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Originally posted by scientist
reply to post by BlueRaja
you lost me.
Originally posted by BlueRaja
Originally posted by scientist
reply to post by BlueRaja
you lost me.
I was using sarcasm in pointing out the fallacy of claiming the "elites" aren't paying their share of taxes.
Originally posted by Crakeur
reply to post by Kaiser Sohse
payroll is withheld on the spot and the taxes are generally paid either once a quarter, once a month or semi-weekly, depending on the size of the payroll/taxes reported. If the taxes accumulated hit $100,000 in any deposit period, they are due the next business day. The money might sit in the company account for a short period of time, thereby earning them a bit of interest.
Originally posted by KanehBosm
When the IRS sent me a statement that I owed back Federal taxes, and that penalties and interest was to be added as well, I HAD IT!! I ask them to send me the paper work in which they arrived at this conclusion, I also photo copied the section (that was 2000) (112)of Title 26 that said it was voluntary mandate, I never heard back... EVER! wierd huh!
Also the 5th amendment says you do not and can not be prosecuted or thrown in jail for self incrimination, what I put on a form (1040) or I say with words can not be used against me in a court of law,... I reminded them of that too.....
[edit on 8-2-2008 by KanehBosm]
I am not in the collections division of my agency, and as I have stated previously, I generally do not handle Personal Income Tax cases, although I've "Been There, and Done That" in the past. To my knowledge, however, once an account has gone into collections as a result of an unpaid debt, a levy, lien, or wage garnishment may be emplaced without any involvement of the court system, federal or otherwise.
Now let's make sure we understand some terms here:
Voluntary, in this sense simply means that the tax is imposed (calculated) and paid at a specified time, removed from the actual moment of the taxable transaction: Your personal income tax is due on April 15th, not when you recieve each paycheck.
Do not confuse withholding for income taxes as payment of income taxes.
An Involuntary system of taxation would be analogous to a national Sales Tax system, wherein you would be paying the tax owed at the time of the taxable transaction, as an integral part of the transaction.
Originally posted by KanehBosm
You are SO right, when you file, you are on the hook,... I choose not to file, that's the voluntary part my friend. On your employee yearly deduction statement, read it very very close, they give you an option their as well, if you have the balls, to claim your exemtion from taxes. Your statement is all based on the idea that I filed a 1040, therefore you are correct.
[edit on 9-2-2008 by KanehBosm]
Originally posted by scientist
Originally posted by BlueRaja
Originally posted by scientist
reply to post by BlueRaja
you lost me.
I was using sarcasm in pointing out the fallacy of claiming the "elites" aren't paying their share of taxes.
I understand the sarcastic approach, I just got lost in the logic that followed (or lack thereof). Mostly because of the percentages you were throwing around. They just don't make any sense, and certainly don't prove any points. next time, try a rational explanation instead of sarcasm - it just may get your message across more efficiently.
Originally posted by mybigunit
reply to post by BlueRaja
Oh boy am I going to enjoy this response. Blueraja first off the "elites" pat a hell of a lot lower of a tax rate than your normal working class person. Take any CEO and put it up against any normal working class person making 50 to 100k a year and you will see the average is about 15% for the elites where as the working class person will pay around 30%. The elites pay the majority of the taxes yes and the reason is because of the HUGE amount of money these guys are making. I tell you what blue I will trade positions with the CEO of Exxon Mobile any day me making a little over 300k a year and paying a 35% tax rate and make 6.4 Million last year and pay his 15% tax rate.
Originally posted by admriker444
The elites dont pay taxes.
They hide their money in blind trusts and nonprofit foundations.