From Wikipedia, the free encyclopedia
.^ The nature of the fellowship is such that we are neither employed by NRC, nor by the lab we work in, yet we are not required to pay self-employment taxes.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ For instance, you don't pay state and local taxes on U.S. Treasuries--just the federal tab.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ The money that goes into an escrow account is used to pay for expenses such as real estate taxes, property taxes, and homeowners insurance.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
Taxes are also imposed by many
subnational entities.
.^ You won't owe anything on the contribution since you've already paid the tax tab on that money.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ An additional benefit is that you can always withdraw the contributions without penalty or tax if you need the money.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ It often pays to sell before the distribution if you qualify for the 15% federal capital gains tax rate--but not always.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
.^ Also, who decides, upon my parents' deaths, the value of the property in order to calculate the amount of inheritance tax?- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
[1] .^ Reduction in customs and excise duties .- TAXATION IN INDIA 24 January 2010 18:29 UTC siadipp.nic.in [Source type: FILTERED WITH BAYES]
^ A tax is a payment, exacted by authority, from part of the community, for the benefit of the whole.- Taxation No Tyranny - Samuel Johnson 24 January 2010 18:29 UTC www.samueljohnson.com [Source type: Original source]
^ Value added tax and Customs duties .- taxation.ch: Swiss Taxation Taxes in Switzerland Swiss Taxes 24 January 2010 18:29 UTC www.taxation.ch [Source type: FILTERED WITH BAYES]
[1].^ By the way, in most cases it does not make sense to Roth if you have to use your retirement savings money to pay the tax levy.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ Uncle Sam levies income taxes on the inflation-adjusted gains before you get any of the inflation-adjusted money at maturity.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ When you withdraw money from your 401(k) and traditional IRA it will be taxed at your ordinary income rate.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
.^ Governments raise tax to finance their expenditure.- Activities of the European Union - Taxation 24 January 2010 18:29 UTC europa.eu [Source type: Original source]
^ Taxation is as much a political issue as an economic issue.- Taxation in the United States - Encyclopedia of Earth 24 January 2010 18:29 UTC www.eoearth.org [Source type: FILTERED WITH BAYES]
^ For governments, the tax system is a method of raising revenues.- The Tax System of the United States 16 September 2009 8:20 UTC revolution.allbest.ru [Source type: Original source]
.^ Question: Is it better to owe the federal/state government tax, or receive a refund?- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ In light of the government's obligations that you mention, such as national defense, Social Security, health care, and the budget deficit it's likely that taxes will go up.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ You don't want to get into trouble with Uncle Sam and the Internal Revenue Service.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
.^ Yes, you'll have to fork over capital gains tax and income taxes, but you won't have to pay Uncle Sam the 10% penalty imposed on early withdrawals from retirement savings plans like IRAs or 401(k)s.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
Purposes and effects
.^ Use tax is imposed on goods and certain services purchased out of state and brought into South Carolina or on which no sales tax has been paid.- Sales and Use Tax 10 January 2010 6:35 UTC www.sctax.org [Source type: News]
^ With regards to taxpayers who become defaulters, the taxation department first issues a warning notification, after which several sanctions can be carried out as found suited.- The Entrepreneur - Cameroon's Premier Economic & Business Journal: Cameroon Tax System Experiencing Reforms 16 September 2009 8:20 UTC www.entrepreneurnewsonline.com [Source type: General]
^ Taxation is the process whereby charges are imposed on individuals or property by a state or a functional equivalent of a state to raise funds for public purposes.- Taxation and Tax - Guide to Taxation and Taxes Law 24 January 2010 18:29 UTC www.hg.org [Source type: FILTERED WITH BAYES]
Some of these include expenditures on war, the enforcement of
law and
public order, protection of
property, economic infrastructure (
roads,
legal tender, enforcement of contracts, etc.),
public works,
.^ "Government" is a social-political institution which itself uses Land, Labor and Capital.
Governments also use taxes to fund
welfare and
public services. These services can include
education systems,
health care systems,
pensions for the elderly,
unemployment benefits, and
public transportation.
Energy,
water and
waste management systems are also common
public utilities.
.^ Taxes are also used to tune the economy.- Regressive, Progressive taxes/taxation explained. 16 September 2009 8:20 UTC www.psnw.com [Source type: Original source]
^ It is presumed that a motor vehicle used in another state, territory of the United States, or District of Columbia for 6 months or longer before being brought into Florida was not purchased for use in Florida.- FL Dept Rev - Florida Tax Information 19 September 2009 13:14 UTC dor.myflorida.com [Source type: Reference]
^ AARA 2009 - Tax Deduction for Vehicle Purchases The 2009 American Recovery and Reinvestment Act puts money into the struggling economy with individual and business tax relief.
.^ Florida's sales and use tax rate is 6%.- FL Dept Rev - Learn about specific taxes 19 September 2009 13:14 UTC dor.myflorida.com [Source type: News]
^ Tax Rates The tax rates vary from county to county and from town to town.
^ It is worthwhile to briefly consider tax types that are not currently important in the U.S. because these mechanisms are used in other countries or are central in various proposals to reform the U.S. tax system .- Tax alternatives in the United States - Encyclopedia of Earth 10 January 2010 6:35 UTC www.eoearth.org [Source type: FILTERED WITH BAYES]
.^ Local Individual and Business tax .- http://bogercpa.com/ 10 January 2010 6:35 UTC bogercpa.com [Source type: News]
^ Principles of taxation - Distribution of tax burdens .- taxation -- Britannica Online Encyclopedia 24 January 2010 18:29 UTC www.britannica.com [Source type: Reference]
^ Reduce the burden of business taxes .
.^ Her last years' earnings were $1646, no federal or state taxes withheld, just social security and medicare.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ Question: My parents are receiving social security and do not file income tax.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ (Withdrawals from a 401(k), 403(b), and comparable retirement savings plans are still taxed at your ordinary income tax rate.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
.^ Maybe asked another way, are there tax incentives that make charitable spending more attractive in a down economy?- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ But then more recently I heard that the government changed that tax policy for short sales.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ Am I better off taking some of my money and putting it into something post tax for more diversification?- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
.^ As a result of those analyses, there have been two tax reforms approved on December 2002 and February 2005 which have modified the tax system in relatively large sense.
^ The tax burden is often cited as being one of our weak points, being considered too weighty and too complex, but the system has been considerably reformed over the past several years.- IFA: Corporate taxes in France, friendly tax system for business investment opportunities 16 September 2009 8:20 UTC www.invest-in-france.org [Source type: FILTERED WITH BAYES]
^ Far from weakening state sovereignty, as is sometimes suggested, stronger tax cooperation is the best way to strengthen national tax systems in this age of globally mobile capital.
.^ How are you forced to pay taxes?- Free For All - The Free Liberal Blog: Is Taxation Voluntary? 24 January 2010 18:29 UTC www.freeliberal.com [Source type: Original source]
^ Do they pay taxes ?- Nightly Business Report . Search | PBS 16 September 2009 8:20 UTC www.pbs.org [Source type: General]
^ I'm not debating how taxes are spent, this is about how they're collected.- Free For All - The Free Liberal Blog: Is Taxation Voluntary? 24 January 2010 18:29 UTC www.freeliberal.com [Source type: Original source]
.^ Furthermore, if the Democrats are elected to the White House in 2009, the capital gains tax is going to rise.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ I don't think it was good tax policy or public policy that these wealthy families escaped Uncle Sam's tax bill.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ You'll want to both establish a system for setting aside some money for what you might owe come April 15th (yes, pay those estimated taxes).- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
.^ As a matter of fact, amending the taxation system of the country requires the correction of the attitudes that exist towards the tax issue in both macro and micro sections of the economy.- Iran's Taxation System 24 January 2010 18:29 UTC www.parstimes.com [Source type: FILTERED WITH BAYES]
^ The essence of the system is to therefore collect sufficient funds from public (richer should contribute more than the poor) and then use those funds prudently for the welfare of the same public.- Introduction to Taxation 24 January 2010 18:29 UTC www.ghazanfar.com [Source type: Original source]
^ By applying this common methodology to disparate subjects, The Theory of Taxation and Public Economics produces significant cross-fertilization and yields solutions to previously intractable problems.- Kaplow, L.: The Theory of Taxation and Public Economics. 24 January 2010 18:29 UTC press.princeton.edu [Source type: Academic]
.^ He describes the systems of public finance they created to reduce taxation, and reveals how they gained control over taxes through elected representatives in colonial legislatures.- Rabushka, A.: Taxation in Colonial America. 24 January 2010 18:29 UTC press.princeton.edu [Source type: General]
^ Rather than award individuals such a huge privilege, most communities build roads collectively, financing them through taxation.- The Canons of Taxation 24 January 2010 18:29 UTC www.henrygeorge.org [Source type: Original source]
^ The system of taxation is therefore considered as a way of earning income by the governments so that after its collection governors on behalf of public may spend it prudently for their welfare.- Introduction to Taxation 24 January 2010 18:29 UTC www.ghazanfar.com [Source type: Original source]
.^ Complies with all the latest tax laws.- Tax Return - Online Tax Return Preparation, Federal & State Income Tax Returns Online. Free E-File & Fast Tax Refund. 10 January 2010 6:35 UTC www.preparetaxreturn.com [Source type: General]
^ Tax Credit includes installation costs.- Federal Tax Credits for Energy Efficiency : ENERGY STAR 10 January 2010 6:35 UTC www.energystar.gov [Source type: General]
^ Other examples of regressive taxes and fees.- Regressive, Progressive taxes/taxation explained. 16 September 2009 8:20 UTC www.psnw.com [Source type: Original source]
The collection of a tax in order to spend it on a specified purpose, for example collecting a tax on alcohol to pay directly for alcoholism rehabilitation centres, is called
hypothecation. This practice is often disliked by
finance ministers, since it reduces their freedom of action.
.^ Did the contractors who re-did your deck really do it for $1000, or did you give them some money under the table?
^ Let us consider what economic science really has to offer a free and progressive people in this matter of the use of the proper source of public revenue to support government.
^ Soaking the Poor Yet, for some reason there is no real commitment to tax reform about which we have been hearing since 1992.- Taxation « ChrisRam.net 24 January 2010 18:29 UTC www.chrisram.net [Source type: Original source]
.^ While they may be exempt from paying income tax the only way they can generate funds to pay dividends is by having income exceed expenses ...- Nightly Business Report . Search | PBS 16 September 2009 8:20 UTC www.pbs.org [Source type: General]
^ Compulsory payroll tax Definition: An automatic tax collected from employers and employees to finance specific programs.
^ Cenvat refers to the median excise duty, tax on manufacture of goods, levied on nearly 90% of the goods made in the more news on: Public finance news .- TAXATION.LOVE.COM | All Things taxation 24 January 2010 18:29 UTC taxation.love.com [Source type: General]
.^ March 17, 2009 - By Alistair Barr Taxation might be a way to recoup some portion of the payments, but a 100% tax is really confiscation of property by the government.- Taxation - MarketWatch.com Topics 24 January 2010 18:29 UTC www.marketwatch.com [Source type: News]
^ In the case of the failure to file a return, the tax may be assessed, or a proceeding in court for the collection of the tax may begin without assessment at any time [4] .- Tax Preparation | How to do my Taxes | IRS Tax Attorney | Prepare Taxes 19 September 2009 13:14 UTC www.irstaxattorney.com [Source type: FILTERED WITH BAYES]
^ For example, lawyers in our group have authored publications such as Taxation of Regulated Investment Companies and Their Shareholders and The Harvard Manual – Tax Aspects of Charitable Giving .- Ropes & Gray LLP: Tax 10 January 2010 6:35 UTC www.ropesgray.com [Source type: FILTERED WITH BAYES]
Some economists, especially
neo-classical economists, argue that all taxation creates
market distortion and results in economic inefficiency.
.^ They are virtually privileged by the tax system.- Taxation and Redistribution 24 January 2010 18:29 UTC lamar.colostate.edu [Source type: Original source]
^ It opposes protectionism and distortion of competition by means of taxation, and support international cooperation to create a fair and unbiased system governing international tax relations.- International Chamber of Commerce 24 January 2010 18:29 UTC www.iccuk.net [Source type: News]
^ He describes the systems of public finance they created to reduce taxation, and reveals how they gained control over taxes through elected representatives in colonial legislatures.- Rabushka, A.: Taxation in Colonial America. 24 January 2010 18:29 UTC press.princeton.edu [Source type: General]
.^ Taxation can be considered as one of the most sensitive areas for the government and investors.
^ Instead of tending to the basics, government has grown into a bloated conglomerate of political services that gets larger every year -- with no end in sight.- Taxes | Libertarian Party 10 January 2010 6:35 UTC www.lp.org [Source type: News]
^ Disclaimer: The information provided on Lawyers.com is not legal advice, Lawyers.com is not a lawyer referral service, and no attorney-client or confidential relationship is or should be formed by use of the site.- Taxation Attorney, Lawyer, Attorneys, Lawyers and Legal Research Information - Lawyers.com 24 January 2010 18:29 UTC taxation.lawyers.com [Source type: Original source]
- Taxation Law Blog 24 January 2010 18:29 UTC taxation.lawyers.com [Source type: General]
- Chapter 13 Bankruptcy Tax Tool - Lawyers.com 10 January 2010 6:35 UTC bankruptcy.lawyers.com [Source type: General]
.^ But then more recently I heard that the government changed that tax policy for short sales.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
Others (e.g.
.^ Most if not all of these would be taxed .- PolitiFact | Taxes statements 10 January 2010 6:35 UTC www.politifact.com [Source type: FILTERED WITH BAYES]
^ Tax forms in all 50 states.- Taxation Information: Tax Information: Tips & Guides to Prepare your State and Federal Taxes 10 January 2010 6:35 UTC taxes.findlaw.com [Source type: General]
^ The first myth is that all the money that a person receives through employment or business is money they are fully entitled to and that the taking of that money through tax is a form of theft.
.^ But if you earned $65,000 and sold $20,000 worth of stock, almost all the stock profit is subject to the 15% capital gains tax treatment.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ All this talk of stimulus packages, however, has me wondering: should I hold off on mailing my tax return?- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ By the way, in most cases it does not make sense to Roth if you have to use your retirement savings money to pay the tax levy.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
The Four "R"s
.^ It emphasizes the relationships among the main functions of taxation -- notably, raising revenue, redistributing income, and correcting externalities -- and the mapping between these functions and various forms of taxation.
^ We shall discuss here mainly the effects of a progressive income tax because in recent times it has been used as the main instrument for making taxation as a whole steeply progressive.- Taxation and Redistribution 24 January 2010 18:29 UTC lamar.colostate.edu [Source type: Original source]
^ However, the rules discussed in this section pertain to ministers as defined by the Internal Revenue Code ("Code"), and this definition is the same for both self-employment and income taxation purposes.- PC(USA) - Legal Resource Manual - Taxation 24 January 2010 18:29 UTC www.pcusa.org [Source type: FILTERED WITH BAYES]
[3]
The main purpose is
revenue: taxes raise money to spend on roads, schools and hospitals, and on more indirect government functions like market regulation or legal systems. This is the most widely known function.
