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taxes
A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or national). A failure to pay in a timely manner, along with evasion of or resistance to taxation, is punishable by law. Taxes consist of direct or indirect taxes and may be paid in money or as its labour equivalent. The first known taxation took place in Ancient Egypt around 3000–2800 BC.
Most countries have a tax system in place, in order to pay for public, common, or agreed national needs and for the functions of government. Some levy a flat percentage rate of taxation on personal annual income, but most scale taxes are progressive based on brackets of annual income amounts. Most countries charge a tax on an individual's income as well as on corporate income. Countries or subunits often also impose wealth taxes, inheritance taxes, estate taxes, gift taxes, property taxes, sales taxes, use taxes, payroll taxes, duties and/or tariffs.
In economic terms, taxation transfers wealth from households or businesses to the government. This has effects that can both increase and reduce economic growth and economic welfare. Consequently, taxation is a highly debated topic.
"What is a 1095-A?
You will get a 1095-A form every year you are enrolled in a Qualified Health Plan. This form shows how much financial support was applied to your plan the year before. You will get a 1095-A for each plan you were enrolled in. Tax forms are sent in late January.
Your 1095-A...
A new section is added to chapter 82.08 RCW to read as follows:
(1) There is levied and collected a tax upon each retail sale of ammunition at the rate of 11 percent of the selling price.
(2) This tax is in addition to the federal, state, and local sales and use tax imposed on sales of goods...
Non-paywall link to the article:
https://www.wsj.com/us-news/guns-and-ammunition-tax-passed-by-california-senate-a6d6a183?st=bjl3u5beokyxozn&reflink=desktopwebshare_permalink
An excerpt from the article:
If it's anything like the high speed rail they passed in CA, it will be completely...
There are two of concern to those who pay the bills.
1. HB 1628, which has to do with capital gains taxes. It is aimed at business and people with deep pockets. BUT: It also affects the sale of real property. It involves what is called the Real Estate Excise Tax, or REET. Which is a tax...
It's that time of year again, when we are reminded of how much taxes we have paid.
I would like to get a maximum return on my investment, from the governments I paid taxes to.
What are some of the best ways of doing that?
Edit: Here is a partial list of things they are spending my money on. I...
Ok shortish version is my dad passed away in 2018, he was 62 and still working.
I fought with his 401k provider HCA almost instantly as the eldest son/executor. They moved his balance to another HCA account in my name and then wouldn't let me log in without a 3-4 ID (a user name). I figured it...
Thieves are required to report the value of the stolen items as income and pay income taxes on that amount.
https://weartv.com/news/nation-world/irs-stolen-property-must-be-reported-as-income-on-taxes?fbclid=IwAR2Gwkwhoz1vmcoMIIT0nhhOIwv_5eudp_AWwM6NHdWZMbKGuVixKWFEj7g
I'm not exactly sure how this is possible with federal taxes to consider, but I suppose it just means no state sales tax... also did I see boxes of CO2 canisters for air guns in that video?
https://www.wowktv.com/news/west-virginia/guns-and-ammo-now-tax-free-in-west-virginia/
Honestly I feel a...
So I, or rather the company I setup, has been 01FFL licensed for some years. As a side hustle it hasn't been bad, though I really had to scale it back during 2020 due to nightmare that year was for us. Anywho, back at it, and renewal is coming up soon and thinking about adding a SOT to the...
Lose a few hundred million tax-payer dollars and get promoted ... only in government.
https://www.seattletimes.com/business/economy/suzi-levine-head-of-washingtons-unemployment-agency-to-take-job-in-biden-administration/
This article mentions that before she was put in charge of Washington state...
I say I’d they can’t do there jobs, then to heck with your tax invasion!!!!
https://www.deseret.com/utah/2019/12/5/20997681/horrific-wasatch-county-error-valued-home-for-nearly-1-billion-now-taxpayers-may-have-to-pay-more
The firearms community has been under attack for decades, and the anti gun community has stepped on the gas pedal in recent months, but this last week has been exceptionally bad for civil rights in WA.
The Supreme Court will allow families to sue a manufacturer over the illegal use of a lawful...
https://www.latimes.com/politics/la-pol-ca-california-gas-tax-increase-road-repairs-20190620-story.html
So glad to be FROM there...Got to pay for all the FREE medical & homelessness somehow..:s0082:
How'd you all make out?
50,219,667 Filers Paid $0 or Less!
Me, I was short about 200/month so a check had to be cut. My mom made money on her accounts, she was mad, angry, about the size of her check to the IRS. But --- she made money about 50% more than in 2017 .... sometimes logic goes.
Well I was made to understand that the big tax break would take affect this year more so than last year then I got done with my taxes. Sad to say that I'm getting almost half of what I usually do. Glad I'm getting something but certainly disappointed. I did make more money by several thousand...
Below is a short list of some of the tax plans they are proposing
SJR 3 – Direct kicker to the Education Stability Fund (Joint Resolution)
SB 209 – Creates a $10K homestead exemption
SB 208 – Increases the progressivity of the corporation minimum tax
SB 189 – Modifies tax expenditure definition...