14 results for 'taxes'
As in most years, tax day 2014 falls on April 15. It's important to keep in mind that if you don't file your return in time, you face stiff penalties. Even if you have no way of paying your taxes, you should at least file.
When it comes to paying, you can make use of a number of alternatives. You may even seek an extension or find credit to pay with. The taxpayer education blog at LibertyTax.com has a great deal of accessible information in this area. Here are a few things that you need to keep in mind if you find yourself needing to tap your credit to pay your taxes with.
...for the difference in savings. Am I saying it’s ok for all that stuff to be going on? Heck no. I’m simply saying the energy spent in that area of protest could be better spent elsewhere...like stopping the crime that’s committed every payday!
I can hear it now “...but we need taxes to pay for roads and schools and defense...” I’m talking about the income tax, not all the other taxes that pay for all that stuff. I’m talking about the income tax that’s written as being “voluntary”...but see what happens when you don’t volunteer the money. It gets volunteered... (more)
There has been a chain letter circulating through the internet for years now. It presents itself as an idea from Warren Buffet, but the truth is the only part of it that came from him was a simple quote. Although the contents are not his, the ideas in the letter continue to raise questions, inspire discussion...and motivate people into thinking positive about where we are as a country, and where we want to be. Obviously, something this inspirationally viral and full of ideas simply must be discussed on this site, dedicated to the advent of idea.
“I could end the deficit in 5 minutes.... (more)
...very costly in a post-default environment. Access to traditional sources of credit could be cut off. Even if a deal is made to increase the debt limit, America's foreign creditors are cautioning against simply returning to business as usual. This may leave the government no choice but to boost taxes and cut spending to a far greater degree than Washington lawmakers are currently fussing about. Massive cuts in federal expenditures must necessarily gut the social safety net including Social Security, Medicare, and Medicaid. Poverty and hardship will be inflicted upon innocent people... (more)
...the American people lack sufficient jobs, health care, housing, and retirement security.
Insurance companies exploit our broken health care system to charge exorbitant fees for health insurance and transfer wealth from ordinary Americans to their executives and investors. Subsidies take taxes and put them in the coffers of the oil companies and other corporations. Lax environmental policies deprive people of clean air, clean water, and clean soil and put profits in the accounts of polluters.
Meanwhile, government-haters seem to be everywhere. Congressional Republicans, now... (more)
...that includes both budget cuts and revenue increases. President Obama has scheduled a meeting for Monday with Senate leaders Harry Reid and Mitch McConnell. Meanwhile House Speaker John Boehner warned again that House Republicans will not vote for a debt limit increase that includes higher taxes. August 2nd is the drop dead date by which a deal must be struck. It appears the GOP is planning to play chicken down to the wire, risking what Boehner himself has called “financial disaster.” While the debt limit and the deficit are not identical, Republicans have tied them together... (more)
In my town, people are getting tickets for driving five miles over the speed limit, and paying upwards of three and four hundred dollars per ticket. The other day, I was walking along downtown and a policeman was giving a citation to a man in a very expensive looking car. He had crossed a double yellow solid line to get a parking space. As I was passing by, the radio on the cop's motorcycle was announcing a robbery and battery assault on a woman nearby. The cop was still engaged in writing his ticket without even lifting an eyebrow at what was just broadcast.
As I watched this unfold,... (more)
... the world are innumerable and profound.
If you stop and think about it for a minute, great people that make great contributions that are also profound (I’m talking about the contributions here although I suppose the people are also sometimes profound) should not be obligated to pay more taxes. The sense of personal and national responsibility that made this country great are probably overrated. The sacrifices that our forefathers made to make this country the envy of the world were most likely not necessary.
Join me today in the greatest fight of our lives… the fight to... (more)
...old or a new lender. This will depress values and investors as well.
This brings us to the last part of the wheel – consumer spending. This is the engine that drives a lot of what happens in the country. Our Federal budget is based to a large degree on collection of individual income taxes. If consumers are unemployed or hoarding their money, they will spend less and this ripples through to business which produces less. Likewise, if people are out of work, they don’t pay taxes which impact the Federal and states budgets. I believe that this key factor will follow the behavior... (more)
...goal, generally, is to eliminate as many jobs as you possibly can without crippling the company, so you can make money. Moreover, in my experience, politicians support businesses that support the politicians, with the only job in question the one the politician is after.
2. If you raise taxes, any taxes, businesses will move or downsize or close down and you, the taxing jurisdiction, will lose jobs.
I've been in a lot of business meetings, conducted many of them, about startups, moving, downsizing, expanding and shutting down. I cannot remember a single instance in which... (more)
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