[3]A second is
redistribution.
.^ To advocate progressive taxation is to oppose regressive tax systems where the poorer sections of society pay a higher share of their income.
A third purpose of taxation is
repricing. Taxes are levied to address externalities:
tobacco is taxed, for example, to discourage smoking, and many people advocate policies such as implementing a
carbon tax.
[3]A fourth, consequential effect of taxation in its historical setting has been
representation.
[3] .^ Accountability - Tax systems should be accountable to citizens.- Guiding Principles of a Fair and Effective Tax System Prepared for the Washington State Tax Structure Committee - Policy Note - Washington Policy Center 16 September 2009 8:20 UTC www.washingtonpolicy.org [Source type: Original source]
^ That brings us back to "no taxation without representation."- Is Taxation Theft? - Hit & Run : Reason Magazine 24 January 2010 18:29 UTC reason.com [Source type: Original source]
^ Start your search on No Taxation Without Representation .- No Taxation Without Representation 24 January 2010 18:29 UTC www.virtualology.com [Source type: Original source]
.^ Question: Is it better to owe the federal/state government tax, or receive a refund?- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ Since our annual income is around $34,000, we tend to get all of our tax money back at the end of the year (at least until I'm out of college).- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ In light of the government's obligations that you mention, such as national defense, Social Security, health care, and the budget deficit it's likely that taxes will go up.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
[4][5]Proportional, progressive, and regressive
.^ The most progressive tax in the tax system is the income tax.- The Tax System of the United States 16 September 2009 8:20 UTC revolution.allbest.ru [Source type: Original source]
^ It opposes protectionism and distortion of competition by means of taxation, and support international cooperation to create a fair and unbiased system governing international tax relations.- International Chamber of Commerce 24 January 2010 18:29 UTC www.iccuk.net [Source type: News]
^ It has been demonstrated that taxes on intermediate transactions are inefficient because the same revenue can better be obtained by taxing income or consumption [33] .- Taxation - encyclopedia article - Citizendium 24 January 2010 18:29 UTC en.citizendium.org [Source type: FILTERED WITH BAYES]
.^ A 55-plus colleague of mine, for example, sees it as a way to give him low-cost cash he can use to pay down his high-cost mortgage.- Canada's tax system favours the old over the young 16 September 2009 8:20 UTC www.canada.com [Source type: General]
^ Further, the measure provided a progressive tax structure, meaning that high income earners were required to pay at higher rates.
^ US Portions of this page are modifications based on work created and shared by Google and used according to terms described in the Creative Commons 3.0 Attribution License .- Tag: Taxation - Explore content tagged Taxation on eHow.com 24 January 2010 18:29 UTC www.ehow.com [Source type: General]
- Tag: Tax - Explore content tagged Tax on eHow.com 10 January 2010 6:35 UTC www.ehow.com [Source type: General]
.^ The most progressive tax in the tax system is the income tax.- The Tax System of the United States 16 September 2009 8:20 UTC revolution.allbest.ru [Source type: Original source]
^ These types of capital gains are taxed at 28%, 28% and 25% respectively (unless your ordinary income tax bracket is a lower rate).- 1040 Tax Calculator - Financial Calculators from Dinkytown.net 10 January 2010 6:35 UTC www.dinkytown.net [Source type: General]
^ The logic of this argument applies only at the top of the income distribution, because changes in marginal tax rates below this level affect the taxes paid by people with higher incomes.- Optimal Taxation: From The Encyclopedia of Taxation and Tax Policy 24 January 2010 18:29 UTC www.urban.org [Source type: Academic]
A
progressive tax is a tax imposed so that the
effective tax rate increases as the amount to which the rate is applied increases. The opposite of a progressive tax is a
regressive tax, where the effective tax rate decreases as the amount to which the rate is applied increases. In between is a
proportional tax, where the effective tax rate is fixed, while the amount to which the rate is applied increases.
.^ Principles of taxation - Distribution of tax burdens .- taxation -- Britannica Online Encyclopedia 24 January 2010 18:29 UTC www.britannica.com [Source type: Reference]
^ Benefits of a low tax burden .- Guiding Principles of a Fair and Effective Tax System Prepared for the Washington State Tax Structure Committee - Policy Note - Washington Policy Center 16 September 2009 8:20 UTC www.washingtonpolicy.org [Source type: Original source]
^ Progressive & Regressive taxes/taxation explained.- Regressive, Progressive taxes/taxation explained. 16 September 2009 8:20 UTC www.psnw.com [Source type: Original source]
[6][7][8]
Direct and indirect
.^ Direct taxes - - Indirect taxes .- taxation -- Britannica Online Encyclopedia 24 January 2010 18:29 UTC www.britannica.com [Source type: Reference]
^ Classes of taxes - Direct and indirect taxes .- taxation -- Britannica Online Encyclopedia 24 January 2010 18:29 UTC www.britannica.com [Source type: Reference]
^ Direct and indirect taxes - - Direct taxes .- taxation -- Britannica Online Encyclopedia 24 January 2010 18:29 UTC www.britannica.com [Source type: Reference]
.^ He's a confused idiot not only about the difference between the terms voluntary and free will but about the actual tax law.- Free For All - The Free Liberal Blog: Is Taxation Voluntary? 24 January 2010 18:29 UTC www.freeliberal.com [Source type: Original source]
^ Different these words are in 2009, as it means, how they can tease the consumer to spend beyond their means again and stay in debt.- NJ Income Tax, Stimulus package rebates refunds money, New Jersey, File Taxes, Bigger Refund, Homestead Rebates, individual, Returns, Tax Information, info 10 January 2010 6:35 UTC www.njstatetax.net [Source type: General]
.^ We know that you are concerned about your tax responsibilities, and we assist you with those responsibilities by providing you with general information, as is contained in this message, and by organizing tax workshops.- ISSO | Taxes | 2004 Tax Bulletin 19 September 2009 13:14 UTC web.bu.edu [Source type: FILTERED WITH BAYES]
^ The VITA program gives students the opportunity to help low to moderate income people who cannot prepare thei own tax returns.- Graduate LLM Taxation 24 January 2010 18:29 UTC www.law.temple.edu [Source type: FILTERED WITH BAYES]
^ As a proxy for taxing ability, the government taxes income but must recognize that the income tax gives people incentives to change how hard they work to escape taxation.- Optimal Taxation: From The Encyclopedia of Taxation and Tax Policy 24 January 2010 18:29 UTC www.urban.org [Source type: Academic]
.^ To collect INCOME TAX , for example, you need a meaningful definition of INCOME .- Economics A-Z | Economist.com 24 January 2010 18:29 UTC www.economist.com [Source type: FILTERED WITH BAYES]
^ Tennessee does not tax earned income.- Taxes | Rutherford County, Tennessee | Rutherford County Chamber of Commerce 10 January 2010 6:35 UTC www.rutherfordchamber.org [Source type: News]
^ What is the earned income credit and who qualifies for it?
.^ Who is responsible for paying taxes?- Denton County, Texas - Property Tax 10 January 2010 6:35 UTC tax.dentoncounty.com [Source type: FILTERED WITH BAYES]
^ Can I pay my taxes in other than American dollars?
^ Personal liability for tax; remedies for collection .
.^ This means that a prior law must be enacted first by the congress before assessment and collection may be implemented of the 1987 constitution.- Concepts of Taxation 24 January 2010 18:29 UTC www.slideshare.net [Source type: FILTERED WITH BAYES]
^ He's a confused idiot not only about the difference between the terms voluntary and free will but about the actual tax law.- Free For All - The Free Liberal Blog: Is Taxation Voluntary? 24 January 2010 18:29 UTC www.freeliberal.com [Source type: Original source]
^ A change in the tax law means you may not receive your Forms 1099 until weeks later than you expect them.- Tax Guide for Investors from Fairmark.com 10 January 2010 6:35 UTC fairmark.com [Source type: General]
In U.S. constitutional law, for instance, direct taxes refer to
poll taxes and
property taxes, which are based on simple existence or ownership.
.^ There are taxes that are imposed or levied on acts, rights or privileges.- Concepts of Taxation 24 January 2010 18:29 UTC www.slideshare.net [Source type: FILTERED WITH BAYES]
^ A privilege tax of 1% of sales price, with a maximum of $80 per article, is imposed on purchasers of manufacturing machinery, parts, and accessories stored, used, or consumed in the state.
^ VAT is an indirect tax imposed on the value added of each stage of production and distribution.- Legal Issues for Investors : Taxation 24 January 2010 18:29 UTC www.boi.go.th [Source type: FILTERED WITH BAYES]
.^ Direct taxes - - Indirect taxes .- taxation -- Britannica Online Encyclopedia 24 January 2010 18:29 UTC www.britannica.com [Source type: Reference]
^ We would be responsible for the yearly property taxes.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ Classes of taxes - Direct and indirect taxes .- taxation -- Britannica Online Encyclopedia 24 January 2010 18:29 UTC www.britannica.com [Source type: Reference]
.^ In any case after amendment of the Direct Taxation Law in 1987, and positive changes in some macro economic variables, the share of indirect taxes came down and the share of direct taxes went up, so that the share of direct and indirect taxes changed from 59% and 41% to 60% and 40% respectively.- Taxation in Iran 24 January 2010 18:29 UTC www.parstimes.com [Source type: FILTERED WITH BAYES]
^ Income tax [electronic resource] : a concise exposition of the law and practice thereof, with instructions as to filling up and returning the necessary forms : to which is prefixed a short thesis on direct and indirect taxation, with forms / by Thomas C. .
^ According to Article 93 of the Direct Taxation Law, the income gained by a real person in Iran through his occupation will be taxable after taking account of the prescribed deductions.- Taxation in Iran 24 January 2010 18:29 UTC www.parstimes.com [Source type: FILTERED WITH BAYES]
Tax burden
Main article:
Tax incidence
Diagram illustrating taxes effect
.^ The principle of the non-shiftability of a tax which collects the publicly earned RENT-of-land for public use i is well established in today's economics.
^ With ratification of the Tax Law in 1966, collection of goods and services taxes entered a new phase, and some goods, such as gramophone records, cars etc.- Taxation in Iran 24 January 2010 18:29 UTC www.parstimes.com [Source type: FILTERED WITH BAYES]
^ The IRS will take advantage of a taxpayer who is not knowledgeable about the tax law or IRS audit and collection procedures.- IRS Tax Attorney - Back Taxes - Help - Offer in Compromise - Lien & LevyRemoval - IRS Examination - Garnishment - 10 January 2010 6:35 UTC www.irstaxattorney.com [Source type: FILTERED WITH BAYES]
In many countries, taxes are imposed on business (such as
corporate taxes or portions of
payroll taxes). However, who ultimately pays the tax (the tax "burden") is determined by the marketplace as taxes become
embedded into production costs.
.^ We’ve heard many times about how it restricts innovation by discouraging investments, or how higher tax rates actually have the seemingly perverse impact of decreasing [...
^ By maintaining the assumption that supply of all goods is perfectly elastic, Ramsey's solution to this problem yields an elegant rule: The optimal set of commodity taxes leads to an equal percentage reduction in the compensated (Hicksian) demands for all goods.- Optimal Taxation: From The Encyclopedia of Taxation and Tax Policy 24 January 2010 18:29 UTC www.urban.org [Source type: Academic]
^ This paper measures how the economic burden of the tobacco tax is split between consumers and retail sellers....- Taxation | Business solutions from AllBusiness.com 24 January 2010 18:29 UTC www.allbusiness.com [Source type: News]
.^ Actually, McCain has supported taxing high earners more than low earners.- FactCheck.org: Spread the Tax Hooey! 10 January 2010 6:35 UTC www.factcheck.org [Source type: FILTERED WITH BAYES]
^ Instead of being paid to deliver planes, missiles and tanks, defense contractors would receive "weapon supply tax credits" (WSTC).- Taxes - Salon.com 10 January 2010 6:35 UTC www.salon.com [Source type: Original source]
^ In any case, the tax must be paid exclusively and in full by the suppliers of the taxed goods.- The Economics of Taxation - Hans-Hermann Hoppe - Mises Institute 24 January 2010 18:29 UTC mises.org [Source type: FILTERED WITH BAYES]
If the elasticity of demand is low, more will be paid by the customer. And contrariwise for the cases where those elasticities are high.
.^ These types of capital gains are taxed at 28%, 28% and 25% respectively (unless your ordinary income tax bracket is a lower rate).- 1040 Tax Calculator - Financial Calculators from Dinkytown.net 10 January 2010 6:35 UTC www.dinkytown.net [Source type: General]
^ Stephen Moore, November 17, 1999 [CATO] Capital Markets: The Importance of Lower Taxes "The more money that remains in the hands of the private sector, the more will be available to investors to support innovation."- Fundamental Tax Reform -- KEVIN CRAIG for Congress 24 January 2010 18:29 UTC kevincraig.us [Source type: Original source]
- The Problems with Taxation 24 January 2010 18:29 UTC www.liberty-page.com [Source type: FILTERED WITH BAYES]
^ Orszag says there was growth in capital gains realizations in individual tax receipts, but measures such as lower rates on dividends and an increase in the child tax credit, as well as a drop in job wages, caused a reduction in revenues.- FactCheck.org: Supply-side Spin 24 January 2010 18:29 UTC www.factcheck.org [Source type: Original source]
To illustrate this relationship, suppose the market price of a product is
US$1.00, and that a $0.50 tax is imposed on the product that, by law, is to be collected from the seller.
.^ This paper measures how the economic burden of the tobacco tax is split between consumers and retail sellers....- Taxation | Business solutions from AllBusiness.com 24 January 2010 18:29 UTC www.allbusiness.com [Source type: News]
^ Most economists agree that the best tax is one that has as little impact as possible on peoples decisions about whether to undertake a productive economic activity.- Economics A-Z | Economist.com 24 January 2010 18:29 UTC www.economist.com [Source type: FILTERED WITH BAYES]
^ State and local taxes increasingly account for a greater portion of the total tax burden for many companies.
[9] .^ Erie County will increase its sales tax revenue because county resident who would normally purchase these goods on the reservation will now have less of an incentive to do so and will purchase them neighborhood stores.
^ This kind of tax does not involve double taxation of sale and consumption, and as its tax base is wide and its rates are small, it would lead to an increase in tax revenue and improvement of the tax system.- Taxation in Iran 24 January 2010 18:29 UTC www.parstimes.com [Source type: FILTERED WITH BAYES]
^ Most tax cutters today want tax cuts because they think they are good for the economy, not because they think that it will increase tax revenue.
