Welcome to Our Community

Wanting to join the rest of our members? Feel free to sign up today.

Taxes

Discussion in 'The Lounge' started by [DT], Mar 3, 2008.

  1. [DT]

    [DT] Gearhead Surf Coder

    Joined:
    Aug 30, 2007
    Messages:
    1,314
    Likes Received:
    28
    Location:
    Vilano Beach, FL
    Discuss. I'll start.

    F' Me.

    Ouch :lol:

    The BIL is a CPA which is super nice - I just get a package with green tabs that indicate "Sign Here" and "Initial Here" which I do with reckless abandonment. :D

    Having to pay is a strange duality - it shows good positive cashflow (obviously huge fiscal plus), but doesn't make writing that check any easier (especially when you reflect on the amount of stuff it could purchase).

    Anyway, figure this would be a fun place for payers to hold hands and weep, or for the kids who are getting money back to rejoice, etc.


    .
     
    #1 [DT], Mar 3, 2008
    Last edited: Mar 3, 2008
  2. Byuakuya

    Byuakuya Bleach & Heroes fan.

    Joined:
    Jan 14, 2007
    Messages:
    6,251
    Likes Received:
    78
    Location:
    Soul Society
    Taxes- How I despise that word. :lol:
    Seriously, 17.5% in the UK is the highest percentage that I have ever come across. That is £17.50 taken away for every £100 that we earn.
    I guess we will just have to learn to live with it. :lol:
     
  3. Celeste

    Celeste WiiChat Member

    Joined:
    Jun 21, 2007
    Messages:
    1,195
    Likes Received:
    27
    Wii Friend Code: 2937-4259-9208-4198
    2937-4259-9208-4198
    Norway's 25% beats that. It's brutal, but they earn SOOO much more money there. How I love that country.

    Here in Canada, I'm not really all that sure about taxes taken away on my paycheck. I just know it's thankfully not a lot, but I think that's definitely because I don't make much money at all. Some of it is taxes, and some goes into a Canada Pension Plan for me.
    I know sales tax is 13%. It's soooo annoying. But it's slowly declining, it was 15% under our last administration.
     
  4. FRuMMaGe

    FRuMMaGe Waluigi's #1 Fan!

    Joined:
    Dec 18, 2006
    Messages:
    2,962
    Likes Received:
    71
    Location:
    England
    Wii Friend Code: 2482-6460-3144-9934
    2482-6460-3144-9934
    Pay your Waluigi tax or you will receive a severe frummaging.
     
  5. Fox

    Fox Super Mοderator
    Staff Member

    Joined:
    Jan 11, 2007
    Messages:
    4,977
    Likes Received:
    52
    Location:
    Net Slum
    Wii Friend Code: 2625-5585-1810-7837
    2625-5585-1810-7837
    I dont make much. Topeka is flooded with people and blah blahs but short on jobs. 5 police agencies though...:wtf:
    Unless you want to be a cop or politician (or start your own job), you're not getting a worthwile job that will pay you more than bare minimum (if that) so I barely make due.
    Not much back in taxes either.
     
  6. mushroomedmario

    mushroomedmario ssb4life

    Joined:
    May 5, 2007
    Messages:
    3,828
    Likes Received:
    39
    Location:
    Waterloo, ontario, canada
    Wii Friend Code: 5701-4561-7633-7008
    5701-4561-7633-7008
    i watched a video(zeitgeist) two days ago, and it says there is no law (in u.s.) that actually requires you to do your taxes......
     
  7. [DT]

    [DT] Gearhead Surf Coder

    Joined:
    Aug 30, 2007
    Messages:
    1,314
    Likes Received:
    28
    Location:
    Vilano Beach, FL
    That video (and their interpretation of several laws and amendments) is painfully wrong. It circulated on another forum, where several of the members who are tax attorneys (and one fellow with a JD who specialized in Constitutional Law) got a *HUGE* laugh out of it.

    FWIW, a huge component of the "no tax" argument comes from an attempt to claim the 16th amendment was never ratified (which, FYI, was thrown out by the supreme court). The 16th Amendment clearly reads:

    "The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration"


    .
     
