Mad Max: What is the difference between taxation and our nation going further into debt? Isn't all forms of government spending actually a form of taxation? If so, doesn't that mean that all presidents since Reagan have increased our taxes? Answers and Views: Answer by OllicopterWhen nobody earns enough to sustain themselves and the taxes … [Read more...] about What is the difference between taxation and our nation going further into debt?
Taxes
How to figure out the Federal Tax in a phone bill?
Minh N: How to figure out the Federal Tax in a phone bill? In a bill from BellSouth, there are many Federal Charges: Federal Universal Service Charge, Federal Exercise Tax, and Federal Tax. Which kind of these taxes is claimed in Income Tax Return 2006? In additions, may a taxpayer claim Federal Tax in a moblie phone bill? Thanks for your … [Read more...] about How to figure out the Federal Tax in a phone bill?
How does taxation differ from common theft?
Joe S: How does taxation differ from common theft? Bias/agenda alert: I think that they are much the same. My intention is to influence people reading this question to critically consider the question and the implications of its answers. I hope that others who already agree with my point of view to express their opinions but also expect and … [Read more...] about How does taxation differ from common theft?
Tax question: I live in Washington State and work in California. Do I need to file California state taxes?
Gidget1974: Tax question: I live in Washington State and work in California. Do I need to file California state taxes? I only work part time as an online educator for a school based in California. I claimed this income on my federal taxes but do I need to file California state taxes? Why? I only work part time as an online educator for a school … [Read more...] about Tax question: I live in Washington State and work in California. Do I need to file California state taxes?
What is the main reason for government taxation and spending?
pengpxiong: What is the main reason for government taxation and spending? What is the main reason for government taxation and spending? Answers and Views: Answer by Sonnyto keep us down Answer by romeloto enslave usAnswer by SusieThe main idea behind taxation is that everyone contributes a portion of their income toward common expenses. … [Read more...] about What is the main reason for government taxation and spending?
How does decreased taxation crowd out investment?
Jean: How does decreased taxation crowd out investment? According to my economics textbook, a decrease in taxation will increase consumption, and in a situation where the factors of production are fixed, this means investment must decrease. However, it doesn't explain how this would logically happen. Why would the interest rate increase when … [Read more...] about How does decreased taxation crowd out investment?
What is the difference between an income tax and a payroll tax?
Pay Roll: What is the difference between an income tax and a payroll tax? What is the difference between an income tax and a payroll tax? A. Income taxes reduce the demand for harmful goods while payroll taxes don't affect this demand. B. Income taxes are collected based on income while payroll taxes are collected based on wealth. C. Income taxes … [Read more...] about What is the difference between an income tax and a payroll tax?