.^ Therefore, you will not be charged any additional sales tax for Marketplace purchases.- Amazon.com Help: Sales Tax 10 January 2010 6:35 UTC www.amazon.com [Source type: General]
^ This paper measures how the economic burden of the tobacco tax is split between consumers and retail sellers....- Taxation | Business solutions from AllBusiness.com 24 January 2010 18:29 UTC www.allbusiness.com [Source type: News]
^ The Fair Tax would make American manufacturing more competitive, since the sales tax would apply to both U.S. and foreign consumer products equally.- Offshore News: Towards a Truly Progressive Tax System - Offshore Asset Protection, Offshore Banking, Tax Havens, Offshore Merchant Accounts 16 September 2009 8:20 UTC www.offshore-income.com [Source type: FILTERED WITH BAYES]
.^ Tax Rate: Not more than 1%.- Iowa Department of Revenue - Iowa Taxes 19 September 2009 13:14 UTC www.iowa.gov [Source type: FILTERED WITH BAYES]
^ The rich aren’t paying any taxes any more!
^ Todays children pay more than that in sales taxes.- Sobran's --- Taxation through the Ages 24 January 2010 18:29 UTC www.sobran.com [Source type: Original source]
.^ This could be the case if, for example, the property is awaiting rehabilitation or demolition, or if the owner has not been able to find a tenant or buyer because of high market prices.- French Riviera Luxury Villa - Taxation on Real Estate Investments 24 January 2010 18:29 UTC www.burger-sothebysrealty.fr [Source type: General]
^ The essential fact of these programs was to lower the price of land and to give tax reductions on improvements as incentives to prospective builders.
^ For example, payments not included in federal gross income include premiums paid through an employer sponsored plan in which the payments are excluded from taxable wages (pre-taxed dollars).
[10]History
Taxation levels
The first known system of taxation was in
Ancient Egypt around
3000 BC - 2800 BC in the first dynasty of the Old Kingdom.
[11] .^ This tax would be easy and cheap to collect.
^ The main objective of SAS is to inculcate a practice of voluntary compliance by taxpayers and at the same time, reduce the workload of the IRB to enable them to focus on tax audits and increase collection revenue .- Vertical Limit Consulting - Malaysian Tax System 16 September 2009 8:20 UTC www.vlc.com.my [Source type: FILTERED WITH BAYES]
^ Why is the government unable to collect all taxes due from a five-time Grammy winner generating significant cash flow?- Big names owe big-time on taxes - USATODAY.com 10 January 2010 6:35 UTC www.usatoday.com [Source type: News]
Other records are granary receipts on
limestone flakes and papyrus.
[12] Early taxation is also described in the
Bible. In
Genesis (chapter 47, verse 24 - the
New International Version), it states "But when the crop comes in, give a fifth of it to
Pharaoh.
.^ You may, however, choose to consider your rental income as an effectively connected U.S. business activity.
^ You may also need to pay estimated taxes if you have taxable income from interest, dividends, rental property, or other sources.- Idaho Small Business Solutions - Taxes 10 January 2010 6:35 UTC www.idahobizhelp.org [Source type: FILTERED WITH BAYES]
^ Open a separate bank account for your business so that you can keep those funds apart from your personal assets.- Tax Services for Small Business | Business.com 10 January 2010 6:35 UTC www.business.com [Source type: News]
Joseph was telling the people of
Egypt how to divide their crop, providing a portion to the Pharaoh.
.^ This, in turn, led to an extraordinary increase in the aggregate tax burden, with Federal taxes as a share of GDP reaching a postwar high of 20.8 percent in 2000.- U.S. Treasury - Fact Sheet on the History of the U.S. Tax System 10 January 2010 6:35 UTC www.ustreas.gov [Source type: FILTERED WITH BAYES]
^ Tax cuts following the war reduced the Federal tax burden as a share of GDP from its wartime high of 20.9 percent in 1944 to 14.4 percent in 1950.- U.S. Treasury - Fact Sheet on the History of the U.S. Tax System 10 January 2010 6:35 UTC www.ustreas.gov [Source type: FILTERED WITH BAYES]
^ Dividends, share in the net profits of a taxable partnership, interests, royalties (in any form), and prizes exceeding P10, 000 are taxed at 20% of the total amount.- Taxation 24 January 2010 18:29 UTC www.us-asean.org [Source type: FILTERED WITH BAYES]
In
India, Islamic rulers imposed
jizya starting in the 11th century. It was abolished by
Akbar.
.^ Why is the government unable to collect all taxes due from a five-time Grammy winner generating significant cash flow?- Big names owe big-time on taxes - USATODAY.com 10 January 2010 6:35 UTC www.usatoday.com [Source type: News]
^ Most income taxes are collected by the federal government, which collects 81 percent of all individual income taxes and 81.5 percent of all corporate income taxes.- The Tax System of the United States 16 September 2009 8:20 UTC revolution.allbest.ru [Source type: Original source]
^ There were taxes on houses, on the baskets used for transporting the collected dues to Alexandria, on burials, on company property, on property transfers, and quite a few more [ 7 ] .- Dues and duties in ancient Egypt 24 January 2010 18:29 UTC nefertiti.iwebland.com [Source type: Original source]
.^ Moreover, it reduces the present incentive for future production of valuable assets and thereby also lowers future income and the future level of available consumption.- The Economics of Taxation - Hans-Hermann Hoppe - Mises Institute 24 January 2010 18:29 UTC mises.org [Source type: FILTERED WITH BAYES]
^ The rate of taxation above that level was of little concern, since virtually every small business would be exempt from taxation.- Obama Plans to Keep Estate Tax - WSJ.com 10 January 2010 6:35 UTC online.wsj.com [Source type: News]
^ Any measure, therefore, which discourages, restricts or interferes with production must lower the general economy, and taxation-for-social-purposes is distinctly such a measure.- Taxation is Robbery, by Frank Chodorov 24 January 2010 18:29 UTC mises.org [Source type: Original source]
Government expenditures and revenue in France during the 17th century went from about 24.30 million
livres in 1600-10 to about 126.86 million
livres in 1650-59 to about 117.99 million
livres in 1700-10 when government debt had reached 1.6 billion
livres. In 1780-89 it reached 421.50 million
livres.
[13] Taxation as a percentage of production of final goods may have reached 15% - 20% during the 17th century in places like
France, the
Netherlands, and
Scandinavia.
.^ Other taxes have also increased at dizzying rates.- Sobran's --- Taxation through the Ages 24 January 2010 18:29 UTC www.sobran.com [Source type: Original source]
^ Tax Rate: Not more than 1%.- Iowa Department of Revenue - Iowa Taxes 19 September 2009 13:14 UTC www.iowa.gov [Source type: FILTERED WITH BAYES]
^ More tax money results in more government.- Free For All - The Free Liberal Blog: Is Taxation Voluntary? 24 January 2010 18:29 UTC www.freeliberal.com [Source type: Original source]
This increase was greatest in England,
Peter Mathias and
Patrick O'Brien found that the tax burden increased by 85% over this period.
.^ Mainly items which have been introduced are as follows: number of days working within Panama , individual tax burden as per taxable income brackets, a new method for calculating income tax and social security threshold.
^ Orszag says there was growth in capital gains realizations in individual tax receipts, but measures such as lower rates on dividends and an increase in the child tax credit, as well as a drop in job wages, caused a reduction in revenues.- FactCheck.org: Supply-side Spin 24 January 2010 18:29 UTC www.factcheck.org [Source type: Original source]
^ Internal Revenue Service Ruling 83-3 attempted to eliminate this "double benefit," but it was restored in the 1986 Tax Reform Act.- PC(USA) - Legal Resource Manual - Taxation 24 January 2010 18:29 UTC www.pcusa.org [Source type: FILTERED WITH BAYES]
.^ My average weekly income before taxes is $550 to $600.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ Its emergence is reminiscent of the U.S. in the years after the Civil War when America's industrial output lagged far behind that of Germany, France, and Britain.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ That is, until you cash it in and then you pay ordinary income tax rates on the gain.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
.^ For example, most travelling salesmen drive themselves around; lower taxes would make it economic to use specialist drivers – thus creating more working time (and probably safer journeys to boot).- IEA Blog » taxation 24 January 2010 18:29 UTC blog.iea.org.uk [Source type: Original source]
^ Mainly items which have been introduced are as follows: number of days working within Panama , individual tax burden as per taxable income brackets, a new method for calculating income tax and social security threshold.
^ Capital-gains taxes are lower primarily in order to encourage long-term investment, and thereby make more capital available for American businesses, at least in theory.
[14]
Forms of taxation
In monetary economies prior to fiat banking, a critical form of taxation was
seigniorage, the tax on the creation of money.
Other obsolete forms of taxation include:
- Scutage - paid in lieu of military service; strictly speaking a commutation of a non-tax obligation rather than a tax as such, but functioning as a tax in practice
- Tallage - a tax on feudal dependents
- Tithe - a tax-like payment (one tenth of one's earnings or agricultural produce), paid to the Church (and thus too specific to be a tax in strict technical terms). This should not be confused with the modern practice of the same name which is normally voluntary.
- Aids - During feudal times a feudal aid was a type of tax or due paid by a vassal to his lord.
- Danegeld - medieval land tax originally raised to pay off raiding Danes and later used to fund military expenditures.
- Carucage - tax which replaced the danegeld in England.
- Tax Farming - the principle of assigning the responsibility for tax revenue collection to private citizens or groups.
.^ Research has shown that raising the taxes and price of alcohol leads to a decrease in consumption by youth, and reduces alcohol-related deaths and illness.- Alcohol Taxes | Jointogether.org 10 January 2010 6:35 UTC www.jointogether.org [Source type: General]
^ It is to be noted that some goods that are imported to meet the needs of some organs or agencies are either exempted from import tax or lower taxes are levied against them.- Taxation in Iran 24 January 2010 18:29 UTC www.parstimes.com [Source type: FILTERED WITH BAYES]
^ And the regressive nature of the VAT can be mitigated by exempting some necessities from taxation and by reducing other taxes that fall disproportionately on wage earners, such as the payroll tax.- Taxes - Salon.com 10 January 2010 6:35 UTC www.salon.com [Source type: Original source]
Armoires, hutches, and wardrobes were employed to evade taxes on doors and cabinets.
.^ Octroi (tax on entry of goods for use/consumption within areas of the Local Bodies), Tax on Markets and Tax/User Charges for utilities like water supply, drainage, etc.- TAXATION IN INDIA 24 January 2010 18:29 UTC siadipp.nic.in [Source type: FILTERED WITH BAYES]
^ Exploring Issues in the Development of Macroeconomic Models for Use in Tax Policy Analysis ” JCX-19-06.- FactCheck.org: Supply-side Spin 24 January 2010 18:29 UTC www.factcheck.org [Source type: Original source]
^ By Emily Maltby Whatever the outcome of the federal estate-tax debate, many family businesses likely will continue to use a variety of strategies to cope.- smSmallBiz.com | Small Business Taxes - Small Business Tax Deductions - Small Business Tax Tips 10 January 2010 6:35 UTC www.smsmallbiz.com [Source type: News]
In Tsarist Russia, taxes were clamped on beards.
.^ The paper acknowledges that while the Australian managed funds industry has developed into one of the largest and most dynamic in the world, their taxation has been based on the laws for the taxation of trusts.- Allens Arthur Robinson: Publications: Tax publications listing 10 January 2010 6:35 UTC www.aar.com.au [Source type: FILTERED WITH BAYES]
^ One could argue that in a state which has representative institutions, while compliance with taxation may require force or its threat, many if not most people comply voluntarily.- Is Taxation Theft? - Hit & Run : Reason Magazine 24 January 2010 18:29 UTC reason.com [Source type: Original source]
^ The Republic of Panama bases its income tax system on the territoriality principle, as opposed to worldwide taxation method used in most countries.
Three quarters of the world's taxation-literature refers to the German system. There are 118 laws, 185 forms, and 96,000 regulations, spending
€3.7 billion to collect the income tax.
.^ Direct taxes - - Indirect taxes .- taxation -- Britannica Online Encyclopedia 24 January 2010 18:29 UTC www.britannica.com [Source type: Reference]
^ Classes of taxes - Direct and indirect taxes .- taxation -- Britannica Online Encyclopedia 24 January 2010 18:29 UTC www.britannica.com [Source type: Reference]
^ That is, when the government can use both direct and indirect taxes, what is the optimal mix of taxes?- Optimal Taxation: From The Encyclopedia of Taxation and Tax Policy 24 January 2010 18:29 UTC www.urban.org [Source type: Academic]
Tax rates
.^ WASHINGTON, D.C. - This report shows that it is America's small business owners who bear most of the burden of the 1993 tax rate increase.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
^ Some have a single rate throughout the state though most permit local city and county additions to the base tax rate.
^ Real Estate Transfer Tax An excise tax is levied on transfers of real estate at the rate of $1 of each $500, or fraction thereof, of the consideration or value of the property conveyed.
.^ What's your marginal tax rate?- WSJ - Taxes & Personal Finance, Tax Law, & Income Tax Planning News - WSJ.com 19 September 2009 13:14 UTC online.wsj.com [Source type: News]
^ Tax rates should be distinguished from tax revenues.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
^ What's your average tax rate?- WSJ - Taxes & Personal Finance, Tax Law, & Income Tax Planning News - WSJ.com 19 September 2009 13:14 UTC online.wsj.com [Source type: News]
.^ Tax Rate: 5% of taxable income .- Iowa Department of Revenue - Iowa Taxes 19 September 2009 13:14 UTC www.iowa.gov [Source type: FILTERED WITH BAYES]
^ The thing or amount to which a tax rate applies.- Economics A-Z | Economist.com 24 January 2010 18:29 UTC www.economist.com [Source type: FILTERED WITH BAYES]
^ Total tax paid in a period as a proportion of total INCOME in that period.- Economics A-Z | Economist.com 24 January 2010 18:29 UTC www.economist.com [Source type: FILTERED WITH BAYES]
.^ Residents pay personal income tax.
^ Taxpayers in the 10% or 15% bracket pay 0% percent in 2008.- Bloomberg.com: Calculators 19 September 2009 13:14 UTC www.bloomberg.com [Source type: General]
^ In an angry response to the low take-up by offshore account holders of the UK's latest tax amnesty, which drew a response from only 10,000 people, Treasury Minister Stephen Timms said that the government would now look to 'close down offshore tax evasion for good'.- Tax-news.com News Headlines 10 January 2010 6:35 UTC tax-news.com [Source type: News]
- Tax calculation
- (0.05*50,000) + (0.10*50,000) + (0.15*75,000) = 18,750
- The "effective rate" would be 10.7%:
- 18,750/175,000 = 0.107
- The "marginal rate" would be 15%.
Economics of taxation
.^ Future of nations; prosperity, how it must come, economic facts for business men, by Roger W. Babson.
