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taxation???? should the goverment stop all taxation on the basis that if you need any ameneties then you can pay for them

How do you avoid double-taxation on income when you establish corporation in Texas? When you establish your business as a corporation in Texas (no state income tax, but there is a franchise tax), what is the best way to distribute earnings to pay the lowest amount of taxes and avoid double-taxation? Should I pay myself a salary, or just pay myself in dividends? I'm not incorporated yet, so I still have the option to form as a LLC.

Who knows the difference between progressive taxation and legitimate taxation? I have noticed that on a lot of questions about taxes answerers confuse taxation for legitimate (constitutionally enumerated) purposes such as building and maintainging roads and the military with taxation for progressive purposes (unconstitutional social welfare programs). There is a difference and I am wondering how many people understand that difference. Social Welfare Programs are all programs which redistribute wealth or provide charity with taxpayer money. This includes all of what most people consider welfare programs, Education Funding, Social Security, Grants to businesses or individuals except as part of a legitimate work contract, etc.

How does taxation differ from common theft? Bias/agenda alert: I think that they are much the same. My intention is to influence people reading this question to critically consider the question and the implications of its answers. I hope that others who already agree with my point of view to express their opinions but also expect and welcome people critical of my view. To anticipate the dissenting views: 1. Taxation pays for necessary services that can not be provided by the market. I reject this notion. If a service is necessary and important, methods can be found to exert influence on people to pay for it without resorting to the threat of violence. 2. Voluntary markets introduce free-rider problems. How many people free-ride off of welfare programs for the poor and subsidies for the rich? 3. Society has legitimized taxation. If you don't like it, then leave. Gaining the consent of many people does not change the nature of a crime. If enough people consent, I can legally rob you! x2000: Yes, you would have to pay for the services you named. But why must money be stolen in order to pay for these necessary services? A discussion of how voluntary payment systems might function is outside of the question I posed. However, I will just say that by allowing payment collected by threat of violence opens you up to the money so collected not being used for its stated purpose. I think that national defense (sic) is a perfect example. Perdendosi: All that you've proven is that mob-rule works. You have done nothing to prove that the nature of taxation is different from theft. If I refuse to pay my tax, people with guns will show up to force me to pay, imprison me or kill me. The only difference with a common thief is that he is up-front. He doesn't try to legitimize his actions. He doesn't go to my neighbors and ask them how much he should take from me or even to offer to share his plunder with my neighbors. That I can object with a vote does not stop the taxman from showing up with guns. Collective representation is a sham. The objections in your final paragraph are no more than socialist concepts though I'm sure you would not suggest that description yourself. Businesses and other organizations would have every incentive to pay for road construction and maintenance. You just don't have the imagination to conceive how to maintain the road in front of your home without robbing me. MrNiceGuy: Yes, there are social costs to pay to maintain society. I think that we DO have to pay them. It is interesting that you think that we need a gang of goons to collect protection money (taxes) to take care of the poor. I do have empathy for the meek. I voluntarily donate about 15% of my income to charitable causes. I plan later this week to donate some of my time to help clean up a community ravaged by a recent flood. Your empathy consists of asking people to rob me to give to the poor. I'm sure that your surprised when your thugs use very little of the money for its stated purpose. I bet you're appalled at all of the war that is fought with your stolen money. Why would anyone be surprised that thugs and thieves would be less than honest? Perdendosi: First, theft is violence aginst my property. But then, supposing that I do not voluntarily give up my property, the government will send men to kidnap (incarcerate) me if they can. If they are unable to do so, there is a real threat that they might kill me. This is because I would not part with my property. I continue to challenge you. How is this different than common theft? x2000: The mechanism of voluntary payment systems is outside of the scope of the current question simply because it is admittedly complex. If you mean that it is a related subject, you are right. If I am unable to demonstrate that voluntary payment systems could not work, then we are left only with involuntary ones. For the present question, I am focusing on the nature of taxation. Paying for defense with taxation amounts to the government violating my property in order to defend me. What if I want someone to defend me from having my property violated by the government? Your last sentence is a statement of the free-rider problem. The free-rider problem will exist as long as people desire more benefits for less effort. I continue to ask you to consider the people who free-ride off of the current tax system. I argue that they benefit themselves and (in the case of national defense) do more harm than good with the money they take from me. Perdendosi: Who would build a fire department? I work as an actuary for an insurance company. I can tell you that we would build a fire department. In exchange for fire protection, we would collect premiums to pay for the service. The premium levels would be based upon how many homes in a neighborhood had insurance with us or with another company that agreed to reimburse us in case their insured home catches fire. In this way, you would have incentive to influence your neighbors to have insurance or perhaps to ask a home-owners association to pay for the coverage. If an uninsured home caught fire, we would put it out so as to avoid damage to insured homes. We would price this in the same way we price uninsured motorist insurance for auto insurance. You lacked imagination how an entrepeneur (me) would handle this situation. In how many other ways do you lack imagination?

