It’s viewable which they do not attend to us. They go on to outlay income you do not have, which you will have to compensate earlier or later.
How can you criticism this by entertainment a taxation criticism whilst still abiding by a law? Any ideas?
The idea is to de-fund Washington in ways which have been authorised nonetheless really powerful. we consider it competence be simpler to do this with internal taxes some-more than sovereign (like usually shopping online to equivocate sales tax, equivocate all fee roads etc).
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Comments: 17 comments
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DUH! Just print mo money
April 26th, 2010 at 11:29 pm
National Don’t Pay Your Taxes Day, April 15th. That would definitely send a message if NOBODY paid their taxes. But people are too chicken sh!t to do that.
Reality has a Liberal Bias
April 26th, 2010 at 11:29 pm
GDP growth is a POSITIVE 5.7% (the highest growth in 6 years), after falling to NEGATIVE 6.4% under Bush.
Matt W
April 26th, 2010 at 11:29 pm
The only true remedy is at the ballot box.
madmoney
April 26th, 2010 at 11:29 pm
just do what Turbo Tax Timmy did.
Cheat
Keith M
April 26th, 2010 at 11:29 pm
Obama is doing exactly that.
He is cutting spending and cutting taxes for the guys who create jobs.
Think Outside the Ballot Box
April 26th, 2010 at 11:29 pm
Abiding by the law is where you hit a dead end.
They ignore peaceful protests…
Frizzle Fry
April 26th, 2010 at 11:29 pm
We should all just stop paying taxes. After all, the Treasury Secretary didn’t. He’s also in charge of the IRS, that is some pretty blatant eliteism
Printing our way to wealth
April 26th, 2010 at 11:29 pm
Follow Washington’s lead – Hire Tax Cheats to run your business – Obama did……………
Mr. Wolf
April 26th, 2010 at 11:29 pm
Individual Tax Cuts:
1. "Making Work Pay" Tax Credit (Sec. 1001, Page 195). In tax years 2009 and 2010, the Making Work Pay provision will provide a refundable tax credit of 6.2 percent of earned income up to $400 for individuals and up to $800 for married taxpayers filing joint returns.
2. Increase in the Earned Income Tax Credit (Sec. 1002, Page 198). Go to the stimulus bill for all the details, but it essentially expands this benefit for the working poor.
3. Increased Eligibility for the Refundable Portion of Child Credit (Sec. 1003, Page 199). In 2009 and 2010, families who don’t earn enough to pay income tax would be eligible to claim the $1,000 child credit.
4. "American Opportunity" Education Tax Credit (Sec. 1004, Page 199). Increases the Hope Scholarship Credit to $2,500.
5. Refundable First-time Home Buyer Credit. (Sec. 1006, Page 202). This extended and increased the first-time home buyer tax credit from $7,500 to $8,000.
6. Temporary Suspension of Taxation of Unemployment Benefits (Sec. 1007, Page 203). This exempts from taxable gross income the first $2,400 of unemployment benefits.
7. Tax Credits for Energy-Efficient Improvements to Existing Homes (Sec. 1121, Page 208). This provides up to a $1,500 tax credit for qualified energy efficiency improvements.
8. Sales Tax Deduction for Vehicle Purchases (Sec. 1008, Page 203). This allows people to write off state and local sales taxes related to the purchase of a new vehicle costing up to $49,500.
9. Premium Credits for COBRA Continuation Coverage for Unemployed Workers (Sec. 6432, Page 348)
10. Economic Recovery Credits to Recipients of Social Security, SSI, Railroad Retirement and Veterans Disability Compensation Benefits (Sec. 2201, Page 336). This was a $250 payment for senior citizens, disabled veterans and disabled people living on Social Security benefits.
11. Computers as Qualified Education Expenses in 529 Education Plans (Sec. 1005, Page 202). This allows college students to write off the expense of computers and software, provided it’s for educational purpose and not for games.
12. Plug-in Electric Drive Vehicle Credit (Sec. 1141, Page 212). Allows purchasers of plug-in electric vehicles to write off up to $5,000 of their purchase (depending on the power of the battery).
13. Tax Parity for Transit Benefits (sec. 1151, Page 219). This relates to an increased exclusion amount for commuter transit benefits and transit passes.
14. Health Coverage Tax Credit Expansion (Sec. 1899, Page 309).
Small Business Tax Cuts:
1. Extension of Enhanced Small Business Expensing (Sec. 1202, Page 221). This is a temporary increase in limitations on expensing some depreciable business assets.
2. 5-Year Carryback of Net Operating Losses for Small Businesses (Sec. 1211, Page 221).
3. Extension of Bonus Depreciation (Sec. 1201, Page 220). This extends by a year election to accelerate the AMT and Research Credits in lieu of bonus depreciation.