    #7 [DT], Mar 3, 2008
    Last edited: Mar 3, 2008
  8. mushroomedmario

    mushroomedmario ssb4life

    Joined:
    May 5, 2007
    Messages:
    3,828
    Likes Received:
    39
    Location:
    Waterloo, ontario, canada
    Wii Friend Code: 5701-4561-7633-7008
    5701-4561-7633-7008
    sweet, thanks for clearing that up, yeah i've found a couple of other bad things about the video too, but my friends praise it lol
     
  9. [DT]

    [DT] Gearhead Surf Coder

    Joined:
    Aug 30, 2007
    Messages:
    1,314
    Likes Received:
    28
    Location:
    Vilano Beach, FL
    Oh heck, I think everything is worth watching! I watched it too, then did a little independent research on some specific topics I felt were erroneous.

    It's actually a pretty interesting topic - some people would say that taxing wages is in effect involuntary servitude (violation of the 13th), and by being required to file a return violates the 5th (self incrimination), however those have been overturned in most attempts to use them to dodge paying.
     
  10. JAKE196

    JAKE196 Cogito Ergo Sum

    Joined:
    Sep 21, 2007
    Messages:
    1,720
    Likes Received:
    15
    Location:
    Williamsburg, VA (U.S.A.)
    For some reason I read the title as 'Texas' and then i started reading your post and I was liek :wtf:

    . . . . .

    true story.
     
  11. [DT]

    [DT] Gearhead Surf Coder

    Joined:
    Aug 30, 2007
    Messages:
    1,314
    Likes Received:
    28
    Location:
    Vilano Beach, FL
    That puts a whole different spin on this thread :lol:

    ...and since we choose to pay our taxes for the homestead on our own, those are due right now too! This month is racking up some serious expense :crazy:
     
  12. Bliss

    Bliss WiiChat Member

    Joined:
    Aug 28, 2007
    Messages:
    1,525
    Likes Received:
    31
    Wii Friend Code: 0000-0000-0000-0000
    0000-0000-0000-0000
    Oh do i hate this time of year, but love it to.

    Hate it cuz i feel like i dont sleep and i am FOREVER in this office. And everything is on a freakin deadline.
    Love it cuz i make a lot more money overtime.
     
  13. Brawny

    Brawny Anglophobiphile

    Joined:
    Dec 15, 2006
    Messages:
    6,522
    Likes Received:
    129
    Location:
    Ann Arbor, MI, USA
    Wii Friend Code: 5385-4035-7079-0395
    5385-4035-7079-0395
    Not required to file this year. ;)
     
  14. Frogger

    Frogger God Complex

    Joined:
    Feb 16, 2007
    Messages:
    3,757
    Likes Received:
    51
    Location:
    Liverpool, UK
    Wii Friend Code: 9156-1265-6763-2556
    9156-1265-6763-2556
    Being poor in Britain. :thumbsup:
     
  15. Gaz

    Gaz Poker Face :D

    Joined:
    Dec 29, 2006
    Messages:
    887
    Likes Received:
    13
    Location:
    London / Plymouth
    Wii Friend Code: 2042-8451-0487-7303
    2042-8451-0487-7303
    haha...
    that 17.5% tax is VAT not tax slapped on your wages...
    so for most things you buy from england, the government get 17.5% of the price.

    Tax slapped on your income depends on how much you earn. my dad gets quite a bit, and thus the government charge him about 43% of his wages.
     
  16. [DT]

    [DT] Gearhead Surf Coder

    Joined:
    Aug 30, 2007
    Messages:
    1,314
    Likes Received:
    28
    Location:
    Vilano Beach, FL
    Yeah, VAT, Value Added - really what's the extra value? :lol: Is there an exclusion of the VAT on food products and services?

    I'm all for a _flat_ tax - no scaling or ratios based on income, just everyone pay X% - period.
     
  17. Brawny

    Brawny Anglophobiphile

    Joined:
    Dec 15, 2006
    Messages:
    6,522
    Likes Received:
    129
    Location:
    Ann Arbor, MI, USA
    Wii Friend Code: 5385-4035-7079-0395
    5385-4035-7079-0395
    Because you're on the high side of that. ;)

    I agree with graduated income tax, but I believe the intervals should be smaller so that going up a bracket will not reduce overall income.
     
  18. valiance

    valiance WiiChat Member

    Joined:
    Mar 4, 2008
    Messages:
    6
    Likes Received:
    0
    Ouch. Here we get 19.5% income tax at the lowest and 33% being the highest. I hate taxes, but they serve a good purpose.
     
  19. Byuakuya

    Byuakuya Bleach & Heroes fan.

    Joined:
    Jan 14, 2007
    Messages:
    6,251
    Likes Received:
    78
    Location:
    Soul Society
    My mistake. Thanks for pointing that out. :)
     

Share This Page