I need to better understand the proposed tax systems. Mainly the fair tax or sales tax versus an income tax. I am writing a paper for school on the viewpoints of TTARA (The Texas Taxpayers and Research Ass.) and CTJ (citizens for tax justice) but cannot gain a clear idea of what each side is proposing. Obviously the republicans want the fair tax, and since TTARA is business minded, I assume they too seek the fair tax, or at least support it. But what is the Dem idea of fair taxation? Do they want an income tax? What is all this talk on CTJ about income tax cuts? I don’t have the patience to sift through all the material so I'm hoping someone can give me a basic idea of the differing positions on the matter. Mainly answer the question of who wants what and why, and who benefits most from each plan.... Also what about the working poor, do they benefit most from an income tax? Etc. Etc.
posted on May 4, 2008 - 17 answers
I live in NH but still have a CT driver's license... due to a combination of supposed lack of need and laziness. [more inside]
posted on Jan 20, 2008 - 9 answers
I need software to manage my personal & business budget. [more inside]
posted on Sep 20, 2007 - 7 answers
Are there any US citizens here who have lived abroad but did freelance or contract work for clients in the States who can share their experiences?
I am a US citizen living in Australia as a Permanent Resident since 2001. I have just gotten some freelance work from the States and need to figure out who I need to talk to on which shores to figure out the details. [more inside]
posted on Mar 13, 2007 - 10 answers ![]()
Full-time job = salary = W-2 form = income to report on federal taxes. So far, so good. But I also made a few dollars (~$1,000) in 2006 from ads on my websites (some Adsense, some others). No documentation for the income, other than deposit receipts into my bank account. How do I include this modest sum in my annual income? [more inside]
posted on Feb 27, 2007 - 9 answers
I live in New York and recently started a new job in New Jersey. On my first pay stub, I noticed that I'm paying a state income tax for both NY and NJ (and the tax for new jersey is actually $30 more than the NY tax). How can I be forced to pay income tax to two different states when I only live in one? This seems unjust.
posted on Apr 30, 2006 - 5 answers
I live in NYC, I make $60k a year, and I take home about $750 per week, which comes to $39k. This strikes me as ridiculous. Am I not using some deduction that everyone else knows about? Would I pay fewer taxes if I kept my Manhattan job but lived in New Jersey?
posted on Apr 26, 2006 - 40 answers
We have a couple of blogs and use a combination of Google Ads, AdBrite and Amazon Associates placements on them. We're trying to figure out how best to approach the income from these ads on our tax filings... [more inside]
posted on Jan 4, 2006 - 20 answers