Sarika: Is taxation the way to defeat capitalism and free enterprise ? Lenin wrote that "Taxation with its offspring inflation, is the vital weapon to displace the system of free enterprise." Answers and Views: Answer by buffaloI would agree with Lenin.You can't keep raising without raising prices which causes inflation.Corporations have … [Read more...] about Is taxation the way to defeat capitalism and free enterprise ?
Taxes
What screen in turbo tax do I enter my tax credit adjustment amount?
Renee S: What screen in turbo tax do I enter my tax credit adjustment amount? Turbo Tax and the Certificate for Income Adjustment I am itemizing and I have a Certificate for Income Tax Adjustment from Department of Defense for my overpayment of a debt to the federal govt. What screen in turbo tax do I enter my adjustment amount? It is over $ … [Read more...] about What screen in turbo tax do I enter my tax credit adjustment amount?
tax……………………………………………………………………………………………..
MoOnliGhtSeductress: tax........................................................................................................... did u guys know that the tax that we pay most of the time doesn't benefit US?? there governtment shouldn't be taking alot of other's people's moeny for other people's stupid social problems. social problems are … [Read more...] about tax……………………………………………………………………………………………..
Is a loan from a relative to purchase property tax deductable?
Michael S: Is a loan from a relative to purchase property tax deductable? I am about to ask a relative for a loan to purchase a land parcel for a future home site. I am going to pay back the loan plus interest just as if it were from a financial institution. Is the interest tax deductible? What paperwork would we have to draw up? What forms would … [Read more...] about Is a loan from a relative to purchase property tax deductable?
What is the ratio of tax free interest to taxed interest?
bett: What is the ratio of tax free interest to taxed interest? Example: 6% tax free interest is the same as what % taxed interest if you are in the 28% federal tax bracket? Answers and Views: Answer by kimby0042Approximately 8 1/3% would be the rate you would have to earn on a taxed investment to equal the 6% of non-taxed interest if you … [Read more...] about What is the ratio of tax free interest to taxed interest?
How much are you taxed on money gifts?
questionable: How much are you taxed on money gifts? How much are you taxed on when you recieve money gifts (5 to 6 figures)? Is there a $ limit you can recieve as a gift? What if the gift giver is from oversea's..is it up to his own tax laws? Is there any other specifications when recieiving money gifts from another country? Answers and … [Read more...] about How much are you taxed on money gifts?
If taxation begins in 10 days, why is it 4 years until the benefits start?
: If taxation begins in 10 days, why is it 4 years until the benefits start? Don't tell me the government is waiting until they have built a reserve to pay for everything, because they've financed everything we own until now. So if the taxes kick in 1/1/2010, why don't the benefits start until 2014? Hell, we went to war with the world TWICE on … [Read more...] about If taxation begins in 10 days, why is it 4 years until the benefits start?