Except for estimated. You have to pay them 100% of what your previous years estimated was, or come in right on the money or you pay a penalty. I knew I would have less income this year, but I still had to overpay estimated out the azz.
Half of Americans pay NO income tax
- Thread starter skydivr
- Start date
Except for estimated. You have to pay them 100% of what your previous years estimated was, or come in right on the money or you pay a penalty. I knew I would have less income this year, but I still had to overpay estimated out the azz.
The link is working for me.
You wife has, until now, been counted in with YOUR taxes if you filed jointly. Why would you not file jointly, you get a larger standard deduction....
No, I just meant the excess. Unless he's already claming everyone on his w-4, but it sounds like he's not.
Well we NOW know why we're considering a Federal VAT Tax ! Ya can't pay for all these freebies with only 53% paying taxes
I support the VAT.....if it replaces the IRS. (Fat Chance) VAT by it's very nature is not a bad thing, but it is most assuredly a more fair way to tax people and businesses in a way that penalizes you for only what you spend. If you buy a yacht, guess what, you're going to pay more VAT than 100 poor people. It's social justic, just not the kind that Obama has in mind.
Last edited:
H2447INTX
Registered
yea like what ? i claim married and 1 so i know they take enough out so i dont have to pay in!
You can also have your payroll clerk take out a flat rate .
I worked in Lincoln Mercury formany yrs and always had the girls take out a flat 20%.
Look at last yrs income compared to % of tax paid and have clerk take out a bit more this yr.
You'll break even not owe and not get any back .
Problem is that they're NOT planning on cutting ANY EXISTING TAXES. Just add a VAT tax on top of everything else. Ya know, Ya got to pay for all this TRILLION DOLLAR Debt (and climbing) some how. I just think 50% of Americans have NO IDEA how much a Trillion Dollars is. They just think it's FREE MONEY ! And that's a sad fact of our Education Systems.
we file jointly but shes a non earner. so no taxes paid...... cant pay taxes if you dont earn anything
Oh, I know that, I was just hypothesizing that VAT's aren't bad by themselves. They are the shining example of a flat tax that we all yearn for. Only problem is that it's going to be lumped on top of everything else as you said.
Married plus 2, or married plus 2 minus X $$$. A few minutes with a tax chart and you could figure out what would be the best decudction to end up paying $0 at the end of the year.
Last edited:
RedBull
Registered
We file jointly
but she is a
non earner .
So no taxes paid . . .
Can not pay taxes
if you do not earn
anything . . .
#GotMyStateTaxesBack ~ #WaitingOnFederalNow *
Last edited:
RedBull
Registered
TallTom
Registered
For the 2nd year in a row.
ali123
Banned
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH... sittin on dubs. aka sittin-sidewayz aka BALLIN on a budget.
TallTom
Registered
Sales tax is not the same as income tax. They made $100B in income as a company.
I pay sales tax on what I buy. I pay income tax on what I make.
I have had to pay corporate taxes for every company I have ever had.
Dougyp333
Registered
Yes you had to pay taxes for every company you have ever had and that cost got passed on to the customer, so the consumer actually paid the taxes. That's why the real tax rate is so much higher than most people think. The majority of taxes are hidden. If they weren't people would clamor for .gov spending reform.
ali123
Banned
no... we are mad because most are struggling to make ends meet and we cant figure a way to screw the government ourselves.
