Who Doesn't pay any Income Tax

[warmfuzzies]

What about the Child Tax Credit. You can get it if your kids go to daycare, but if you have only one income and someone stays home with the kids, you cant. So you could say they are paying you to send your kids to state- funded daycares....
And us homeschoolers (And private schoolers) pay you to send your kids to school, but we still have to buy all of our own kids' education on top of it.

We dont really want taxes to be perfectly equal do we? The only way for that to work would be we give them all our money and they give us what they think we need.

I guess I would rather make enough money to not qualify. Not everyone who gets Tax refunds or food stamps or welfare are sitting around on their bums all day long waiting for the next check.

The hardest workers I know get paid the least. Farm workers, irrigators, factory welders, moms.

 

[rufus]

People say they pay taxes, but at the end of the year they get refunds, so they really only pay the difference between what they paid in and the refund they received.

So if you received everything back and received an earned income payment, you paid no taxes.

Unfortunately, the rich now live in China and the middle east. They are beyond our taxing authority.

The income tax has to go. We need to return to tariffs to support out government. Everything is made in China now, let them pay taxes for dumping in our market.

The tariff was the major income producer for our government before the income tax was implimented, we need to return to it.

Free trade is a lot of hooey if other countries don't buy anything from us. Maybe with tariff protection we can revive our industrial base and employ our own people.

Free trade is just another liberal lie!

Rufus

 

[warmfuzzies]

Quote:
I've never felt that people should be rewarded for putting an additional burden on our natural rescources by having children. In fact I feel that families who choose to have more than two should be penalized instead. How much money do you think a guy who is old enough to get SS be allowed to make without paying taxes. There is no way I could ever actually live on my SS check.

I have never figured out why children are a 'burden'. They should be considered our greatest natural resource. Bright new minds are more important to our planet's future then any forest could be.
I would have had my children regardless of the government 'rewarding' it. Or allowing it for that matter.

That is rediculous to imply that people have children to get paid.

The right to reproduce oneself is a basic right like eating. I think they should penalize people who are overweight because they are 'putting a burden on our natural resources..' JK but same idea.

 

[luvmychicknkids]

My hubby pays his own salary.....well part of it anyway. LOL He is active duty military. We pay quite a bit through the year so we don't get slammed at tax time. This year we got a small federal refund but had to pay in on state. That was mainly becasue he worked a second job just so we could survive.

I don't complain about us paying taxes. Here is what I DO complain about. I know a woman who is single. She works the absolute minimum so she is allowed to get food stamps and housing assistance. This also puts her income at the right level to get earned income credit. This is a 38 y/o woman with no children (unless you count her cat, she seems to think it is the same thing) who gets a refund of a little under $2,000 every year. A REFUND from OUR taxes because she sure as h*ll didn't pay it in. That burns my rear!!!!

 

[HennysMom]

Child tax credit you get if you have kids under the age of 16, period. They do not have to be in any type of day care or anything.... the only rule is you lose that $1,000.00 tax credit per child once the child is in their 16th year and going on 17.

Case in point: our daughters bday is in December, so when she was 16 in Dec 1997, that was the last year we could get the credit as come 1 Jan 1998, she would be turning 17 that year, = no more credit.

 

[Rhett&SarahsMom]

Quote:
This is what I mean. How do you do it? Actually I'm not against paying taxes. It's a privilege to live in this country and everyone should have to contribute something if only a few dollars. Getting a refund check from the government without contributing one dime toward the support of same, should have everyone who does pay income tax up in arms.

Well, I am sure we dont get every penny back.
We do not qualify for the EIC. We have one child. And one income, again. We own our house, well we rent it from the mortgage company.

We do make donations to several charitable organizations during the year and do take that as a write off as well.

We also live in Massachusetts and pay high taxes just because we live here. We pay an excise tax on the one vehicle we have. We pay property taxes.
We pay a gas tax that is going to be the highest in the nation shortly.
We pay a tax on goods. We pay a sales tax on vehicles bought.
We pay a couple of "taxes" on our utilities(dont get me going on that)
It isnt like we are skating on everyone else.

We do not qualify for ANY state, local or federal assistance.
If we had had another child we would.

A friend of mine not only gets every penny back that she and her dh bring in. But she also lives in section 8 housing, in a brand new house, in a very nice neighborhood and town close to Boston.
Oh and she got a boob job with their tax refund last year. Since her boobs were non existent after having 4 kids. Her self esteem was hurting. IMHO those are the ones getting a free ride, and in this case a boob job on the rest of us. Whether we get a refund or not

 

[geareduplyn]

Quote:
My rear is also scorched!!!

 

[patyrdz]

We paid taxes all year and I got laid off in August, I still have to pay an ungodly amount in this year! I was not expecting that!! What to do?! Killing me just thinking about it.

Forgot to mention that I can not find a job!!!! Unless I want to drive over an hour each way. My car would be dead in a month!

 

[geareduplyn]

Quote:
In your case I think the Rangel Rule should apply.

 

[granmahen]

Quote:
Well, you got part of it right - you pay taxes on SS if its over half of your yearly amount given by SS or $12,000.00 I believe it says on the tax form and if you have any other income coming in, be it your own or someone elses (SO, wife, etc). There is a certain amount it comes out to, the form says enter the lesser amount of either line 1 (your yearly amount) or 32K...it usually ends up being the first line, then mulitply that by .85 and thats what you have to pay taxes on if you hit that bracket once you do the worksheet. We have to pay taxes on 85% of my SS due to DH's income, and it sucks...I dont have it taken out during the year because I dont get that much, but due to DH's income, we end up having to pay taxes on nearly all of my benefits, and 85% is the max.

Oh my goodness, my eyes just glazed over.