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Old 04-16-2008, 05:17 AM   #1
exUte
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Default Why, oh why......?

http://www.usatoday.com/news/washing...Taxcover_N.htm

Does the average tax payer have to pay their federal income tax while those who are deliquent or have huge tax burdens get to negotiate (as advertised on radio/TV constantly) their tax?

And..........if Utah only gives you a deduction for 1/2 of your federal tax, aren't you being double taxed on the other 1/2? Isn't there a law against double taxation?
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Old 04-16-2008, 06:06 PM   #2
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Originally Posted by exUte View Post
http://www.usatoday.com/news/washing...Taxcover_N.htm

Does the average tax payer have to pay their federal income tax while those who are deliquent or have huge tax burdens get to negotiate (as advertised on radio/TV constantly) their tax?

And..........if Utah only gives you a deduction for 1/2 of your federal tax, aren't you being double taxed on the other 1/2? Isn't there a law against double taxation?
There is no law against double taxation :see estate tax.
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Old 04-17-2008, 02:04 PM   #3
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Default And the rationale is

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There is no law against double taxation :see estate tax.
what?
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Old 04-17-2008, 02:10 PM   #4
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what?
When you tax someones Estate, you are taxing dollars that have been already taxed.
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Old 04-17-2008, 02:14 PM   #5
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There is no law against double taxation :see estate tax.
Also taxing dividends; they were already taxed at the corporate level. Also you pay both a Federal and State tax on gasoline, etc.
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Old 04-17-2008, 02:17 PM   #6
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Default That I understand, but what

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When you tax someones Estate, you are taxing dollars that have been already taxed.
is the rationale?
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Old 04-17-2008, 02:19 PM   #7
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Also taxing dividends; they were already taxed at the corporate level. Also you pay both a Federal and State tax on gasoline, etc.
I think they should get a special stamp and when money comes out of the mint and is first taxed, they should stamp it. After that, you shouldn't have to pay tax on that money ever again.

Who's with me?
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Old 04-17-2008, 02:37 PM   #8
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Default You don't see the difference when it applies

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Originally Posted by Jeff Lebowski View Post
I think they should get a special stamp and when money comes out of the mint and is first taxed, they should stamp it. After that, you shouldn't have to pay tax on that money ever again.

Who's with me?
to income tax specifically?
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Old 04-17-2008, 02:38 PM   #9
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is the rationale?

Why do I ever get involved in conversations with you?
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Old 04-17-2008, 07:10 PM   #10
il Padrino Ute
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Originally Posted by Jeff Lebowski View Post
I think they should get a special stamp and when money comes out of the mint and is first taxed, they should stamp it. After that, you shouldn't have to pay tax on that money ever again.

Who's with me?
I like it. And if they want to tax it, we can dump it any of a number of harbors.
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