^ The income tax fundamentally changed this relationship, giving the government the right and the need to know about all manner of an individual or business' economic life.- U.S. Treasury - Fact Sheet on the History of the U.S. Tax System 10 January 2010 6:35 UTC www.ustreas.gov [Source type: FILTERED WITH BAYES]
^ CONCEPTS OF TAXATION Chapter 16 ECONOMICS: its concepts and principles By: BKG Gabay RM Remotin, Jr. EAM Uy Definition of Terms TAXATION is defined in many ways.- Concepts of Taxation 24 January 2010 18:29 UTC www.slideshare.net [Source type: FILTERED WITH BAYES]
.^ As a proxy for taxing ability, the government taxes income but must recognize that the income tax gives people incentives to change how hard they work to escape taxation.- Optimal Taxation: From The Encyclopedia of Taxation and Tax Policy 24 January 2010 18:29 UTC www.urban.org [Source type: Academic]
^ Most economists agree that the best tax is one that has as little impact as possible on peoples decisions about whether to undertake a productive economic activity.- Economics A-Z | Economist.com 24 January 2010 18:29 UTC www.economist.com [Source type: FILTERED WITH BAYES]
^ Tags: bank , account , tax , man , isle , taxation How to Have a Limited Liability Company Taxed as a Corporation .- Tag: Taxation - Explore content tagged Taxation on eHow.com 24 January 2010 18:29 UTC www.ehow.com [Source type: General]
.^ That taxation — foremost and above all — is and must be understood as a means for the destruction of property and wealth-formation follows from a simple logical analysis of the meaning of taxation.- The Economics of Taxation - Hans-Hermann Hoppe - Mises Institute 24 January 2010 18:29 UTC mises.org [Source type: FILTERED WITH BAYES]
Economic theories of taxation approach the question of how to minimize the loss of
economic welfare through taxation and also discuss how a nation can perform redistribution of wealth in the most efficient manner.
Deadweight costs of taxation
For goods supplied in a
perfectly competitive market, tax reduces
economic efficiency, by introducing a
deadweight loss. In a perfect market, the
price of a particular
economic good adjusts to make sure that all trades which benefit both the buyer and the seller of a good occur.
.^ Urban Facts: Billings taxpayers with adjusted gross incomes of less than $30,000 can exclude up to $3,600 of their pension income from state taxes.- top-ten-tax-friendly-cities.html: Personal Finance News from Yahoo! Finance 19 September 2009 13:14 UTC finance.yahoo.com [Source type: News]
^ While it might be politically unpopular, he says it is well worth considering because it helps generate public revenues that can be used to offset economically harmful taxes, and it is less susceptible than cap-and-trade to economically disruptive price volatility.- Taxes - Brookings Institution 10 January 2010 6:35 UTC www.brookings.edu [Source type: FILTERED WITH BAYES]
^ You need to sell in order to get the capital loss or losses, defined as selling an investment at less than the price you bought it for or its adjusted basis.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
.^ A business that for the previous tax year had either revenues of $1,000,000 or less or 30 or fewer full-time workers may take advantage of this credit.- ADA Tax Incentives Packet 10 January 2010 6:35 UTC www.ada.gov [Source type: FILTERED WITH BAYES]
^ Filing business losses will generally mean more paperwork and a more alert IRS individual on your case.- Tax Relief and Tax Debt Help 10 January 2010 6:35 UTC www.taxrelief.net [Source type: General]
^ Net capital gains from the sale of capital asset held by an individual are fully taxable if the capital asset was held for 12 months or less, and 50% taxable if it was held for more than 12 months.- Taxation 24 January 2010 18:29 UTC www.us-asean.org [Source type: FILTERED WITH BAYES]
This destroys value, and is known as the 'deadweight cost of taxation'.
The deadweight cost is dependent on the
elasticity of supply and demand for a good.
Most taxes—including
income tax and
sales tax—can have significant deadweight costs. The only way to completely avoid deadweight costs in an economy which is generally competitive is to find taxes which do not change
economic incentives, such as the
land value tax,
[17] where the tax is on a good in completely inelastic supply, a
lump sum tax such as a
poll tax which is paid by all adults regardless of their choices, or a
windfall profits tax which is entirely unanticipated and so cannot affect decisions.
Double dividend taxes
.^ Economics and tax policy / by Karl E. Case.
^ Contracting in Germany I am about to start a new contract and I would like some advice regarding the most tax efficient method of invoicing / payment.- Contractor Taxation | Contract Everywhere! 24 January 2010 18:29 UTC contractortaxation.com [Source type: News]
^ In today's global economy, effective tax advice and planning can give your business a competitive advantage.- KPMG in Canada | Tax 10 January 2010 6:35 UTC www.kpmg.ca [Source type: News]
If there is a
negative externality associated with a good, meaning that it has negative effects not felt by the consumer, then the free market will trade too much of that good.
.^ Overall it was a good tax experience.
^ For governments, the tax system is a method of raising revenues.- The Tax System of the United States 16 September 2009 8:20 UTC revolution.allbest.ru [Source type: Original source]
^ Tax reform was seen as necessary for the expansion of the country's tax base thereby increasing revenue and permitting expansion of infrastructure spending and national savings.- Taxation 24 January 2010 18:29 UTC www.us-asean.org [Source type: FILTERED WITH BAYES]
This is known as a 'double dividend'.
.^ Customs duties are charged on a wide range of imported goods.
Polluting fuels (like
petrol), goods which incur public healthcare costs (such as
alcohol or
tobacco), and charges for existing 'free' public goods (like
congestion charging) all offer the possibility of a double dividend. This type of tax is a
Pigovian tax, sometimes colloquially known as a '
sin tax'. It is worthwhile noting that taxation is not necessarily the only, or the best, method of dealing with negative externalities.
Transparency and simplicity
Another concern is that the complicated tax codes of developed economies offer perverse
economic incentives. The more details of tax policy there are, the more opportunities for legal
tax avoidance and illegal
tax evasion; these not only result in lost revenue, but involve additional deadweight costs: for instance, payments made for tax advice are essentially deadweight costs because they add no wealth to the economy. Perverse incentives also occur because of non-taxable 'hidden' transactions; for instance, a sale from one company to another might be liable for
sales tax, but if the same goods were shipped from one branch of a corporation to another, no tax would be payable.
.^ It is very important that you provide us with an accurate email address on your 'contract' and that you let us know if you change email addresses during the tax season.
^ A serial publication that addresses two topics in each issue: "Common Questions" answers questions about ADA requirements; "Design / Details" provides information and illustrations of particular design requirements.- ADA Tax Incentives Packet 10 January 2010 6:35 UTC www.ada.gov [Source type: FILTERED WITH BAYES]
^ This is: if these distributive shares are sources of public revenue, what then are taxes which so many economists and most law makers constantly, and we believe erronously, refer to as sources?
Sales tax, for instance, can be replaced with a
value added tax which disregards intermediate transactions.
Tax incidence
Main article:
Tax incidence.^ Which necessarily means that whatever effects today's tax rates have, they're even more minor."
^ Each $1 of marginal tax rate cuts would save the private economy at least $1.25 as deadweight losses fall and economic efficiency increases.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
^ The essential idea was that taxes have their first and primary effect on the economic incentives facing individuals and businesses.- U.S. Treasury - Fact Sheet on the History of the U.S. Tax System 10 January 2010 6:35 UTC www.ustreas.gov [Source type: FILTERED WITH BAYES]
.^ Half of this tax is deducted from an employee’s paycheck while the employer is responsible for matching this contribution.- Taxation in the United States - Encyclopedia of Earth 24 January 2010 18:29 UTC www.eoearth.org [Source type: FILTERED WITH BAYES]
^ Description: Every employer who maintains an office or transacts business in Iowa and who is required to withhold federal income tax on any compensation paid to employees for services performed in Iowa is required to withhold Iowa individual income tax from that compensation.- Iowa Department of Revenue - Iowa Taxes 19 September 2009 13:14 UTC www.iowa.gov [Source type: FILTERED WITH BAYES]
^ Regardless of the reason, federal law requires employment tax withholding and payment by employers.- Alltop - Top Taxes News 10 January 2010 6:35 UTC taxes.alltop.com [Source type: General]
.^ The tax has nothing to do with such price changes.- The Economics of Taxation - Hans-Hermann Hoppe - Mises Institute 24 January 2010 18:29 UTC mises.org [Source type: FILTERED WITH BAYES]
^ This, in turn, led to an extraordinary increase in the aggregate tax burden, with Federal taxes as a share of GDP reaching a postwar high of 20.8 percent in 2000.- U.S. Treasury - Fact Sheet on the History of the U.S. Tax System 10 January 2010 6:35 UTC www.ustreas.gov [Source type: FILTERED WITH BAYES]
^ Unfortunately, statistics portraying tax policy changes as skewed often are released without disclosing the share of taxes actually paid by various income groups.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
.^ Several things can affect your property taxes, such as income and expense statements, market capitalization rates, replacement costs, costs of environmental cleanup and more.- Property Tax Information | Property Tax Software | Business.com 10 January 2010 6:35 UTC www.business.com [Source type: News]
^ Capital-gains taxes are lower primarily in order to encourage long-term investment, and thereby make more capital available for American businesses, at least in theory.
^ Property tax deadline nears in Bradley – Local property owners have until Saturday to make their tax payments without a penalty.- Realty Tax Consultant — Appeal Your Property Taxes 10 January 2010 6:35 UTC realtytaxconsultant.com [Source type: News]
Costs of compliance
.^ More tax money results in more government.- Free For All - The Free Liberal Blog: Is Taxation Voluntary? 24 January 2010 18:29 UTC www.freeliberal.com [Source type: Original source]
^ We must have this form in order to file your tax return with the U.S. government.
^ Expenses such as tuition and other costs for books and housing may trigger some tax credits that most students should utilize.- Tax Preparation and E-File Tax Extension Forms Online - U.S. TaxCenter 10 January 2010 6:35 UTC www.banks.com [Source type: General]
.^ On top of that the tenant assosciation or condo management service may face reclamation and service costs in order to collect on these bad bills and debts.- Realty Tax Consultant — Appeal Your Property Taxes 10 January 2010 6:35 UTC realtytaxconsultant.com [Source type: News]
.^ Several things can affect your property taxes, such as income and expense statements, market capitalization rates, replacement costs, costs of environmental cleanup and more.- Property Tax Information | Property Tax Software | Business.com 10 January 2010 6:35 UTC www.business.com [Source type: News]
^ Even very complex tax returns can be handled with ease and at no extra cost.- Tax Preparation and E-File Tax Extension Forms Online - U.S. TaxCenter 10 January 2010 6:35 UTC www.banks.com [Source type: General]
^ To achieve the same compliance rate, the IRS would have to hire more agents, conduct more audits and investigations, and bring more people to court over alleged tax evasion.
.^ Instead of redesigning or overhauling the AMT, I favor radical tax simplification.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
Kinds of taxes
Ad valorem
.^ The amount of tax paid is often based on the value of the property.- Property Tax Information | Property Tax Software | Business.com 10 January 2010 6:35 UTC www.business.com [Source type: News]
^ These tax bases do not correspond closely to the value of a consumed good or service.
^ Ad valorem tax .- Property Tax Information | Property Tax Software | Business.com 10 January 2010 6:35 UTC www.business.com [Source type: News]
.^ Tax Sale Properties Looking for tax sale properties?- Property Tax Information | Property Tax Software | Business.com 10 January 2010 6:35 UTC www.business.com [Source type: News]
^ Ad valorem tax is another commonly used term for property tax.- Property Tax Information | Property Tax Software | Business.com 10 January 2010 6:35 UTC www.business.com [Source type: News]
^ These taxes are scholastically organized into classifications such as property, sales, motor fuels, excises, profits and the like.
.^ Ad valorem tax is another commonly used term for property tax.- Property Tax Information | Property Tax Software | Business.com 10 January 2010 6:35 UTC www.business.com [Source type: News]
^ Ad valorem tax .- Property Tax Information | Property Tax Software | Business.com 10 January 2010 6:35 UTC www.business.com [Source type: News]
^ Tax Sale Properties Looking for tax sale properties?- Property Tax Information | Property Tax Software | Business.com 10 January 2010 6:35 UTC www.business.com [Source type: News]
.^ Ad valorem tax .- Property Tax Information | Property Tax Software | Business.com 10 January 2010 6:35 UTC www.business.com [Source type: News]
^ Bibliography ad valorem tax administration.
^ Examples are unremunerated reserve requirements and ad valorem taxes on the gross interest receipts of financial intermediaries.
.^ By Conlin's logic, sales tax also is voluntary (you don't have to buy stuff), as are alcohol and tobacco taxes (you don't have to drink or smoke), air travel taxes (you don't have to fly), gas taxes (you don't have to drive), property taxes (you don't have to own a house), and income taxes (you don't have to make money).- Fundamental Tax Reform -- KEVIN CRAIG for Congress 24 January 2010 18:29 UTC kevincraig.us [Source type: Original source]
^ The federal government collects excise taxes from manufacturers and retailers for the production or sale of a surprising number of products including tires, telephone services, air travel, fossil fuels (including gasoline, diesel fuel, and aviation fuel), alcohol, tobacco, and firearms.- Taxation in the United States - Encyclopedia of Earth 24 January 2010 18:29 UTC www.eoearth.org [Source type: FILTERED WITH BAYES]
^ For example, taxes on cigarettes are widely viewed as regressive taxes because lower-income people spend a larger percentage of their incomes on tobacco than do higher-income people.- The Tax System of the United States 16 September 2009 8:20 UTC revolution.allbest.ru [Source type: Original source]
Capital gains tax
.^ Capital gains are not taxed.
^ The gain would not be subject to capital taxes.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ There is no tax on capital gains.
In many cases, the amount of a
capital gain is treated as income and subject to the marginal rate of income tax.
.^ There is no taxation of capital gains.
^ No taxation is applicable to capital gains.
^ There is no tax on capital gains.
Partly to compensate for such changes in the value of money over time, some jurisdictions, such as the
United States, give a favorable capital gains tax rate based on the length of holding.
.^ Marginal individual income tax rate reductions clearly stimulate aggregate consumption and labor force participation, but their stimulative effects on aggregate investment have been disputed.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
^ Reductions in exemption levels meant that taxpayers with taxable incomes of only $500 faced a bottom tax rate of 23 percent, while taxpayers with incomes over $1 million faced a top rate of 94 percent.- U.S. Treasury - Fact Sheet on the History of the U.S. Tax System 10 January 2010 6:35 UTC www.ustreas.gov [Source type: FILTERED WITH BAYES]
^ Election to Claim the Qualified Investment Exemption from Property Tax In Lieu of Investment Tax Credit .- IRS Tax Forms - Federal Tax Forms - State Tax Forms - IRS Form 1040 - Free Tax Filing 10 January 2010 6:35 UTC www.esmarttax.com [Source type: Reference]
.^ A sale of these same shares by a Nonresident before obtaining U.S. income tax residency would result in no taxable gain.- United States Taxation of Foreign Investors 24 January 2010 18:29 UTC www.lehmantaxlaw.com [Source type: Original source]
.^ Answer: Yes, short-term gains are taxed at your ordinary income tax rate.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ For instance, the long-term capital gains tax rate for folks in the 10% and 15% tax brackets is zero.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ Still, the capital gains from the sale of stocks or mutual funds are added to your income.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
.^ The State does not levy a tax on such property.