Will the IRS suspend taxation on dividend and interest income in the coming years? A few months ago I read on the net something in relation to this, and haven't seen any more about it. The story went that for the next threwe to five yrs. these incomes were going to be exempt from taxation. Now I wish i had printed it out or at least saved it.

How can anybody be against murder and theft while supporting war and taxation? Afterall, isn't war just mass murder and taxation just theft on a massive scale?

What are the differences in taxation of citizens between USA, Italy, & UK? Can someone from UK & Italy explain the taxation system in your countries? Do you get to keep most of your paychecks? Do you get to keep "winnings" - such as lottery ticket or prize monies without taxes? I live in USA so I know the crappy taxation here, but any fellow Americans feel free to answer if you want! Thanks!

How do bond premiums/discounts work for taxation purposes? Can someone outline me the idea in general when dealing with bonds related to taxation purposes?

History of differing viewpoints of Americans and British on taxation and relationship of colonies to empire? How and why did the Americans and the British differ in their views of taxation and of the relationship of colonies to the empire?

How much taxation is there on a bottle of wine? If a bottle of wine retails for $25, how much of that is the direct result of taxation?

how does taxation works on the capital gain resulting of the sale of a property? I'm planning to sell a property I bought about 15 years ago .I leave there for about free years them move on and rented it though an estate agent.I sould sell it for about 100k more than i bought it. can anyone tell me how taxation will apply. thanks

What is the taxation of a beneficiary? If a beneficiary receives money for his/her trust (complex trust),does she or he need to include the money in her/his tax return? If the inclusion is required, is not it a double taxation? fiduciary income tax and individual income tax on the same tax base??

How to calculate India Tax Credit for employees deputed to US to avoid double taxation? Hi, I have deputed to US on temporary basis and earning income in India and US. My India income is double taxed (both in India as well as in US). Can you please suggest how to calculate the India tax credit for my income in India to avoid double taxation. Hitesh

Where to find Free Handbook on Taxation Law of Australia or any book about Australian Taxes? Dear All, Please help me find free handbook regarding Taxation Law in Australia or any websites that could help me learn Australian Taxation.

Can anyone give me information on double taxation agreements between France and the UK? I work at a University and we have some visiting researchers coming over for 4 x two weekly periods to engage in research. They will be being paid their salary by the company in France but I wanted to know whether we should tax them as according to my interpretation of Article 21 of the double taxation agreement, they should not pay tax in the UK. I would appreciate any guidance on this as I am not sure if we are following the correct procedure. Thanks in advance.

How would you explain to a child why tax credits are given? (Taxation as pertains to Ireland) (See details)? I've been trying to understand the whole taxation area. Up until recently I was intimidated by the whole thing, but enough is enough. I want to know the ins and outs of tax. I've been asking around and a few of us are pleased we are getting tax credits. Why are we given tax credits when it's a simple matter of reducing taxation in the first place?

