LivingAlmostLarge

Normally I don’t write political or social stuff because I’m pretty liberal.  Actually I should say I have mostly socialistic leaning, strangely.  But this is finance related because anyway you cut it, it affects a lot of people. 
Since California’s supreme court ruled that banning same sex unions is unconstitutional.  In MA, the only state to legalize same sex marriages, [...]

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I’m a bit confused and skeptical about this tax rebate.  I filed our taxes for 2007 by mail but recevied our refund through direct deposit.  Therefore I thought we’d have already received our rebate for 2008.  However nothing has happened and when I checked the IRS website for it, it said unable to process.
So I’m [...]

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The 2008 Tax Rebates are coming early.  Apparently to help our struggling economy.  Here’s the MSN article with the dates.  If you have direct deposit it should be in by May 2nd. 
What will I be doing with my rebate?  Nothing, probably paying property taxes with it.  Nothing big or fun.  Just paying bills.  No extra [...]

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Gee whiz, I can’t believe what happened looking at our taxes. We finished our taxes last night, I lost some paperwork and we had to scour our files looking for an approprimate date to ask the company for a statement. So we receieved it last week and we were able to finally finish [...]

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I am not a proponent about the fair tax. I am a proponent of the flat tax, but that would likely mean I will pay a lot more in taxes. If there were a fair tax, DH and I would be raking in the dough.
A fair tax system basically occurs where you pay on what [...]

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Congress announced a revised tax package yesterday. People who make at least $3k and pay taxes would get back $600 back and $1200 for couples, and each child would be $300 extra. People who don’t pay taxes but make at least $3k would recieve $300 back. The rebate phases out for individuals [...]

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On Friday President Bush released a press statement saying that he intended to give taxpayers a rebate of $800/individuals or $1600/married couple. This was in hopes of jump starting the economy, similar in nature to his previous tax rebates in 2001 where he refunded $300 and $600 to taxpayers. Bush also suggested making [...]

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The question was raised on a message board about what sort of tax is fair. Interestingly the majority of people voted for a consumption tax. What is the consumption tax?
Basically it is a tax by the government on the purchase of a good or service. It is based on someone consuming a [...]

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On a message board I read, I’m amazed by the number of people who incorrectly quote tax law. They claim to not pay taxes on items which I’ve paid taxes on in the past.
For example one man claimed to not pay taxes on his moving expenses on the company. When we moved [...]

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I always get into tussles on message boards with people who claim that rich people pay the most taxes. Yes they pay DOLLAR wise the most taxes, but Percentage wise the middle class pays the most taxes. How is that possible???? Warren Buffet has bet $1 million dollars that you couldn’t find a rich person [...]

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