^ Several things can affect your property taxes, such as income and expense statements, market capitalization rates, replacement costs, costs of environmental cleanup and more.- Property Tax Information | Property Tax Software | Business.com 10 January 2010 6:35 UTC www.business.com [Source type: News]
^ These taxes are scholastically organized into classifications such as property, sales, motor fuels, excises, profits and the like.
Consumption tax
.^ Financial institutions which have elected S corporation status are still subject to the franchise tax, and the shareholders are allowed a tax credit against their individual income tax for their share of the franchise tax paid.- Iowa Department of Revenue - Iowa Taxes 19 September 2009 13:14 UTC www.iowa.gov [Source type: FILTERED WITH BAYES]
^ It achieved some simplifications for individuals through the elimination of such things as income averaging, the deduction for consumer interest, and the deduction for state and local sales taxes.- U.S. Treasury - Fact Sheet on the History of the U.S. Tax System 10 January 2010 6:35 UTC www.ustreas.gov [Source type: FILTERED WITH BAYES]
^ This is a citizen-initiated plan designed to stop punishing productivity (such as when a business hires new workers, or adds new equipment, or when we, as individuals, work longer hours) and rewards savings (by not taxing income on savings and investments) .
Corporation tax
Main article:
Corporate taxCorporate tax refers to a direct tax levied by various jurisdictions on the profits made by companies or associations and often includes capital gains of a
company. Earnings are generally considered gross revenue less expenses.
.^ Corporate tax system .
^ Several things can affect your property taxes, such as income and expense statements, market capitalization rates, replacement costs, costs of environmental cleanup and more.- Property Tax Information | Property Tax Software | Business.com 10 January 2010 6:35 UTC www.business.com [Source type: News]
^ With respect to regulated investment companies, the realization point that triggers a capital gains tax liability should be moved from the corporate level down to the individual shareholder level.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
.^ Such assets are only acquired and held because they can purchase other valuable assets at future dates.- The Economics of Taxation - Hans-Hermann Hoppe - Mises Institute 24 January 2010 18:29 UTC mises.org [Source type: FILTERED WITH BAYES]
^ Both because these taxes and quasi taxes are opaque and because they can be quite large, it is often useful to calculate their impact on bank intermediation spreads.
^ Interest on money borrowed to acquire the assets is allowed as a tax deduction, provided it can be shown that the assets are used in the .
.^ Expenses such as tuition and other costs for books and housing may trigger some tax credits that most students should utilize.- Tax Preparation and E-File Tax Extension Forms Online - U.S. TaxCenter 10 January 2010 6:35 UTC www.banks.com [Source type: General]
^ The income tax fundamentally changed this relationship, giving the government the right and the need to know about all manner of an individual or business' economic life.- U.S. Treasury - Fact Sheet on the History of the U.S. Tax System 10 January 2010 6:35 UTC www.ustreas.gov [Source type: FILTERED WITH BAYES]
^ Unlike a 529 plan, the account can be tapped tax-free to cover qualified education expenses at primary and secondary schools as well college.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
If the book-tax difference is carried over more than a year, it is referred to as a temporary difference, which then creates
deferred tax assets and liabilities for the corporation, which are carried on the
balance sheet.
- See also: Excess profits tax, Windfall profits tax
Currency transaction tax
Environment Affecting Tax
Excises
.^ Ad valorem tax .- Property Tax Information | Property Tax Software | Business.com 10 January 2010 6:35 UTC www.business.com [Source type: News]
^ Bibliography ad valorem tax administration.
^ Filed under: Value-added tax -- Bibliography .
.^ Property taxes are based on the location and the market value of the property.- Property Tax Information | Property Tax Software | Business.com 10 January 2010 6:35 UTC www.business.com [Source type: News]
^ The amount of tax paid is often based on the value of the property.- Property Tax Information | Property Tax Software | Business.com 10 January 2010 6:35 UTC www.business.com [Source type: News]
^ Ad valorem tax is based on property ownership and is determined by the assessed value of real estate or personal property.- Property Tax Information | Property Tax Software | Business.com 10 January 2010 6:35 UTC www.business.com [Source type: News]
.^ This is in addition to the state tax rate of 5%.- Iowa Department of Revenue - Iowa Taxes 19 September 2009 13:14 UTC www.iowa.gov [Source type: FILTERED WITH BAYES]
^ More than a survey, it shows how federal and state governments used the elastic nature of income taxes to meet a variety of economic and social needs, which led to an "aggregation of examples of possible income tax methods rather than the development of an American income tax policy....
^ Her last years' earnings were $1646, no federal or state taxes withheld, just social security and medicare.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
Excises on particular commodities are frequently
hypothecated. For example, a
fuel excise (
use tax) is often used to pay for
public transportation, especially
roads and
bridges and for the protection of the environment.
.^ The money that goes into an escrow account is used to pay for expenses such as real estate taxes, property taxes, and homeowners insurance.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
.^ The IRS says interest rates for the first quarter of 2010 will remain the same as the final quarter of 2009–important news for those who owe back taxes.- Tax Preparation and E-File Tax Extension Forms Online - U.S. TaxCenter 10 January 2010 6:35 UTC www.banks.com [Source type: General]
^ Consequently, many who broke various laws associated with illegal activities and were able to escape justice for these crimes were incarcerated on tax evasion charges.- U.S. Treasury - Fact Sheet on the History of the U.S. Tax System 10 January 2010 6:35 UTC www.ustreas.gov [Source type: FILTERED WITH BAYES]
^ Expenses such as tuition and other costs for books and housing may trigger some tax credits that most students should utilize.- Tax Preparation and E-File Tax Extension Forms Online - U.S. TaxCenter 10 January 2010 6:35 UTC www.banks.com [Source type: General]
Excises (or exemptions from them) are also used to modify consumption patterns (
social engineering). For example, a high excise is used to discourage
alcohol consumption, relative to other goods.
.^ May 21, 2009 News Analysis: Pop Goes the Soda Tax So lawmakers are thinking about using a soda tax to help pay for healthcare reform.- Tax History Project: Article Archive 10 January 2010 6:35 UTC taxhistory.tax.org [Source type: News]
Similar taxes may exist on
tobacco,
pornography, etc., and they may be collectively referred to as "
sin taxes". A
carbon tax is a tax on the consumption of carbon-based non-renewable fuels, such as petrol, diesel-fuel, jet fuels, and natural gas. The object is to reduce the release of carbon into the atmosphere. In the United Kingdom,
vehicle excise duty is an annual tax on vehicle ownership.
Expatriation Tax
An Expatriation Tax is a
tax on some who renounce their
citizenship of some
governments. The most significant Expatriation Tax is one found in the
USA.
The American Jobs Creation act of 2004, passed by the Republican-controlled government, amended section 877 of the Internal Revenue Code of the USA. Under the new law, any individual who has a net worth of $2 million or an average income-tax liability of $127,000 who renounces his or her citizenship and leaves the country is automatically assumed to have done so for tax avoidance reasons and is victim to severe tax laws.
Financial transaction tax
There are several types of financial transaction taxes. Each has its own purpose. Some have already been implemented, and some remain unimplemented concepts. Concepts are found in various organizations and regions around the world. Some are domestic and meant to be used within one nation; whereas some are multinational.
Income tax
An income tax is a tax levied on the financial
income of persons, corporations, or other legal entities. Various income tax systems exist, with varying degrees of
tax incidence. Income taxation can be progressive, proportional, or regressive. When the tax is levied on the income of companies, it is often called a
corporate tax, corporate income tax, or corporation tax.
.^ Exclusions from gross income, receipts or proceeds .
^ Financial institutions which have elected S corporation status are still subject to the franchise tax, and the shareholders are allowed a tax credit against their individual income tax for their share of the franchise tax paid.- Iowa Department of Revenue - Iowa Taxes 19 September 2009 13:14 UTC www.iowa.gov [Source type: FILTERED WITH BAYES]
^ Filed in Government Grants , Income , Tax Forms , Tax Refund , Tax Returns , FAQs What happens if you file your tax return and later realize that you left off some income?- Tax Preparation and E-File Tax Extension Forms Online - U.S. TaxCenter 10 January 2010 6:35 UTC www.banks.com [Source type: General]
.^ EARNED INCOME TAX CREDIT INFORMATION ACT ..........- CALIFORNIA REVENUE AND TAXATION CODE 24 January 2010 18:29 UTC www.leginfo.ca.gov [Source type: Academic]
^ Payment of Tax by All Persons .................- CALIFORNIA REVENUE AND TAXATION CODE 24 January 2010 18:29 UTC www.leginfo.ca.gov [Source type: Academic]
^ PERSONAL INCOME TAX CHAPTER 1.- CALIFORNIA REVENUE AND TAXATION CODE 24 January 2010 18:29 UTC www.leginfo.ca.gov [Source type: Academic]
.^ See all tax types .- Current year tax forms, instructions and worksheets 10 January 2010 6:35 UTC www.taxes.state.mn.us [Source type: Reference]
^ Tax Rates The tax rates vary from county to county and from town to town.
^ Filed in Government Grants , Income , Tax Forms , Tax Refund , Tax Returns , FAQs What happens if you file your tax return and later realize that you left off some income?- Tax Preparation and E-File Tax Extension Forms Online - U.S. TaxCenter 10 January 2010 6:35 UTC www.banks.com [Source type: General]
.^ Real property gains tax .- Vertical Limit Consulting - Malaysian Tax System 16 September 2009 8:20 UTC www.vlc.com.my [Source type: FILTERED WITH BAYES]
^ Real property gains tax (RPGT) is a form of capital gains tax.- Vertical Limit Consulting - Malaysian Tax System 16 September 2009 8:20 UTC www.vlc.com.my [Source type: FILTERED WITH BAYES]
^ The gain would not be subject to capital taxes.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
when shares are sold) or when incurred (e.g. when shares appreciate in value).
.^ Indirect taxes can be a significant business cost.
^ Unfortunately, statistics portraying tax policy changes as skewed often are released without disclosing the share of taxes actually paid by various income groups.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
^ What is not generally revealed is that taxing the income and payrolls of business, at all , is a hidden tax to you and me in higher prices!
.^ Real property gains tax .- Vertical Limit Consulting - Malaysian Tax System 16 September 2009 8:20 UTC www.vlc.com.my [Source type: FILTERED WITH BAYES]
^ Transition from personal property to real property roll .
^ Filed in Government Grants , Income , Tax Forms , Tax Refund , Tax Returns , FAQs What happens if you file your tax return and later realize that you left off some income?- Tax Preparation and E-File Tax Extension Forms Online - U.S. TaxCenter 10 January 2010 6:35 UTC www.banks.com [Source type: General]
.^ Expenses such as tuition and other costs for books and housing may trigger some tax credits that most students should utilize.- Tax Preparation and E-File Tax Extension Forms Online - U.S. TaxCenter 10 January 2010 6:35 UTC www.banks.com [Source type: General]
^ Over 700 questions with evidence proving irrefutably that there is no requirement to pay or file income taxes for most private persons.- Taxation 24 January 2010 18:29 UTC famguardian.org [Source type: Original source]
^ As all are born the subjects of some state or other, we may be said to have been all born consenting to some system of government.- Taxation No Tyranny - Samuel Johnson 24 January 2010 18:29 UTC www.samueljohnson.com [Source type: Original source]
wages); in others, they may be defined broadly to include windfalls (e.g. gambling wins).
Personal income tax is often collected on a
pay-as-you-earn basis, with small corrections made soon after the end of the
tax year. These corrections take one of two forms: payments to the government, for
taxpayers who have not paid enough during the tax year; and
tax refunds from the government for those who have overpaid.
.^ Lessening your chance of being audited by the Internal Revenue Service (IRS) depends on a number of factors, including the tax deductions you report.- Taxation Attorney, Lawyer, Attorneys, Lawyers and Legal Research Information - Lawyers.com 24 January 2010 18:29 UTC taxation.lawyers.com [Source type: Original source]
^ This view is inconsistent with the proposition that income belongs to the taxpayers and that tax liability is determined through the democratic process, not through arbitrary, bureaucratic assumptions.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
^ Unfortunately, statistics portraying tax policy changes as skewed often are released without disclosing the share of taxes actually paid by various income groups.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
.^ Losses of a branch may be set off against total income.
^ For five of the following eight years, the investor may offset up to one-fifth of the incurred capital expenditure against future income.
^ Business losses can be set off against income from all sources in the current year.- Vertical Limit Consulting - Malaysian Tax System 16 September 2009 8:20 UTC www.vlc.com.my [Source type: FILTERED WITH BAYES]
.^ Deduction for foreign taxes paid.
^ Where the foreign taxes paid exceed the credit granted by Montserat, the excess foreign taxes are deductible for Montserrat tax purposes.
^ The taxpayer may divide a credit between the taxes against which it is allowed.
.^ Losses incurred during the tax holidays may not carried forward against future profit.
^ Can I claim a loss on this year's taxes?- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ Expenses such as tuition and other costs for books and housing may trigger some tax credits that most students should utilize.- Tax Preparation and E-File Tax Extension Forms Online - U.S. TaxCenter 10 January 2010 6:35 UTC www.banks.com [Source type: General]
Inflation tax
Main article:
Inflation tax.^ Your money is protected from inflation and it compounds tax deferred until you cash it in.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ In a sense, an I-bond acts like an IRA. The money you put into an I-bond compounds tax deferred until you cash it in.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
.^ You need to sell in order to get the capital loss or losses, defined as selling an investment at less than the price you bought it for or its adjusted basis.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ Do they have to file an income tax return for 2007 in order to receive the tax rebate?- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ The monthly pension benefit you'll receive is considered taxable income.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
Some argue that inflation is a
regressive consumption tax.
[19]
.^ I've looked forward to being "mortgage-free" for some time, but several of our friends suggest losing the tax advantage is a bad financial move.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
Because the effects of monetary expansion or
counterfeiting are never uniform over an entire economy, the policy influences capital transfers in the market, creating
economic bubbles where the new monies are first introduced. Economic bubbles increase market instability, and therefore increases
investment risk, creating the conditions common to a
recession. This particular tax can be understood to be levied on future generations that would have benefited from economic growth, and it has a 100% transfer cost (so long as people are not acting against their interests, increased uncertainty benefits no-one).
Inheritance tax
.^ The various taxing acts are summarized and, after the reign of William III, are divided into the categories of customs, excise and inland duties.
^ There is a refundable Earned Income Tax Credit available to individuals but not to estates or trusts.
^ In 1935, for instance, he proposed a new federal inheritance tax to backstop the existing estate levy.- Tax History Project: Article Archive 10 January 2010 6:35 UTC taxhistory.tax.org [Source type: News]
.^ Filed under: Inheritance and transfer tax -- Law and legislation -- United States -- Bibliography .
