All Questions
Tagged with taxes united-states
133
questions
-4
votes
3
answers
308
views
Why doesn't the US consider nationalization as an alternative to raising taxes? [closed]
In the US, the mere discussion of raising taxes by politicians is considered political suicide. Yet, nationalizing infrastructure and industries as an alternative is rarely, if ever, discussed as an ...
- 255
3
votes
1
answer
193
views
What's the point of preventing high-earning taxpayers from using CalFile (tax preparation program/service of the California Franchise Tax Board)?
I read that CalFile (tax preparation program/service of the California Franchise Tax Board) does not accept taxpayers with an income above some threshold. Why banning them from using CalFile?
- 3,760
2
votes
2
answers
324
views
Why don't Conservatives in Washington state try to bar payroll taxes?
I read on https://apnews.com/article/initiatives-approved-washington-police-pursuit-income-tax-e5a904bf714083611b67698293c4772b:
SEATTLE (AP) — Three conservative-backed initiatives that would [do x, ...
- 3,760
5
votes
2
answers
160
views
What happens if a bill passes the House with a provision that sunsets before the Senate hears it?
The House passed HR 7024 today (Jan. 31st) which has a provision that expires a tax credit today - on the 31st. Since the Senate has not received the Bill, what happens to the date that has now passed?...
6
votes
3
answers
200
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Why there seem to be no strict rules related to non-profit organization "overhead" in the US?
According to Investopedia, an organization can benefit from the non-profit tax status if it satisfies several conditions:
have a purpose within a designated list
an annual exemption form must be ...
- 53.4k
4
votes
0
answers
82
views
Why doesn't South Korea have a tax treaty with the United States?
https://www.irs.gov/businesses/international-businesses/united-states-income-tax-treaties-a-to-z
The United States has tax treaties with a number of foreign countries.
Under these treaties, residents ...
- 1
17
votes
1
answer
4k
views
Total tax burden on the average American and how has it changed over the years
It is easy to find information on the average amount Americans pay in Federal taxes. It is little more difficult to find out state and local taxes. But we also have a plethora of other taxes, property ...
- 552
-6
votes
1
answer
181
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How can citizens have a vote when it comes to the deficit spending and paying it back since it is our money? [closed]
How can citizens vote on deficit spending and paying back when it comes to government programs? Including who pays more taxes and where that money goes.
7
votes
2
answers
364
views
If the IRS has the info needed to accept/reject tax returns, why do Americans have to file?
A friend of mine had her tax return rejected because one of the numbers she entered didn't match the data the IRS had. This made me wonder, if the IRS has all the data it needs to determine if you ...
- 221
18
votes
3
answers
5k
views
If only people with at least $1,000,000 annual income were taxed, what would their tax rate have to be to avoid a drop in income tax revenue?
If personal income taxes were eliminated entirely for anyone with less than $1,000,000 income, there is one flat tax rate for those who are taxed, and corporate income taxes and all other taxes staued ...
- 1,247
13
votes
1
answer
3k
views
Why were there no objections to the public release of the former US president's tax records at the House Ways and Means Committee meeting?
In the PBS NewsHour's December 20, 2022 video WATCH LIVE: House committee votes on release of Trump's tax returns it appears, if I understand correctly, that there were no objections heard to making ...
- 17k
6
votes
1
answer
367
views
Which Trump-appointed judge allegedly "sat on the lawsuit for two and a half years" related to Trump's tax returns, and did they really sit on it?
After 00:33 In the CNN video Lawmaker explains what Democrats are planning to do with Trump's tax documents "Rep. Lloyd Doggett (D-TX), who sits on the House Ways and Means committee, explains ...
- 17k
2
votes
2
answers
753
views
401k tax breaks - what is the gain?
There are many countries that do not tax money put away for retirement - such as into a 401K. Why does this make sense?
It is smart to save for retirement, but what does the govornment gain?
- 6,927
-5
votes
4
answers
410
views
Why are non-voters taxed?
One of the major criticisms of the British government that led to the American War for Independence was "taxation without representation." Why are people who are not eligible to vote taxed? ...
- 1,247
-4
votes
1
answer
122
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Does the trust fund have the funds needed to cover the shortfall from a gas tax holiday?
In 1956, the federal motor fuel tax was established, along with a dedicated pool of money for the construction of an interstate highway system. Those gas tax funds go into the "Highway Trust ...
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