Tax the Addicted..

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    Last post ago over 7 years by dwyeack
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      Mighty! Member
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        • Started by
          Mighty! Member
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        • last active 6 hrs ago

        I was reading that story about "$1,000 stamps on Bingo machines"..

        A comment was posted.. "wait til we become addicted then tax the hell out of it"

        It's true cigarettes, liquor, gambling.. and even the little ones.. like candy..

        You have no choice, pay those high taxes or quit.. what does most of us choose to do, well actually its not even a choice, we are addicted so we pay it..

        What do you all think.. is someone smart as heck, or taking advantage of addictions?
      • Avatar 10718
        • Replied by
          Super Hero
          2134
        • last active 9 months ago
        this is as old as the hills...they are called sin taxes

        not funny... :'(
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          Mighty! Member
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        • last active 6 hrs ago
        You're right it isn't funny at all..

        Never heard of "sin taxes" though til now..

        Most of us really don't even know what an addiction is til we experienced it, because when i first started cigs, coffee, even booze.. i had no idea how it was going to be, someone knew something..

        Did i mention the higher taxes on Coffee and fastfood?

      • Avatar 7881
        • Replied by
          Super Hero
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        • Avatar 3763
        Why tax ANYONE?  We have created giant/ expensive government systems that we cannot afford.  Obama and the Polosi Democrats just raised the debt ceiling to almost 15 trillion dollars.  What we owe is so large, that putting huge taxes on everyone would not raise enough money to satisfy our government's lust for spending. 

        Keep taxes low...including so called sin taxes.  And cut spending.
      • Avatar 10718
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          Super Hero
          2134
        • last active 9 months ago

        You're right it isn't funny at all..

        Never heard of "sin taxes" though til now..

        Most of us really don't even know what an addiction is til we experienced it, because when i first started cigs, coffee, even booze.. i had no idea how it was going to be, someone knew something..

        Did i mention the higher taxes on Coffee and fastfood?




        guess i am older than i thought grin grin grin grin

        next week i'll be even another freaken year older...hehehe cool
      • Avatar 10718
        • Replied by
          Super Hero
          2134
        • last active 9 months ago

        Why tax ANYONE? We have created giant/ expensive government systems that we cannot afford. Obama and the Polosi Democrats just raised the debt ceiling to almost 15 trillion dollars. What we owe is so large, that putting huge taxes on everyone would not raise enough money to satisfy our government's lust for spending.

        Keep taxes low...including so called sin taxes. And cut spending.


        here here...my vote's with you

        NO TAXES...and can you please wipe out all the ones i owe from before? grin
      • Avatar 7881
        • Replied by
          Super Hero
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        Nal.....YES...RETRO refunds!

        The government spends too much....and the citizens get zero.
      • Avatar 10718
        • Replied by
          Super Hero
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        • last active 9 months ago
        oh THAT even sounds better!! you definately have my vote cool

        i owe from being audited... ::) ::) ::), silly me...

        talk about sin tax grin grin grin
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        • Replied by
          admin
          19861
        • last active 33 min ago
        All I can say is thank goodness for P.A.Y.E. in the UK.

        Pay As You Earn.  We pay tax on our earnings, savings and anything else the govt. can think of but I'm thankful we get our income taxed at source because I know I would never save up to pay it at the end of the tax year.

        Can someone in the US tell me whether you pay tax on your earnings before you are paid your earnings or is it all taxed at the end of the tax year for you?

        blue
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          Mighty! Member
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        • last active 6 hrs ago
        Taxes are taken from our paychecks..
        Theres Federal, State (where aplicable) and Social Security..

        Tips are also taxed, if you are a tipped employee

        It is also set on how many dependents claimed and also your status.. like single, married, head of household, theres different rates you pay for those choices

        At the end of the year if you didn;t pay enough, you owe, if you over paid then your are owed

        Alot of people like myself like to over pay so at the end of the year we get that big tax refund
      • Index
        • Replied by
          admin
          19861
        • last active 33 min ago
        So does that mean you have to pay tax on your earnings again at some point?

        I'm a bit confused by your tax laws.

        blue
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          Mighty! Member
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        • last active 6 hrs ago

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        • Index
        All you paid in during your employment goes towards what you owe towards a total of the year.

        say you made 50,000 the tax on 50,000.. is 5,000.. you paid in 10,000 (taken from your check) you get the difference. If you paid, say only 3,000 you owe that difference of 2,000.
        This is only an example of straight tax paid.

        Theres alot of tax breaks we do get i can't really list them all, but the main and highest one is "earned income credit" that is usually for people with dependents, and the amount you get can wipe out what you owe and also end you with getting a refund.
      • Avatar 31779
        • Replied by
          Mighty! Member
          3046
        • last active 5 months ago
        Imagin.ation? I am sending you my taxes to do. wink

        I will no longer fear April 15th with you on my side. You seem to have a good idea of how it works. I'll bring all my paperwork. It is here in the shoe box, some in the garage, some in the ...oh where did I put the rest of it. Oh well, I dont need receipts do I? laugh_out_loud

        Seriously, anytime here in Michigan they need money? They tax the beer and the smokes. If you give up one habit, they still get you on the other one.

        The other thing they tax is gas. Like who doesn't need petro? We have one of the highest gas tax there is .

        PMM
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        • Replied by
          Mighty! Member
          4840
        • last active 6 hrs ago
        Lol Pam

        I only explained the simple taxes, if i talked about the taxes on houses, property, cars, boats, owning your own business, business expenses, tipped employees, medical, higher pay brackets, you know all that crap.. she'd be even more confused..
        That was only a basic idea.. the more you own the more you pay and the less break you get.. its so sad..

        Not to mention the gas, cigs, booze, magazines, candy & chips, fastfood, and hot food you buy in stores.. its crazy!!!
      • Avatar 10718
        • Replied by
          Super Hero
          2134
        • last active 9 months ago
        Imagin.ation wrote:

        All you paid in during your employment goes towards what you owe towards a total of the year.

        say you made 50,000 the tax on 50,000.. is 5,000.. you paid in 10,000 (taken from your check) you get the difference. If you paid, say only 3,000 you owe that difference of 2,000.
        This is only an example of straight tax paid.

        Theres alot of tax breaks we do get i can't really list them all, but the main and highest one is "earned income credit" that is usually for people with dependents, and the amount you get can wipe out what you owe and also end you with getting a refund.


        where do you live, you only pay 5000 tax on 50,000??  in need to live here..

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