4. Exclusion of 75% of Small Business Capital Gains from Taxes (Sec. 1241, Page 228).
5. Temporary Small Business Estimated Tax Payment Relief (Sec. 1212, Page 222).
6. Temporary Reduction of S Corporation Built-In Gains Holding Period from 10 Years to 7 Years (Sec. 1251, Page 228).
Other Business Tax Cuts:
1. Advanced Energy Investment Credit (Sec. 1302, Page 231). This relates to properties designed to reduce greenhouse gas emissions, such as those that produce
energy from the sun, wind, geothermal deposits, fuel cells, microturbines, or an energy storage system for use with electric or hybrid-electric vehicles.
2. Tax Credits for Alternative Refueling Property (Sec. 1123, Page 211). This is a temporary increase for alternative fuel vehicle refueling businesses.
3. Work Opportunity Tax Credits for Hiring Unemployed Veterans and Disconnected Youth (Sec. 1221, Page 223). This is a tax credit to provide incentive to businesses to hire unemployed veterans and "disconnected youth." That latter term is defined, in part, as young adults "not readily employable by reason of lacking a sufficient number of basic skills."
4. Delayed Recognition of Certain Cancellation of Debt Income (Sec. 1231, Page 224).
5. Election to Accelerate Recognition of Historic AMT/R&D Credits (Sec. 1201, Page 220).
Grand total of 25 tax cuts by President Obama
Don M
April 26th, 2010 at 11:29 pm
The Tea Parties were a great start. The elections in Virginia, New Jersey and Massachusetts also sent a message. But nothing like the message that will be sent this November! Hehehe…
Demsmierda
April 26th, 2010 at 11:29 pm
Good ideas.
But Support the Tea Parties.
They have done More than any group in History.
Except the Original Tea Parties.
Pluto C. Rat
April 26th, 2010 at 11:29 pm
Your forefathers had tea parties – but they did not abide by the law.
The law is always put there for a reason, Kunta Kinte.
wyldfyr
April 26th, 2010 at 11:29 pm
You can go out in the woods and live in a cave.
Josh
April 26th, 2010 at 11:29 pm
You should realize that by doing those things locally as you talked about, you will only be hurting your state. The only funds the federal government uses to federal taxes. States put taxes on gasoline, so you could just stop driving. It’s only going to hurt the locality in which you are doing this. There is no legal way to avoid taxes with income. You could however quit your job, then you wouldn’t have to pay taxes.
The federal government was given constitutional power to go into debt so that they could spend money they don’t have. Debt is ALWAYS going to exist. The government is not a regular household with credit cards. The money they spend on government program and state funding is money that is necessary to keep the economy going. Do not compare the government with the responsibility of the individual, you will be highly disappointed. The fed still has the ability to borrow at a decent interest rate and will continue to be such. In times of war and economic disparity, the deficit will increase, in times of peace and prosperity, the deficit will decrease. By decreasing spending during bad times because people think that the government should live by the standards of individuals, which it should not, it will only add to the economic problems. The government does have a role in our economy and they need to use it.
cattledog
April 26th, 2010 at 11:29 pm
I seriously doubt that you are making over 250K…. that is the only income bracket that is going to be paying more in taxes. Gasoline taxes? Maybe, but we have always had that tax periodically raised… that is nothing new. Corporate tax increases for those that benfitted from the stimulus? I have no problem with that.
When we have 2 huge military occupations going on and unemployment hovering around 10% I don’t have a problem with paying a little more in taxes…. and that is just for the wars. We have never had tax cuts during a war until George W Bush came into office and look how he left the economy. We can not borrow money for war and now we are paying for it today. My problem with the current administration is that they still want to to borrow money for military occupations (just like Bush) because the baby boomer generation does not feel like they have to pay for the military. I blame the American people just as much as I blame our leaders. We just seem to expect our federal highways, veterans benefits, military, and other federal services to be completely free while wanting to remain a superpower.
Crash
April 26th, 2010 at 11:29 pm
First off, the Constitution states our monies are only to be taxed once. Look at your paystub and tell me this is adhered to. Secondly, the only way to end taxation without representation is to stop paying taxes altogether. Find a job with the U.T.T. corp. and stay as under the radar as possible. If you`re a liberal, well that`s your problem, can`t help you there, no answer would satisfy you. The only way to successfully protest taxes is to have EVERYONE stop paying them. After all, the head of the I.R.S. is still doing it. We should too! Stand up with me you spineless fools. Quit supporting what`s not working!!!
TC
May 10th, 2010 at 3:35 pm
FIRST OFF: BHO did NOT make those ‘so called’ tax cuts. Many just started with tax yr 2009.
AND for a family of four, who made a combined 53k reportable: we paid in 12k – HOW is that a tax cut!? we paid MORE this year (no matter what BHO says: his tax cuts are NON existent for those that really ARE paying in) than in 2008.
So don’t push your love for the ‘one’ – the REAL people are NOT going to feel you because BHO is so far up our butt.
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