Bad Player
Deity
I wouldn't mind the income tax so much if the government didn't waste it on BS.
I don't know about you guys but we don't save enough in Australia so maybe less consumption would be better!Uh yeah, Bamspeedy got this one. A sales tax on consumption not only harms the poor more (Unless you needlessly complicate the system, but you incentive people to not consume, thus reducing the growth rate of your economy
Just wondering: If we consumed less and the economy grew less would that be better for the environment?
I pay 39% in taxes. [snip] It's all free.
If you're an athlete you live in Texas or Nevada. No income tax.
I like Income Tax. Means when I need to go to hospital/doctor I don't end up paying a fortune. Meant I got a good free education. And so forth.
The more I think about it the more I would like a system with no taxes and where you pay when you need a goverment service. There are loads of goverment services which I find useless but I have to pay for them.
The more I think about it the more I would like a system with no taxes and where you pay when you need a goverment service. There are loads of goverment services which I find useless but I have to pay for them.
Nevada has a different kind of tax ... on people who are bad at math.
I think our federal government is one of the worst when it comes to earmarks. The size and scope of each states wants and needs are of the utmost importance to the congressmen if they want to get re-elected.Same here. But apparently the US government must be one of the worst on the planet, since the only people I've met who were seriously thinking that taxes are stupid and government useless were American (just look at this thread).
Illinois is nowhere near the high end for state tax rates at 3% (but does have a high 6.25% sales tax).
IIRC Vermont, Dist. of Columbia, Oregon and California are the highest state tax rates between 9-9.5% though Manhattan has an income tax and city tax. Taxachusetts used to be double digits but it seems the governor seems to have done a good job there dropping it to 5.3%.
Florida is interesting because they dont have an income tax but they have what's called a mill tax ($1.27 per $1000 of assessed value based on property held)and their own estate tax.
If you're an athlete you live in Texas or Nevada. No income tax.
profit on stocks. I pay a lot in taxes.(even though I cheat)And just because I'm curious, since you're 15, how much do you pay in taxes on your income?
Tax avoidance is perfectly legal in the US but tax evasion would plop you in jail.profit on stocks. I pay a lot in taxes.(even though I cheat)
profit on stocks. I pay a lot in taxes.(even though I cheat)
Florida has a monstrous sales tax because of tourism to make up for it.
Illinois has a flat rate of 3% on income.
I'd rather have income tax than tourists, but I suppose it's a personal preference thing . . .
I pay 39% in taxes. And I don't mind.
I got a good, free education. When ever Im sick, I go to a good doctor and so on. It's all free. And not only for me, but for everybody. That's pretty amazing, and I wouldn't give it up for anything.
Nevada has a different kind of tax ... on people who are bad at math.