^ He's a confused idiot not only about the difference between the terms voluntary and free will but about the actual tax law.- Free For All - The Free Liberal Blog: Is Taxation Voluntary? 24 January 2010 18:29 UTC www.freeliberal.com [Source type: Original source]
^ Over 700 questions with evidence proving irrefutably that there is no requirement to pay or file income taxes for most private persons.- Taxation 24 January 2010 18:29 UTC famguardian.org [Source type: Original source]
.^ Taxpayers who may be affected by the AMT must recalculate their taxes using rules about income and deductions different from those that apply to regular income tax.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
^ Under current law, the damaging effects of the estate tax are reduced, and the tax would be repealed in 2010, only to come back to 2001 levels in the next year.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
^ Useful to silence arguments of people who say the government would go bankrupt if we end income taxes.- Taxation 24 January 2010 18:29 UTC famguardian.org [Source type: Original source]
- See also: Allodial, Pigovian tax, Estate tax (United States), Inheritance Tax (United Kingdom).
Poll tax
.^ With respect to regulated investment companies, the realization point that triggers a capital gains tax liability should be moved from the corporate level down to the individual shareholder level.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
^ The amount that is set off against the taxable profits is available for distribution as tax exempt dividends.- Vertical Limit Consulting - Malaysian Tax System 16 September 2009 8:20 UTC www.vlc.com.my [Source type: FILTERED WITH BAYES]
^ Approving the tax exemption certificate and authorizing Heffernan to sign on behalf of the city for $4.8 million in general obligation capital loan notes and levying a tax to pay the notes.- Realty Tax Consultant — Appeal Your Property Taxes 10 January 2010 6:35 UTC realtytaxconsultant.com [Source type: News]
It is an example of the concept of
fixed tax.
.^ The add back provision is effective for taxable years beginning on or after January 1, 2009; [16] however, it is reduced by one-half for the 2009 and 2010 tax years.- Taxation (2009 Annual Survey of Virginia Law) – University of Richmond Law Review 24 January 2010 18:29 UTC lawreview.richmond.edu [Source type: FILTERED WITH BAYES]
.^ Tax Deposition CD, Form #11.301 .- Taxation 24 January 2010 18:29 UTC famguardian.org [Source type: Original source]
.^ (Fortunately, they make that easy and cheap, as long as all employees have their paychecks direct deposited in Bank of America… THE INTERNET GUIDE TO IRS SCHEDULE E .- Alltop - Top Taxes News 10 January 2010 6:35 UTC taxes.alltop.com [Source type: General]
^ The IRS has sole authority not only to collect federal taxes but to decide how much money they are willing to accept to settle tax debt.- Alltop - Top Taxes News 10 January 2010 6:35 UTC taxes.alltop.com [Source type: General]
^ They say, and say willingly, that they cannot conveniently be represented; because their inference is, that they cannot be taxed.- Taxation No Tyranny - Samuel Johnson 24 January 2010 18:29 UTC www.samueljohnson.com [Source type: Original source]
.^ But nonetheless, a lot of people seem to have gotten the misimpression that there are no serious intellectual, economic arguments in favor of tax cuts.
^ Most people don't need to be concerned about it because the amount exempted from the tax is so large.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ The problem with your argument is that most people consider the exercise of their franchise to be a voluntary contract that empowers the Legislature to levy taxes.- Is Taxation Theft? - Hit & Run : Reason Magazine 24 January 2010 18:29 UTC reason.com [Source type: Original source]
.^ Proportional income tax relief to those paying income taxes is fair and equitable.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
^ Rich people don't pay taxes, people who earn income do.- Free For All - The Free Liberal Blog: Is Taxation Voluntary? 24 January 2010 18:29 UTC www.freeliberal.com [Source type: Original source]
^ Most people who pay federal income tax are not liable under the tax laws so technically they "volunteer".- Free For All - The Free Liberal Blog: Is Taxation Voluntary? 24 January 2010 18:29 UTC www.freeliberal.com [Source type: Original source]
In addition, the supply of people is in fact not fixed over time: on average, couples will choose to have fewer children if a poll tax is imposed.
[20] The introduction of a poll tax in medieval England was the primary cause of the 1381
Peasants' Revolt.Scotland was the first to be used to test the new poll tax in 1989 with England and Wales in 1990. The change from a progressive local taxation based on property values to a single-rate form of taxation regardless of ability to pay (the
Community Charge, but more popularly referred to as the
Poll Tax), led to widespread refusal to pay and to incidents of civil unrest, known colloquially as the 'Poll Tax riots'.
Property tax
Main article:
Property taxA property tax is a tax put on property by reason of its ownership. Property tax can be defined as "generally, tax imposed by municipalities upon owners of property within their jurisdiction based on the value of such property."
[21] .^ But at least they can agree that there should be a border, and that the no man's land of the subsidy sector needs to be erased from the map.- Taxes - Salon.com 10 January 2010 6:35 UTC www.salon.com [Source type: Original source]
^ If so, there is nothing special about property in that government can revoke its protection at a will.- Is Taxation Theft? - Hit & Run : Reason Magazine 24 January 2010 18:29 UTC reason.com [Source type: Original source]
buildings) and personal property (movable things).
.^ Escalating energy costs and increasing property taxes, combined with rising real estate values, are creating cash-poor, house-rich retirees.- Realty Tax Consultant — Appeal Your Property Taxes 10 January 2010 6:35 UTC realtytaxconsultant.com [Source type: News]
.^ We would be responsible for the yearly property taxes.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ This change was necessary to better coordinate the property tax files and the administration of the city’s tax freeze and state tax relief program on a basis consistent … .- Realty Tax Consultant — Appeal Your Property Taxes 10 January 2010 6:35 UTC realtytaxconsultant.com [Source type: News]
.^ But I wouldn't do anything without good evidence that you and your brother are among the estimated 0.2% of all estates this year that might be subject to the tax.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ The money that goes into an escrow account is used to pay for expenses such as real estate taxes, property taxes, and homeowners insurance.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ Also, who decides, upon my parents' deaths, the value of the property in order to calculate the amount of inheritance tax?- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
.^ In terms of taking the gain and saving for your 8 year olds college education, I'd vote for putting at least some money into a 529 college savings plan.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ But you get the money this year (most likely late Spring/early summer) after filing your 2007 tax return.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ I know I can easily save for this tax payment throughout the year, and collect interest for myself.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
A similar tax on hearths existed in France and elsewhere, with similar results. The two most common type of event driven property taxes are
stamp duty, charged upon change of ownership, and
inheritance tax, which is imposed in many countries on the estates of the deceased.
.^ For instance, you may have some long-term capital losses to offset the gain.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ But I wouldn't do anything without good evidence that you and your brother are among the estimated 0.2% of all estates this year that might be subject to the tax.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ The money that goes into an escrow account is used to pay for expenses such as real estate taxes, property taxes, and homeowners insurance.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
Proponents of land value tax argue that it is economically justified, as it will not deter production, distort market mechanisms or otherwise create
deadweight losses the way other taxes do.
[22]
When real estate is held by a higher government unit or some other entity not subject to taxation by the local government, the taxing authority may receive a
payment in lieu of taxes to compensate it for some or all of the foregone tax revenue.
In many jurisdictions (including many American states), there is a general tax levied periodically on residents who own
personal property (personalty) within the jurisdiction. Vehicle and boat registration fees are subsets of this kind of tax.
.^ Large estate tax bills divert resources from investment and employment and often force families to develop environmentally sensitive land.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
^ There is an exception to this rule - the earned income tax credit which operates like a rebate."- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
Household goods are often exempt when kept or used within the household.
[23] Any otherwise non-exempt object can lose its exemption if regularly kept outside the household.
[23] .^ Most people who worry about the estate tax aren't subject to it.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ For better or worse, tens of thousands of people across the fifty states owe their involvement in the Tax Movement to Phil and his wife who are both now in prison.- Taxation 24 January 2010 18:29 UTC famguardian.org [Source type: Original source]
^ I am not fighting for the Bush tax cuts; I'm fighting the notion that people who are in favor of tax cuts are all a bunch of liars or loonie tunes.
[23] .^ Personal property tax roll .
^ Estimate of personal property tax roll .
^ As all are born the subjects of some state or other, we may be said to have been all born consenting to some system of government.- Taxation No Tyranny - Samuel Johnson 24 January 2010 18:29 UTC www.samueljohnson.com [Source type: Original source]
[23]Retirement tax
.^ Her last years' earnings were $1646, no federal or state taxes withheld, just social security and medicare.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ Ownership of the means of production doesn't really model the same way as an income tax, and at any rate the Soviet government did not take 100% of any worker's output.
^ The system is basically a unitary one that provides for the aggregation of all income accruing in or derived from Montserrat or elsewhere.
These often differ from comprehensive income taxes in that they are levied only on specific sources of income, generally wages and salary (in which case they are called
payroll taxes).
.^ Also, where a double tax treaty exists with a foreign country in which the taxes are payable, there are usually provisions for partial or total relief against Montserrat tax for any foreign taxes paid.
^ Both assume that reducing the amount going into your pre-tax retirement plan doesn't affect the company's contribution, which is incredibly valuable.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ A brand new car bought between Feb 16 and Dec 31 entitles you to make deductions from the sales tax or excise tax you paid for the vehicle.- Alltop - Top Taxes News 10 January 2010 6:35 UTC taxes.alltop.com [Source type: General]
Examples of retirement taxes include the
FICA tax, a payroll tax that is collected from employers and employees in the
United States to fund the country's
Social Security system; and the
National Insurance Contributions (NICs) collected from employers and employees in the
United Kingdom to fund the country's
national insurance system.
.^ In all of these cases, the effect of higher taxes isn't just that I'm able to buy less stuff, it's that the incentives of the tax code more strongly distort my behavior.
.^ To achieve the same compliance rate, the IRS would have to hire more agents, conduct more audits and investigations, and bring more people to court over alleged tax evasion.
^ You just pay Uncle Sam whatever you owe in taxes after the sale (and I'm assuming you'll own them for 5 years).- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ Over 700 questions with evidence proving irrefutably that there is no requirement to pay or file income taxes for most private persons.- Taxation 24 January 2010 18:29 UTC famguardian.org [Source type: Original source]
.^ There is no property tax, income tax, corporate tax, sales tax, capital gains tax, inheritance tax, or any other kind of direct taxation in the Caymans.- Expat Focus - Cayman Islands - Taxation 24 January 2010 18:29 UTC www.expatfocus.com [Source type: News]
^ Large estate tax bills divert resources from investment and employment and often force families to develop environmentally sensitive land.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
^ Unfortunately, statistics portraying tax policy changes as skewed often are released without disclosing the share of taxes actually paid by various income groups.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
.^ Essentially, the Montserrat relief is restricted to 50 percent of the lower of the Montserrat or foreign country income tax paid on the same income.
^ Low-wage workers, in particular, can expect to receive retirement benefits that exceed the amount of their payroll tax contributions.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
^ Generally speaking, tax credits only offset tax balances due - meaning if you have low income and owe nothing in tax, you get no benefit from a credit.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
Sales tax
.^ Those opposed to increasing sales and other taxes to solve the budget deficit say doing so during a recession will further strap consumers and business.- Realty Tax Consultant — Appeal Your Property Taxes 10 January 2010 6:35 UTC realtytaxconsultant.com [Source type: News]
^ Payment of tax on property sold at judicial sale or by fiduciary .
^ For example, I may agree that some taxation is necessary, but disagree over the means of levying them: some economists might argue for a sales tax rather than income tax, for example.- Free For All - The Free Liberal Blog: Is Taxation Voluntary? 24 January 2010 18:29 UTC www.freeliberal.com [Source type: Original source]
.^ It's going to be such a relief to know that we have an organization of tax professionals to handle all of our taxes and tax questions, both our personal taxes as well as our business.
.^ Arkansas residents who have unpaid Internal Revenue or IRS tax debt may be able to settle their federal tax debt for much less than they currently owe.- Alltop - Top Taxes News 10 January 2010 6:35 UTC taxes.alltop.com [Source type: General]
^ Opponents of tax cuts question whether they are compatible with a balanced budget.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
.^ When "income" is taxed at a higher rate, people do less of things that lead to "income," as that's defined by the government.
^ To achieve the same compliance rate, the IRS would have to hire more agents, conduct more audits and investigations, and bring more people to court over alleged tax evasion.
^ Myths and mistakes investors often make – Rather, the boost to household discretionary income from lower mortgage bills (as interest rates fall) and tax cuts or stimulus payments to households during recessions eventually offset the fear of unemployment for the bulk of people still employed.- Realty Tax Consultant — Appeal Your Property Taxes 10 January 2010 6:35 UTC realtytaxconsultant.com [Source type: News]
.^ Would this gift become "income" and therefore be subject to taxes?- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ Tax exemption for sales of food; nonexempt sales .
^ There is no property tax, income tax, corporate tax, sales tax, capital gains tax, inheritance tax, or any other kind of direct taxation in the Caymans.- Expat Focus - Cayman Islands - Taxation 24 January 2010 18:29 UTC www.expatfocus.com [Source type: News]
This is the classic "You pay for what you spend" tax, as only those who spend money on non-exempt (i.e. luxury) items pay the tax.
.^ There is no property tax, income tax, corporate tax, sales tax, capital gains tax, inheritance tax, or any other kind of direct taxation in the Caymans.- Expat Focus - Cayman Islands - Taxation 24 January 2010 18:29 UTC www.expatfocus.com [Source type: News]
^ Proportional income tax relief to those paying income taxes is fair and equitable.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
^ But the favorite tax target of most state revenue offices is Amazon.- Alltop - Top Taxes News 10 January 2010 6:35 UTC taxes.alltop.com [Source type: General]
.^ For better or worse, tens of thousands of people across the fifty states owe their involvement in the Tax Movement to Phil and his wife who are both now in prison.- Taxation 24 January 2010 18:29 UTC famguardian.org [Source type: Original source]
^ To achieve the same compliance rate, the IRS would have to hire more agents, conduct more audits and investigations, and bring more people to court over alleged tax evasion.
^ He persuaded a large grocery chain to allow him to post tags next to 750 of their products for three weeks, showing how much the item would cost after sales tax was added.
.^ There are ways to reduce the tax load in Vietnam especially for the entrepreneur and businessperson who wishes to build a business in the country.- Expat Focus - Vietnam - Taxation 24 January 2010 18:29 UTC www.expatfocus.com [Source type: News]
^ In an increasingly competitive world, lowering our marginal rates would reduce the burden of our tax system and help sustain our economic leadership.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
^ A Manual of the Direct and Excise Tax System of the United States -very good background on the way excise and direct taxes work.- Taxation 24 January 2010 18:29 UTC famguardian.org [Source type: Original source]
The U.S. states that do not levy a state income tax are Alaska, Tennessee, Florida, Nevada, South Dakota, Texas,
[24] Washington state, and Wyoming.
.^ US and Canada New Rental Property - Help help Help - Canadian-US-Global Income tax help - david ingram expert cross border non .- Alltop - Top Taxes News 10 January 2010 6:35 UTC taxes.alltop.com [Source type: General]
^ Sale of deferred tax liens to state; interest on lien .
