy !


sarayu
Rating
It is an outsiders view. Lot of wasteful expenditure is being done and these are borne by the people and business houses in America resulting in reduction in money circulation for development activities.
VR


Babi
Actually, U. S. economy growth was pretty good thanks to the Republican tax cut on investors.

The problem is that the standard of living doesn't improve. On the contrary, it gets worse. Salaries don't rise, the minimum wage hasn't been increased for 10 years or so, and even some benefits are taken away.

A main reason is the import of cheap Asian products, and U. S. factories can't compete with China in prices.


Fermat
Rating
It is cyclical. The natural order of the economy is to expand and contract. It is also affected by the monetary policy of whatever administration is in charge. How much money is pushed into or pulled out of the economy will influence what happens. Each person views these changes in a different light. Personally, I think the economy is hanging in there. Others say recession.

Don’t listen to talk about how our country is ruining things by being on a war footing. It is part of the picture, but not a very large part.


patrickmcc55
You are sadly mistaken. The US economy is growing, and has been growing at a healthy pace the past 3 years. The GDP growth,(which is how Economists rate the health of a nation's economy) over the past 6 years has been greater than any other industrialized country. The US produces 28% of the world's goods and services ( more in one week than China and India do in an entire year). 36% of the worlds entire wealth is controlled by Americans.


Corky
Rating
Just part of a cycle.


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