LovingNcruelMs
Posts: 21
Joined: 6/16/2006 Status: offline
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Since there are 9 pages of replies I am not sure if anyone has already pointed this out but..........ONLY people who EARN an income have to pay income taxes. also unless everyone has missed it, there are so MANY LOOP HOLES in the tax code that most of that 5% really don't pay the tax rate they should be paying. ( Just ask Warren Buffet) note to the person who said "I don't know how but I always got a full tax refund", that is because like with the rich (BUT TO A MUCH SMALLER DEGREE) anyone that works has deductions they can make on their returns which make it possible to end up paying $0 taxes at the end of the year. as for Joe the plumber, if he did start his new buisness next year he can look forward to a $3,000 tax credit per new employee he hires, and as anyone who owns a business knows can deduct the cost of his set up loan, the cost of building or updating his office space, his cellphone, his tools, his mileage any research material, any classes he needs to take or licensing fees, and he will also gets a ton of other credits from his state and city as a new business owner. This usually means that unless you have a really horrid accountant, you should end up paying no taxes after all your deductions and cost are figured in. And if you have a really good accountant he will get you a refund of some kind, since no one ever shows a profit on their books for the first few years. Lastly I know the rabid republican AMERICANS I put it in capitals because they are the ones who sing the star spangle banner at the drop of a hat, feel the need to chant USA, USA, USA at most rallies (which) hints that only they are true americans, but their guy (Bush) ran up their credit card bill and it is now time to pay it, or would you rather turn the country over to the Chineses and the Arabs who are the one we got our credit from. There is no other way but to raise taxes to make bigger payments to our creditors to get out of debt. ~Mistress Angeoline~
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