^ Such dot-com spending habits are of great interest to state tax departments.- Alltop - Top Taxes News 10 January 2010 6:35 UTC taxes.alltop.com [Source type: General]
.^ We operate an office in the State of New York, therefore we must send in quarterly Sales Taxes for all purchases made in New York State, we have an annual Partnership Tax If you are considering Tax Specialists for your activities.
^ A brand new car bought between Feb 16 and Dec 31 entitles you to make deductions from the sales tax or excise tax you paid for the vehicle.- Alltop - Top Taxes News 10 January 2010 6:35 UTC taxes.alltop.com [Source type: General]
^ You can deduct local sales and state taxes on a new car purchase if you file jointly and make less than $250,000 or if you earn less than $125,000 for a single filer.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
Additional information can be obtained at the
Federation of Tax Administrators website.
In the United States, there is a growing movement
[25] for the replacement of all federal payroll and income taxes (both corporate and personal) with a national retail sales tax and monthly tax rebate to households of citizens and legal resident aliens. The tax proposal is named
FairTax.
.^ The service I receive from the tax club is really good.
^ As it stands now, the top 50% of income earners pay 96% of the federal income tax.- Is Taxation Theft? - Hit & Run : Reason Magazine 24 January 2010 18:29 UTC reason.com [Source type: Original source]
^ I've been on "information overload" with all of the calls/appointments to how best to utilize the Tax Club services.
The provinces of British Columbia, Saskatchewan, Manitoba, Ontario and Prince Edward Island also have a provincial sales tax [PST].
.^ A brand new car bought between Feb 16 and Dec 31 entitles you to make deductions from the sales tax or excise tax you paid for the vehicle.- Alltop - Top Taxes News 10 January 2010 6:35 UTC taxes.alltop.com [Source type: General]
^ Whatever system you want - progressive, sales tax, ow it's implemented etc etc - you AGREE taxes must be collected to pay for things for the common good.- Free For All - The Free Liberal Blog: Is Taxation Voluntary? 24 January 2010 18:29 UTC www.freeliberal.com [Source type: Original source]
^ The Seattle-based seller collects sales tax in just a few states.- Alltop - Top Taxes News 10 January 2010 6:35 UTC taxes.alltop.com [Source type: General]
.^ An unincorporated body of persons or an individual would pay business tax on their share of profits.
^ Over 700 questions with evidence proving irrefutably that there is no requirement to pay or file income taxes for most private persons.- Taxation 24 January 2010 18:29 UTC famguardian.org [Source type: Original source]
^ As noted resident individuals engaged in a business pay business tax on business profits.
Tariffs
.^ Customs duties are charged on a wide range of imported goods.
^ For manufactured goods, the tax is charged on their ex-factory value; for imported articles, it is charged as a percentage of the CIF value plus customs duty.
.^ They are governed by English laws, entitled to English dignities, regulated by English counsels, and protected by English arms; and it seems to follow, by consequence not easily avoided, that they are subject to English government, and chargeable by English taxation.- Taxation No Tyranny - Samuel Johnson 24 January 2010 18:29 UTC www.samueljohnson.com [Source type: Original source]
^ Utah taxpayers who have outstanding IRS tax debt may have several available IRS tax settlement options they can use to settle their debt.- Alltop - Top Taxes News 10 January 2010 6:35 UTC taxes.alltop.com [Source type: General]
^ Requirement for Equal Protection and Equal Treatment, Form #05.033 -Documents constraints upon the government in providing equal protection and equal treatment that you can use as evidence in legal proceedings.- Taxation 24 January 2010 18:29 UTC famguardian.org [Source type: Original source]
A proportion of tariff revenues is often hypothecated to pay government to maintain a navy or border police. The classic ways of cheating a tariff are
smuggling or declaring a false value of goods.
Tax, tariff and trade rules in modern times are usually set together because of their common impact on
industrial policy,
investment policy, and
agricultural policy. A
trade bloc is a group of allied countries agreeing to minimize or eliminate tariffs against trade with each other, and possibly to impose protective tariffs on imports from outside the bloc. A
customs union has a common external tariff, and, according to an agreed formula, the participating countries share the revenues from tariffs on goods entering the customs union.
Toll
A toll is a tax or fee charged to travel via a
road,
bridge,
tunnel,
canal,
waterway or other transportation facilities. Historically tolls have been used to pay for public bridge, road and tunnel projects. They have also been used in privately constructed transport links. The toll is likely to be a fixed charge, possibly graduated for vehicle type, or for distance on long routes.
Shunpiking is the practice of finding another route to avoid payment of tolls. In some situations where tolls were increased or felt to be unreasonably high, informal shunpiking by individuals escalated into a form of
boycott by regular users, with the goal of applying the financial stress of lost toll revenue to the authority determining the levy.
Transfer tax
Main article:
Transfer taxHistorically, in many countries, a contract needed to have a stamp affixed to make it valid.
.^ For manufactured goods, the tax is charged on their ex-factory value; for imported articles, it is charged as a percentage of the CIF value plus customs duty.
In most countries the stamp has been abolished but
stamp duty remains. Stamp duty is levied in the UK on the purchase of shares and securities, the issue of bearer instruments, and certain partnership transactions. Its modern derivatives,
stamp duty reserve tax and
stamp duty land tax, are respectively charged on transactions involving securities and land. Stamp duty has the effect of discouraging speculative purchases of assets by decreasing liquidity. In the
United States transfer tax is often charged by the state or local government and (in the case of real property transfers) can be tied to the recording of the deed or other transfer documents.
Value Added Tax / Goods and Services Tax
.^ Due to the difficulty in determining the value added by certain businesses for the purpose of VAT imposition, an alternative tax levy on services, especially in the financial services sectors, was introduced in tandem with the VAT regime.- Legal Issues for Investors : Taxation 24 January 2010 18:29 UTC www.boi.go.th [Source type: FILTERED WITH BAYES]
^ In the case of imported goods, VAT return and tax payment must be submitted to the Customs Department at the point of import.- Legal Issues for Investors : Taxation 24 January 2010 18:29 UTC www.boi.go.th [Source type: FILTERED WITH BAYES]
^ Certain businesses are excluded from VAT and are instead subject to Specific Business Tax (SBT).- Legal Issues for Investors : Taxation 24 January 2010 18:29 UTC www.boi.go.th [Source type: FILTERED WITH BAYES]
To give an example, sheet steel is imported by a machine manufacturer. That manufacturer will pay the VAT on the purchase price, remitting that amount to the government.
.^ Or Sell before the Ex-Div date, receive the higher pre-Ex-Div price and forego the dividend?- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
.^ MORE DOMESTIC OIL and Gas Exploration and GET off CORN ETHANOL which is just adding to higher cost of living for food!!..- Free For All - The Free Liberal Blog: Is Taxation Voluntary? 24 January 2010 18:29 UTC www.freeliberal.com [Source type: Original source]
^ The smokers will end up paying higher prices reflecting the costs of the licenses.- Realty Tax Consultant — Appeal Your Property Taxes 10 January 2010 6:35 UTC realtytaxconsultant.com [Source type: News]
^ The duty thus determined is added to the value of the goods determined with reference to the CIP price.- Legal Issues for Investors : Taxation 24 January 2010 18:29 UTC www.boi.go.th [Source type: FILTERED WITH BAYES]
.^ On top of that the management service can not only justifty itself but takes its charges one way or another in relation to the total budget of the operation.- Realty Tax Consultant — Appeal Your Property Taxes 10 January 2010 6:35 UTC realtytaxconsultant.com [Source type: News]
.^ The rates of tax applicable are the same as for an indiviual.
^ WASHINGTON, D.C. - This report shows that it is America's small business owners who bear most of the burden of the 1993 tax rate increase.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
^ Gains on the sale of assets are taxable to the extent of tax depreciation previously claimed.
.^ In the case of imported goods, VAT return and tax payment must be submitted to the Customs Department at the point of import.- Legal Issues for Investors : Taxation 24 January 2010 18:29 UTC www.boi.go.th [Source type: FILTERED WITH BAYES]
^ Each month, if input tax exceeds output tax, the taxpayer can claim a refund, either in the form of cash or in the form of a tax credit to be used in the following months.- Legal Issues for Investors : Taxation 24 January 2010 18:29 UTC www.boi.go.th [Source type: FILTERED WITH BAYES]
^ VAT return (Form VAT 30) together with tax payment, if any, must be submitted to the Area Revenue Branch Office within 15 days of the following month.- Legal Issues for Investors : Taxation 24 January 2010 18:29 UTC www.boi.go.th [Source type: FILTERED WITH BAYES]
.^ He's a confused idiot not only about the difference between the terms voluntary and free will but about the actual tax law.- Free For All - The Free Liberal Blog: Is Taxation Voluntary? 24 January 2010 18:29 UTC www.freeliberal.com [Source type: Original source]
^ Each month, if input tax exceeds output tax, the taxpayer can claim a refund, either in the form of cash or in the form of a tax credit to be used in the following months.- Legal Issues for Investors : Taxation 24 January 2010 18:29 UTC www.boi.go.th [Source type: FILTERED WITH BAYES]
^ Here what he says: "There's an often overlooked difference between "tax credits" and "tax rebates".- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
.^ The IRS has sole authority not only to collect federal taxes but to decide how much money they are willing to accept to settle tax debt.- Alltop - Top Taxes News 10 January 2010 6:35 UTC taxes.alltop.com [Source type: General]
^ Each month, if input tax exceeds output tax, the taxpayer can claim a refund, either in the form of cash or in the form of a tax credit to be used in the following months.- Legal Issues for Investors : Taxation 24 January 2010 18:29 UTC www.boi.go.th [Source type: FILTERED WITH BAYES]
^ The money will be paid back to the city through property taxes over four or five years … .- Realty Tax Consultant — Appeal Your Property Taxes 10 January 2010 6:35 UTC realtytaxconsultant.com [Source type: News]
VAT was historically used to counter
evasion in a sales tax or excise.
.^ In addition, a lower capital gains tax rate would improve the efficiency of capital markets and benefit the entire economy.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
^ CNNMoney: Obama: Tax cuts help workers and economy .- Taxes: News & Videos about Taxes - CNN.com 10 January 2010 6:35 UTC topics.cnn.com [Source type: News]
However, forged invoices and similar evasion methods have demonstrated that there are always those who will attempt to evade taxation
Wealth (net worth) tax
Some countries' governments will require declaration of the tax payers'
balance sheet (assets and liabilities), and from that exact a tax on
net worth (assets minus liabilities), as a percentage of the net worth, or a percentage of the net worth exceeding a certain level. The tax is in place for both "
natural" and in some cases
legal "persons".
Ethics of taxation
Ethical basis of taxation
.^ Although the size of the government has become the most important policy difference between the left and right in postwar politics, the formation of the government's funding base has not been explored.- taxation - Lulu.com 24 January 2010 18:29 UTC www.lulu.com [Source type: General]
^ For most Americans, Wednesday is the day they have to make sure they're square with the tax man.- Tax Policy: News & Videos about Tax Policy - CNN.com 10 January 2010 6:35 UTC topics.cnn.com [Source type: News]
^ Most people who pay federal income tax are not liable under the tax laws so technically they "volunteer".- Free For All - The Free Liberal Blog: Is Taxation Voluntary? 24 January 2010 18:29 UTC www.freeliberal.com [Source type: Original source]
Additionally,
progressive taxation can be used to reduce
economic inequality in a society. According to this view, taxation in modern nation-states benefit the majority of the population and
social development.
[26] A common presentation of this view, paraphrasing various statements by
Oliver Wendell Holmes, Jr. is "Taxes are the price of civilization".
[27]
.^ American society has decided as a whole to collect taxes.- Free For All - The Free Liberal Blog: Is Taxation Voluntary? 24 January 2010 18:29 UTC www.freeliberal.com [Source type: Original source]
^ The IRS has sole authority not only to collect federal taxes but to decide how much money they are willing to accept to settle tax debt.- Alltop - Top Taxes News 10 January 2010 6:35 UTC taxes.alltop.com [Source type: General]
^ This security tax should be offset by tax policy, such as the relief provided under several core components of the Economic Security and Recovery Act of 2001 (H.R. 3090).- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
[28] The
American Revolution's "
No taxation without representation" slogan implied this view. For traditional
conservatives, the payment of taxation is justified as part of the general obligations of citizens to obey the law and support established institutions. The conservative position is encapsulated in perhaps the most famous
adage of
public finance, "An old tax is a good tax".
[29] Conservatives advocate the "fundamental conservative premise that no one should be excused from paying for government, lest they come to believe that government is costless to them with the certain consequence that they will demand more government 'services'."
[1].
Social democrats generally favor higher levels of taxation to fund public provision of a wide range of services such as universal
health care and education, as well as the provision of a range of
welfare benefits.
[30] As argued by
Tony Crosland and others, the capacity to tax income from capital is a central element of the social democratic case for a
mixed economy as against
Marxist arguments for comprehensive public ownership of capital. Many
libertarians recommend a minimal level of taxation in order to maximize the protection of
liberty.
Compulsory taxation of individuals, such as
income tax, is often justified on grounds including territorial
sovereignty, and the
social contract.
.^ Here's the rub: Congress and the White House cut a deal in the negotiations for the 2001 income tax cut that increased the amount that individuals can leave to heir's tax free.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ US Individual Income Tax Declaration for IRS e-file return .- IRS Tax Forms - Federal Tax Forms - State Tax Forms - IRS Form 1040 - Free Tax Filing 10 January 2010 6:35 UTC www.esmarttax.com [Source type: Reference]
^ WASHINGTON, D.C. - The alternative minimum tax (AMT) for individuals is a separate system of income taxation that operates in parallel to the regular income tax.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
[31] Georgist economists argue that all of the economic rent collected from natural resources (land, mineral extraction, fishing quotas, etc.) is unearned income, and belong to the community rather than any individual.
.^ There are no other taxes on the income of a corporation resident in Montserrat.
^ Large estate tax bills divert resources from investment and employment and often force families to develop environmentally sensitive land.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
^ Income tax [electronic resource] : a concise exposition of the law and practice thereof, with instructions as to filling up and returning the necessary forms : to which is prefixed a short thesis on direct and indirect taxation, with forms / by Thomas C. .
Optimal taxation theory
Main article:
Optimal tax.^ Most people don't need to be concerned about it because the amount exempted from the tax is so large.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ If you want to know MOST of the government's tax litigation tactics, you can refer to the DOJ Tax Division Criminal Tax Manual .- Taxation 24 January 2010 18:29 UTC famguardian.org [Source type: Original source]
^ Your annual tax liability is fairly small, most reflecting dividends payments.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
.^ What is your advice for how we can best protect our 401-k and IRA money so it isn't taxed to exhaustion when the time comes for us to take distributions?- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ Theory of taxation and public economics / Louis Kaplow.
^ Lectures on the economic theory of taxation : economic reform, socially optimal piecemeal consumption taxation structures and information / Alan Martina.
Ramsey problem deals with minimising deadweight costs. Because deadweight costs are related to the
elasticity of supply and demand for a good, it follows that putting the highest tax rates on the goods for which there is most inelastic supply and demand will result in the least overall deadweight costs.
