The Tax Questions Blog

Posts Tagged ‘taxes’

Question: Why are/should students be exempt from paying council tax?

I live in a very over populated stundent area and every year there is rubbish overflowing onto the streets where students have left for the summer, me & my partner only earn 12k between us (not each) and our council tax bill is 975 a year stundents for some reason don't have to pay yet their putting a lot of work on the council to clear up their mess, students get a lot more money than we do. so why don't students pay council tax? and who thinks that they should? because i certainly think they should.

Answer: No they shouldn't pay, nor should they behave in this manner, but the two things aren't linked.

If a student had to pay CT it would make those from poorer background less able to go away to study. In essence it would hit the poorest people the hardest and be a barrier to education.

With respect to your own situation - a joint income of 12K per year will attract council tax benefit and providing that either you or your partner is aged over 25 years Working tax benefit- have you made your claims?

Lawmakers consider increasing the sales tax

From riding a tour bus to buying sunscreen, the cost of living or visiting already-pricey Hawaii could soon get higher.

Norman Dodd On Tax Exempt Foundations

Question: Is money awarded in court for injuries from an accident considered taxable income?

Answer: No. It's nontaxable. (Suggestion: use TaxACT.)

State investigating faith-based holding agency

AG asks Fulton comp[any for documentation related to the housing, food and utility expenses of New Christian Life Fellowship members

Tax cuts in advance of HST take effect

Provincial tax cuts meant to offset the upcoming harmonized sales tax took effect on Jan. 1. Ontario taxpayers will see a 16.5% cut in the tax rate on their first $37,106 of taxable income.[...]

Question: When will I get my federal tax return back for 2006?

I just received my state tax return yesterday. I mailed in my 2006 state and federal taxes at the same time. How much longer will it be until I get my federal return?

I have it set up for direct deposit.

Answer: Probably longer than normal since you're a year late in filing.

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N.J. lawmakers return to Trenton to debate on bills in lame-duck session

TRENTON -- State lawmakers return to Trenton today to close out a lame-duck session with debate on bills to legalize medical marijuana, relax prison sentences for some drug offenders in school zones and allow towns to stave off property tax...

Norman Tax Return

Question: Is an individuals income "personal property" (not taxable) and is the 16th amendment abused by the IRS.

The 16th Amendment reads:

The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration.

The Supreme Court defines "income tax", as an excise tax "imposed with respect to the doing of business in corporate form".

With tax on property, gas, sales, heating, communications, cable, auto registration, inheritance, lottery winnings, capitol gains, home sales, home buying and even foreclosure the government is completely over taxing like never before.

Question is, if the federal reserve bank is privately owned by anonymous individuals and corperations, why am I sending my money away without there being an accounting of how the tax collected is spent?

Isn't this taxation without representation?

Answer: There has been a few cases where it was determined that the IRS could not provide the actual law that requires you to pay federal income tax.

See the film Freedom to fascism (On google video) where one is ruled on in favor of the defendant specifically because the IRS did not provide the legal president. There are also several Supreme court cases sited at the Cornell law library that have a baring on this hypothesis.

Most Americans wouldn't try this because of the IRS's very aggressive seizure and prosecution policy, but there very well could be a reason they operate with such disregard. They use the ultimate big stick approach in hopes of bullying the citizens into submission and compliance.

Even the police force doesn't use such tactics on criminals. The FBI even fears the IRS.

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Down side of winning big prize

Q: I just won a raffle prize for a trip to Europe valued at $7,500. Do I have to pay taxes on this prize? A: Generally, prizes you win from sweepstakes, raffles and contests are taxable as ordinary income. Prizes other than cash (car, cruise, etc.) are valued at their fair market value.

Tax Tip: Gambling Winnings & Losses 2009