![]() |
|
| *The Commerce Journal>>>Other Taxes |
Taxes? What is the point? |
What EXACTLY is the point of taxes? And how old do you start paying them or what exactly? The day you are born if you meet the filing requirement. well when you get a job and under 18 you can file..if you are working and are over 18 you have to Taxes is the money government uses to fund everything from roads, cities, police, fire fighters, army, navy, air force, homeland security, public places, public transportation and others. It's also use for the politicians to live lavish lives at your expense. And you start paying taxes as soon as you start making money on US soil, buy a house or win money. Being under or over 18 doesn't matter for taxes, it's how much money you make for the year that says whether you have to file. You can be one year old, and if your income is high enough, you have to file. You pay taxes because you are bound by the law to do so. Taxes support the government which is supposed to keep us from becoming barbarians. What's the point? It takes money to run the government, or haven't you figured that out? |
| Tags |
| Boston Austin Atlanta Other - Business & Finance Other Taxes United States Taxes United Kingdom Taxes Spain Taxes Singapore Taxes Mexico Taxes Ireland Taxes |
| Related information |
Are you planning on permanently relocating abroad in order to pay a lower rate of tax? There are far more complexities than just how much tax you are paying on savings (unless you are not planning... yes you should report this on a schedule D. Since you say that those profits were shown on her W-2, you will report on schedule D as an even or negative gain (depending on your actual basis). If ... Well D are correct. Better say a * 1.06 Will be her new allowance. (a times 1.06) Example, 5 before 5.30 after If she is only making a dollar, one dollar, then B will be correct a... Hi Zarina..............EVA is actually Economic Value Added and FCF is Free Cash Flow Well, Economic Value Added or EVA is an estimate of true economic profit after making corrective adjustmen... ... No, there's no such refund. If someone told you they are and asked for your bank account info, sounds like they are trying to scam you. A number of years ago, when the child tax credit was... A high marginal tax rate means that for every additional dollar you earn, the government will tax it at a higher rate than your "lower" income. For example, your first $25,000 is taxed a... Auditors don't treat it as anything other than what it is. The accountant might have a view on it though! ... |
Commerce Categories--Copyright/IP Policy--Contact Webmaster |