.^ Richard Whiting's broad-ranging, lucid and readable study examines how Labour used tax to further its political aims of funding welfare, managing the economy, promoting fairness and achieving greater equality.- taxation - Lulu.com 24 January 2010 18:29 UTC www.lulu.com [Source type: General]
^ Lectures on the economic theory of taxation : economic reform, socially optimal piecemeal consumption taxation structures and information / Alan Martina.
^ For example, I may agree that some taxation is necessary, but disagree over the means of levying them: some economists might argue for a sales tax rather than income tax, for example.- Free For All - The Free Liberal Blog: Is Taxation Voluntary? 24 January 2010 18:29 UTC www.freeliberal.com [Source type: Original source]
If individuals experience
diminishing returns from income, then the optimum distribution of income for society involves a progressive income tax.
.^ How did we get along for the first 120 years without an income tax?- Free For All - The Free Liberal Blog: Is Taxation Voluntary? 24 January 2010 18:29 UTC www.freeliberal.com [Source type: Original source]
^ "The data publicly released by the JEC today reflect the steeply progressive impact of the federal income tax," Saxton said.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
^ "These data must be considered before any valid distributional evaluation of various income tax proposals can be made.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
.^ Lectures on the economic theory of taxation : economic reform, socially optimal piecemeal consumption taxation structures and information / Alan Martina.
^ WASHINGTON, D.C. - As discussion continues over the federal government's budget for fiscal year 2000, a large number of political leaders are calling for some form of tax relief.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
^ Birkenfeld pleaded guilty last year to helping many of his clients, including billionaire Igor Olenicoff, evade taxes.- Alltop - Top Taxes News 10 January 2010 6:35 UTC taxes.alltop.com [Source type: General]
Canegrati (2007) demonstrated that if we move from the assumption that governments do not maximise the welfare of society but the probability of winning elections, the tax rates in equilibrium are lower for the most powerful groups of society, instead of being the lowest for the poorest as in the optimal theory of direct taxation developed by Atkinson and
Joseph Stiglitz. See
Canegrati's formulae
Views opposed to taxation
Because payment of tax is compulsory and enforced by the legal system, some political philosophies view
taxation as theft (or as a violation of
property rights), or tyranny, accusing the government of levying taxes via
force and
coercive means
[32].
Individualist anarchists,
objectivists,
anarcho-capitalists, and
libertarians see taxation as government aggression (see
zero aggression principle). The view that democracy legitimizes taxation is rejected by those who argue that all forms of government, including laws chosen by democratic means, are fundamentally oppressive. According to
Ludwig von Mises, "society as a whole" should not make such decisions, due to
methodological individualism.
[33] Libertarian opponents of taxation claim that governmental protection, such as police and defense forces might be replaced by
market alternatives such as
private defense agencies,
arbitration agencies or
voluntary contributions.
[34] Walter E. Williams, professor of economics at George Mason University, stated "Government income redistribution programs produce the same result as theft. In fact, that's what a thief does; he redistributes income. The difference between government and thievery is mostly a matter of legality."
[35]Discourse surrounding taxation generally places an emphasis on the intended benefits; healthcare, schools and so on, but rarely points to the harm caused by forced removal of possessions.
Taxation has also been opposed by
communists and
socialists.
Karl Marx assumed that taxation would be unnecessary after the advent of communism and looked forward to the "withering away of the state". In socialist economies such as that of China, taxation played a minor role, since most government income was derived from the ownership of enterprises, and it was argued by some that taxation was not necessary.
[36] While the morality of taxation is sometimes questioned, most arguments about taxation revolve around the degree and method of taxation and associated
government spending, not taxation itself.
Effects of income taxation on division of labor
If a tax is paid on outsourced services that is not also charged on services performed for oneself, then it may be cheaper to perform the services oneself than to pay someone else — even considering losses in economic efficiency.
[37][38]For example, suppose jobs A and B are both valued at $1 on the market.
.^ Smart Tax contains all of the common forms and schedules you will need to easily and conveniently complete your taxes.- IRS Tax Forms - Federal Tax Forms - State Tax Forms - IRS Form 1040 - Free Tax Filing 10 January 2010 6:35 UTC www.esmarttax.com [Source type: Reference]
^ The same goes with the company you've chosen to place your rollover IRA. And if you put the money into a comparable investment you shouldn't take much of a hit on the transfer, either.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ Here's why: Up until now, you could only convert a traditional IRA into a Roth-IRA if your modified gross adjusted income was under $100,000.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
.^ I have been researching the companies that you see on television and so far all but 2 have an F rating with the BBB. I was wondering what your advice would be about them or using a group like this in general.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ That your company would empower you to take care of your clients in this manner speaks volumes to the Tax Club's commitment to small business success.
^ Answer: With the scenario you've laid out you would come under the capital gain and capital loss rules.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
.^ Marginal individual income tax rate reductions clearly stimulate aggregate consumption and labor force participation, but their stimulative effects on aggregate investment have been disputed.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
^ One form of bias is the multiple taxation of saving and investment under various provisions of the current income tax structure.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
^ The NJ Division of Taxation website has an excellent “2009 Income Tax Info” page with links to all kinds of resources.- Alltop - Top Taxes News 10 January 2010 6:35 UTC taxes.alltop.com [Source type: General]
Suppose that the person doing job B is actually interested in having job A done for him.
.^ How are you forced to pay taxes?- Free For All - The Free Liberal Blog: Is Taxation Voluntary? 24 January 2010 18:29 UTC www.freeliberal.com [Source type: Original source]
^ You are REQUIRED to file your taxes.- Free For All - The Free Liberal Blog: Is Taxation Voluntary? 24 January 2010 18:29 UTC www.freeliberal.com [Source type: Original source]
^ You get a tax break on your contributions.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
.^ How are you forced to pay taxes?- Free For All - The Free Liberal Blog: Is Taxation Voluntary? 24 January 2010 18:29 UTC www.freeliberal.com [Source type: Original source]
^ It's also important to have other savings on hand to pay the tax bill.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ That does in fact mean you are forced to pay your taxes.- Free For All - The Free Liberal Blog: Is Taxation Voluntary? 24 January 2010 18:29 UTC www.freeliberal.com [Source type: Original source]
.^ You're the one who's babbling.- Free For All - The Free Liberal Blog: Is Taxation Voluntary? 24 January 2010 18:29 UTC www.freeliberal.com [Source type: Original source]
^ Your Mom is in a lower tax bracket than you're in.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ Our knowledgeable staff offers a wide range of Income Tax Refunds in more than 12 countries.- International Tax Refunds - Tax Return Services, Income Tax Refund 10 January 2010 6:35 UTC internationaltaxrefunds.com [Source type: News]
.^ The gain would not be subject to capital taxes.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
^ Misclassifying contractors or even temporary laborers that the IRS feels should be treated as employees can cost you big dollars in payroll taxes, penalties, and interest.- Alltop - Top Taxes News 10 January 2010 6:35 UTC taxes.alltop.com [Source type: General]
^ Would it be better for me to sell it, pay the capital gains taxes, and have her rebuy it with the proceeds?- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
.^ In addition, a lower capital gains tax rate would improve the efficiency of capital markets and benefit the entire economy.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
^ Furthermore, failure to adjust capital gains for inflation results in excessively high effective capital gains tax rates, imposing an unfair burden on taxpayers even when the inflation rate is relatively low.- Taxation 24 January 2010 18:29 UTC www.house.gov [Source type: FILTERED WITH BAYES]
^ Answer: Yes, short-term gains are taxed at your ordinary income tax rate.- Taxes entries | Getting Personal | Marketplace from American Public Media 10 January 2010 6:35 UTC www.publicradio.org [Source type: General]
[39]
See also
By country or region
Notes
- ^ a b Black's Law Dictionary, p. 1307 (5th ed. 1979).
- ^ See, e.g., 26 U.S.C. § 7203 in the case of U.S. Federal taxes.
- ^ a b c d "Tax havens cause poverty". Tax Justice Network. http://www.taxjustice.net/cms/front_content.php?. Retrieved 2007-09-30.
- ^ Cobham, Alex (2007-01). "The tax consensus has failed!". The Oxford Council on Good Governance. http://www.oxfordgovernance.org/fileadmin/Publications/ER008.pdf. Retrieved 2007-09-30.
- ^ Ross, Michael, L. (2007-01-27). "Does Taxation Lead to Representation?". UCLA Department of Political Science. http://www.polisci.ucla.edu/faculty/ross/taxrep.pdf. Retrieved 2007-09-30.
- ^ "Internal Revenue Service". 64.233.169.104. http://64.233.169.104/search?q=cache:zqosOQwOAQUJ:www.irs.gov/app/understandingTaxes/jsp/whys/lp/IWT5L1lp.jsp. Retrieved 2009-03-27.
- ^ "luxury tax - Britannica Online Encyclopedia". Concise.britannica.com. http://concise.britannica.com/ebc/article-9370763/luxury-tax. Retrieved 2009-03-27.
- ^ jstor.org
- ^ "University of Chicago: Department of Economics". Economics.uchicago.edu. 2009-01-05. http://economics.uchicago.edu/research.shtml. Retrieved 2009-03-27.
- ^ Parkin, Michael (2006), Principles of Microeconomics, p. 134.
- ^ Taxes in the Ancient World, University of Pennsylvania Almanac, Vol. 48, No. 28, April 2, 2002
- ^ Olmert, Michael (1996). Milton's Teeth and Ovid's Umbrella: Curiouser & Curiouser Adventures in History, p.41. Simon & Schuster, New York. ISBN 0-684-80164-7.
- ^ Hoffman, Phillipe and Kathryn Norberg (1994), Fiscal Crises, Liberty, and Representative Government, 1450-1789, p. 238.
- ^ Hoffman, Phillipe and Kathryn Norberg (1994), Fiscal Crises, Liberty, and Representative Government, 1450-1789, p. 300 .
- ^ "OECD national accounts". http://www.oecd.org/topicstatsportal/0,2647,en_2825_495684_1_1_1_1_1,00.html. Retrieved 2007-03-01.
- ^ Tax/Spending Burden, Forbes magazine, 05-24-04
- ^ "Land Value Taxation: An Applied Analysis, William J. McCluskey, Riël C. D. Franzsen". Books.google.com. http://books.google.com/books?id=jkogP2U4k0AC&pg=PA73&lpg=PA73&dq=disadvantages+of+land+value+taxation&source=web&ots=Yn2x3XN3gf&sig=tr_q00vD3k9bSE4S3YLY5Qznms8#PPA4,M1. Retrieved 2009-03-27.
- ^ The OECD Classification of Taxes and Interpretative Guide, Organisation for Economic Co-operation and Development, 2004
- ^ http://www.ssc.uwo.ca/economics/econref/workingpapers/researchreports/wp2000/wp2000_1.pdf
- ^ "Tax Facts | Tax Facts Listing". Taxpolicycenter.org. http://www.taxpolicycenter.org/TaxFacts/listdocs.cfm?topic2id=60. Retrieved 2009-03-27.
- ^ Steven H. Gifis, Law Dictionary (Barron's), p. 471 (2d ed. 1984).
- ^ McCluskey, William J.; Franzsen, Riël C. D. (2005), Land Value Taxation: An Applied Analysis, Ashgate Publishing, Ltd., p. 4, ISBN 0754614905, http://books.google.com/books?id=jkogP2U4k0AC&pg=PA73&lpg=PA73&dq=disadvantages+of+land+value+taxation&source=web&ots=Yn2x3XN3gf&sig=tr_q00vD3k9bSE4S3YLY5Qznms8#PPA4,M1
- ^ a b c d "TPC Tax Topics | Federal Budget". Taxpolicycenter.org. http://www.taxpolicycenter.org/taxtopics/budget.cfm. Retrieved 2009-03-27.
- ^ Although Texas has no individual income tax, the state does impose a franchise tax—soon to be replaced by a margin tax—on business activity that, while not denominated as an income tax, is in substance a kind of income tax.
- ^ "Economist.com". Economist.com. http://www.economist.com/business/displaystory.cfm?story_id=13110436. Retrieved 2009-03-27.
- ^ Population and Social Integration Section (PSIS), United Nations Social and Economic Commission for Asia and the Pacific
- ^ "Quote it Completely!". Books.google.com.au. http://books.google.com.au/books?id=kjwVASsTUm0C&pg=PA1045&lpg=PA1045&dq=taxation+price+civilisation+holmes+quote&source=web&ots=DoGoSChnNa&sig=jPjtYiCWTYkJeSSVgSlwtMha37Q&hl=en&sa=X&oi=book_result&resnum=2&ct=result#PPA1046,M1. Retrieved 2009-03-27.
- ^ Logue, Danielle. 2009. "Moving policy forward: 'brain drain' as a wicked problem." Globalisation, Societies & Education 7, no. 1: 41-50. Academic Search Premier, EBSCOhost. Retrieved February 18, 2009.
- ^ "Tax History Project: The Depression and Reform: FDR's Search for Tax Revision in N.Y. (Copyright, 2003, Tax Analysts)". http://www.taxhistory.org/thp/readings.nsf/ArtWeb/44DC64199FBB0ED885256DFE005981FE?OpenDocument.
- ^ Ruiz del Portal, X. 2009. "A general principal–agent setting with non-differentiable mechanisms: Some examples." Mathematical Social Sciences 57, no. 2: 262-278. Academic Search Premier, EBSCOhost . Retrieved February 18, 2009.
- ^ Van Der Graaf, Rieke, and Johannes J. M. Van Delden. 2009. Clarifying appeals to dignity in medical ethics from an historical perspective. Bioethics 23, no. 3: 151-160. Academic Search Premier, EBSCOhost. Retrieved February 18, 2009.
- ^ For an overview of the classical liberal perspective on taxation see www.irefeurope.org
- ^ Human Action Chapter II. Sec. 4. The Principle of Methodological Individualism by Ludwig von Mises
- ^ Spencer Heath MacCallum (2007-09-12). "The Rule of Law Without the State,". Ludwig Von Mises Institute. http://www.mises.org/story/2701. Retrieved 2008-08-16.
- ^ Williams, Walter E. (2008-08-06). "Government theft, American-style". WorldNetDaily. http://www.worldnetdaily.com/index.php?pageId=71517. Retrieved 2008-09-11.
- ^ Li, Jinyan (1991). Taxation in the People's Republic of China. New York: Praeger. ISBN 0-275-93688-0.
- ^ Johnsson, Richard. "Taxation and Domestic Free Trade". Ideas.repec.org. http://ideas.repec.org/p/hhs/ratioi/0040.html. Retrieved 2009-03-27.
- ^ Corsi, Jerome, 2007. "The VAT: Menace to Free Trade", WorldNetDaily Exclusive Commentary, WorldNetDaily, February 3, 2007
- ^ Johnsson, Richard, 2004. "Taxation and Domestic Free Trade," Ratio Working Papers 40, The Ratio Institute, revised June 7, 2004.
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