How much money does the Australian Government make through tobacco taxation? How much money does the australian government make through tobacco taxation? And how much money does the Australian government spend on tobacco related diseases? if you could answer that question too it would be great. Cheers

Taxation on work done for Canadian Client? Hi Everyone, I currently live in PA and have a fulltime job. However, I have just recently starting doing freelance website work for a company in Canada. I was wondering what the tax implications for the money earned from this work would be? I am usually paid through PayPal, but on larger jobs I am mailed a check. Anyone have any idea how taxation works on this? Do I just file a schedule-c and list this as additional income (under my dba), or something else? I assume I do have to report it in one way or another :) Any help/advice would be greatly appreciated!

What is he purpose of Taxation in the United States? What is he purpose of Taxation in the United States? A to provide for the common Defence and general Welfare of the United States with uniformity throughout the United States; B to be fair C to take money from those who have much and give it to those who have little.

Do you know where I can find Australian taxation law resources? I would like to read up on some of Australias taxation laws and in particular would like to know when a new taxation law is passed. Do you know where I could find this information? Are there any internet resources? Thanks in advance!!

are there any courses on learning taxation and finalzation of accounts in mumbai? I am working as an accounts executive and have learnt everything in this field except for Finalisation of a/cs & taxation and i dont think i shall be able to learn d same from d place i am working so wanted to knw if any courses are available as i want to grow in this field,though I cannot opt for a career in C.A. which please note. can u help me out?

Why is the taxation done in brackets in this country? I don't understand the income taxation system, which by its implications, punish the ambitious and hardworking who are successful and wealthy to promote the welfare of the less successful, whichever the cause may be, who get taxed less. Consider the fact that the amount of the money taxed increases with the increasing income, why heighten the percentage for the higher brackets to limit the freedom of financial pursuits, one of the founding bases of liberty? What is the fundamental idea and benefits behind this bracket taxation system?

Why did you introduce a major change to our taxation system from sales tax to GST without a referendum? I do know at the time you said because you had been elected you had a mandate from the people .......... but to do what you want? If any responsible leader of any country were to dramatically change that taxation system, then don't you agree that the change ought to be ratified by the people's vote on that very critical change. Or is it a dictitorial decision that because "I am your leader then I will do what ever I want because the majority (in this case not) elected me". I found and still find that decision reprehensible Mr. Howard. I trust that you will have a peaceful retirement from having to make decisions and overide the needs of the Australian people in spite of their well-being and best interests. We have paid far too much and far too well for your dotage.

How did taxation office know where I was? I am from Australia and went to New Zealand for a business trip for 4 days. On the 1st night I was staying there I recieved a call from the Australian taxation office because I was owing some import tax on some goods from China. I do not know how they knew I was staying at a motel in New Zealand. There is no application anywhere to say I was staying at that motel. In fact that motel was not in writing anywhere other than a personal print-out for my own reference. Any ideas, I am stumped?

What are the benefits-received from principle of taxation. Whats an example of a tax that fits this principle. What are the benefits-received from principle of taxation. Whats an example of a tax that fits this principle.

Arrived in Australia 2 months before the end of taxation year, Australian resident for tax purposes? I arrived in Australia as a permanent resident on May this year and i still haven't found any job yet until the end of June. I intend to live in Australia permanently. Does that count me as an Australian resident for tax purposes for the taxation year July 1, 2007 - June 30, 2008?

What is the relationship of taxation on health economics? what are those thingd in which taxation are related to health economics, health practitioners, health services. i need your answer as soon as possible. thank you

How to avoid Emergency Taxation as a New-comer in UK? Dear all, I am a newcomer in the UK, and I have not a NI Number. Thankfully, I have opened a UK account. Is there an intelligent way or particular methodology to avoid being taxed with Emergency Taxation? Is this possible? All suggestions are more than welcomed! Thank you..! I am an EU citizen, hence there is no need for work permit etc. I've just wanted to clarify my situation. Would tax claims could be done immediately after NI? Thank you a lot!

How can Govt simplify Taxation procedure VAT/TDS/IT/Profesional Tax/FBT returns , where do you get staff ? How can Govt simplify Taxation procedure, I think we should submit return to our Chartered Accountant and in turn chartered accountant should submit onlie to Income Tax office and there should be no personal meeting between CA and IT officer , any thing required should be asked online, and it should be interstate Maharashtra shoudl file return to delhi and so on . This is method followed in Austarlia. Would you like to modify the idea

Why does is it say "taxation without representation" on dc license plates? Isn't it supposed to be no taxation without representation? I know dc is not representated and residents are taxed so are the license plates a cry for change?

what are the different dvla taxation classes? I need to get a replacment log book for my car and don't know what taxation class it is, one of the examples is Petrol Car, but my car is a Diesel and i am not sure if petrol car covers deisels as well or if there is a seperate class for it. I can't seam to find a list of all the diferent classes any were. very gratefull for any help, thanks.

What taxation should be expected on insurance for a busines fire? My mom lost her business of 20+ years to a fire this week. Now with no way to make income any time soon i'm worried about how the insurance money will last her. I'm worried that the IRS will tax it and she'll end up with nothing to live off of after being taxed and paying business debts. Is her insurance money going to be hit hard with taxes?

What is the taxation for a non-resident in Singapore ? My husband just adopts a job at Singapore under a 2-year contract. We are non-resident....wondering if we are required taxation to Singapore and how is the rate ?

Examples of current taxation to prevent an externality? I need example of current taxations or subsidization programs that are used in order to prevent an externality, such a pollution. I'm having a hard time understanding what that is exactly?

IRA Rollover to avoid taxation and penalty. Does the rollover have to equal the distrubution amount? I received a check from a defined benefit plan upon switching jobs. I want to reinvest it before the 60 days to get rollover credit, but I don't want to deposit the entire amount. Can I get tax credit for a partial reinvestment or does it have to be the entire thing in order to count? I received a 1099 R and the taxable portion was very low.

Double taxation is a disadvantage of a corporation because the same party has to pay taxes twice on the income Double taxation is a disadvantage of a corporation because the same party has to pay taxes twice on the income. True or False I think its True but the only thing that I am questioning is it it is the SAME party?

How many levels of taxation are in a loaf of bread I purchase at my local grocery store? Can Americans ever save for retirement with this tax system? Didn't our founding fathers have a similar issue?

What is the effect of taxation on job creation and economic growth? It is often said (particularly by politicians) that tax cuts stimulate job creation and economic growth. How economically sound is this idea? I'm looking for any peer-reviewed academic sources that either support or refute this view. Please supply references.

What are the advantages and disadvantages of taxation to an economy? Please be as detailed as possible. Thank you! please include both opinionated and factual information. Thank you!

Does any one know how the taxation on winning a "dream home" in a charity raffle is paid? My city is currently selling rafle tickets for $100 to win a $500K dream home. The house is being donated by the builder, and all the ticket money is going to charity. I was just wondering how the prize tax on such a thing is handled. Is the winner suposed to pay income tax on the $500K value of the home? The charity specifically states that the ticket price is not a tax deductable charity contribute. Why exactly I don't know.

What is the taxation for interstate trucking? Specifically, I have a small intrastate trucking firm located in California and we have the ability to expand to Utah, Nev, Arz, Tx. My question is, we are a C Corp filing in California, if we expand, are we required to pay other state taxes if we drop off a load in that state?

Is there such a thing as double taxation when purchasing a vehicle? I am from Washington state and I am planning on buying my next vehicle in Colorado to save some money on tax. If I pay tax on the vehicle in CO and drive it to Washington state to get it registered do I have to pay tax again on it when getting it registered in the state of Washington? Thanks for your help

How much must one make before one must report it to the government for taxation? I work a student job that gets less than 6 hours a week I need to know if I make enough that I need to report it. I make about $400 a month.

What % of taxation will be applied to my Mutual Funds withdrawal? I know nothing about mutual funds. Only, that I'm withdrawing what I've got, which should be around $36,000? I know I'll be pentalized 10%. But, what % of taxes will I owe to Oklahoma and Federal?

I need to write a letter to several taxation revenue centers on behalf of my employer. I need help? I need to make sure the letter is informative and effective. Some reason I have writers block. I'm looking for a template to go off of.

How much taxation are you willing to tolerate? Some European countries have free college tuition and health care, but pay upwards of 60 to 70 percent income tax. Are Americans ready for that? Ludwig, try answering the question, instead of channeling Keith Olbermann.

What is the best way to protect money I am making consulting on a side from taxation? I do have full time job but i am also consulting on the side. i probably will not make more then 5K a year consulting.

What are the long-term effects of the penal laws, absentee landlords, and unrestrained taxation on Ireland? What are the long-term effects of the penal laws, absentee landlords, and unrestrained taxation on Ireland? Penal Laws - 1690/1691, Battle of the Boyne/Treaty of Limerick Absentee Landlords - 1558, Ascension of Elizabeth I and Plantation Unrestrained Taxation - William III - George II (1795-1800) What does Swift's "modest proposal" have to connect with it?

Is a move of dollars between two funds subject to capital gains taxation? I received a form 1099-B from my fund manager that described the movement as an "EXCHANGE", however, there was a subsequent movement of the same funds to a different fund that did not appear on the 1099-B. Since these were truly exchanges rather than distributions, are they taxable? All of these funds are within the same account, and the account is not an IRA.

What is the effects of taxation to health? in terms of Optometrist and Physical therapist field? I mean what is the role of taxation to health especially to the fields of Physical Therapist and Optometrist?

Where can i find the Philippine Bar Questions on taxation for the year 2000-2005? Can anyone give me? I need the bar questions on taxation for the previous 5 years. State: Philippines. If there are anwers already, it would be better.

What is the procedure of payment taxation in Canada , though? is it possible to pay by cash? would a tax payment be done via the central treasury account? is it possible to pay tax by cash or bank account? or both it means How to pay tax? what do you often do after you have received the notice of the tax administration agency in Canada?

What are the US taxation rates for captial gains from foreign investments? I am a US Permanent Resident. I own approximately 12% of a UK based partnership which owns 6 overseas offices. I have been an equity partner for 3 years. The partnership is valued between £8,000,000 and £10,000,000. Should we sell the company, what US captial gains tax liability might I have? I can't seem to get a straight answer on this from my accountant.

What ever happened to No taxation without representation? As a tax payer do you really agree with how the government is spending your money these days, Congress does seem to event have a handle on where the money goes. The US is paying 16% of multinational corporate expansion (Does not benifit the US worker or consumer very much) What are your thoughts? Elections are being won with election contribution dollars and not by the good sense of individual voters and I do vote every election it is the masses that watch TV all day that really decide. http://www.dcvote.org/images/dclicenseplate.jpg

Taxation from repaid loans to a Subchapter S corporation? I'm looking over some accounts for an S Corp. The way the company is set up right now, the founders have put their money into the company, but they're treating it like a long-term loan; keeping track of the money invested and the interest it's earning, with the intent of repaying those loans as the business becomes profitable. However, we're unclear on the consequences of these paybacks. Is an individual responsible for income tax on these funds? The company president is of the opinion that it shouldn't, since the profits and losses of an S Corp flow directly to the shareholders, so he's essentially just transferring money from himself to himself. But none of us are tax experts. Any advice on how we can best withdraw money from this company as it becomes successful? If it's important, we're incorporated in New York.