Donna asks…
Should I file for the past six years even though I only have a minimal amount of unearned income?
I am unemployed and dependent on my mom for support.For the past several years all I have earned is a minimal amount of unearned income(below minimum amount to file) on a savings account and a certificate of deposit. I heard from someone that you should file for the past six years because the IRS can hold you criminally responsible if you didn’t file and should have. I know I don’t owe any money, but should I back file for at least the past six years? I am also concerned because I am applying for state health insurance(for low income and poor people)and the insurance program wants my social security number and they will use my ssn to check my latest tax form. If they don’t find a tax form will I be in trouble with IRS or possibly be audited? Also if I did back file, do I have to pay a late filing fee for each year(I think it is a $100.00 per year) even though I won’t owe any taxes. Also, is there any reason to backfile beyond six years if I don’t owe anything?
Travis Bunker answers:
The fee goes by how much they feel you owe and by how many days late you are. Best to file so you don’t get into trouble but the odds are you should consult a tax attorney to represent you for fines and cost. Odds are you would have got money back. Not now you are late.
Ruth asks…
Would you vote for someone who….?
1. Against illegal immigration but pro legal immigration.
2. Would restore and make FAIR trade mean exactly that fair to both sides as in equal
3. Abolish the income tax and the IRS
4. Make property tax paid once at time of purchase and not year after year
5. Would create medical savings accounts to provide for your health care by deductions from your paycheck going into a fund for you and which you were allowed to withdraw from in times of emergency.
6. Would cut back welfare and related programs encouraging a workfare instead of a welfare.
7. Would make sure public schools taught the children and did not feed them indoctrination
Its not Ron Paul geez u guys
also favors Nuclear Power as the energy that should power this country
In Reference to the Property Tax issue use fees that are added to your property tax cover the schools take a look at your bill just the tax alone doesnt cover you have the tax and then you have user fees or service fees. That you can pay every year but the property tax every year is criminal. when you buy something you pay tax on it ONCE why not with property
Also this person would eliminate capiital gains tax
Travis Bunker answers:
Count me in, I agree with all these.
Linda asks…
Government can make us buy stuff?
QUESTION: Can government make you sign anything? A Contract? A Confession?
All the below is merely commentary to flesh out the question.
________________
The real question here is not what flavor of poison do we want, it is will we obey the Constitution.
Any and all of their health/insurance reform/takeover plans violate the Constitution’s 4th, 5th, 9th, 10th Amendments and Article 1 (contract). They have Congress transferring power it doesn’t have to the Executive branch. They use the IRS as the enforcement agency, which has the effect of linking medical and financial info (databases), which gives the keys to your life to 600 agencies, makes your life a fishbowl and gives government total information about and control over significant parts of your life. Medical savings accounts now in existence will be useless: people will have to buy insurance or be fined/imprisoned. The whole thing violates Roe vs Wade (privacy). The obvious goal of all these plans is to eventually eliminate private insurance and give government a monopoly. I thought Liberals didn’t like monopolies?
Are we really thinking of completely overturning the Social Compact and our concept of government by allowing government to force us into contracts?
If something goes wrong under government health care, you have no recourse. Can’t sue the government unless it agrees to let you in each individual case. Look at the legal protections for vaccinations we have now. At every level they are immune from your suing them. Doctors, manufacturers, insurance companies, government officials, everyone in the chain is protected from you having any recourse in the courts if you get damaged. =Tough luck buddy! It will be same for all medicine under a government system.
Is it worth it? Would you trade your freedom for a pot of soup? The whole thing is unconstitutional from at least half a dozen angles, so it wouldn’t hold up anyway.
While advocates of this ‘new deal’ wave the flag and appeal to people’s greed and fear, the bottom line is all this is a very serious attack on the Constitution. The Constitution is the Supreme Law of The Land and all laws made must be in accordance with it.
Government is writing laws (not yet passed) threatening civil and criminal penalties for not buying somebody’s insurance product. The IRS will be the primary enforcement agency and the penalties include fines or imprisonment, possibly for a felony. That is the “gunbarrel of government coercion” (a phrase I got from the Supreme Court). Being convicted of a felony deprives the offender of the right to vote and own guns (which advocates of Totalitarian government would just love: de-fang the opposition).
Hey, maybe this could be the answer to saving the economy. If government can make us sign contracts to buy insurance, it can make us buy anything alleged to serve the greater good. It could make us buy a new car. It could make us buy one of their surplus houses. It could make us buy a new bed so the public doesn’t get stuck with the health care costs of our waking up with a stiff back. It could make us buy all kinds of stuff. Wall Street will be so happy!
By golly, I may have just saved the World. All we have to do is give government the power to make us buy stuff, to force us to sign contracts promising specific performance, and the economy could be humming along nicely in no time. Of course we would be slaves, but nobody seems to care about Freedom any more, or read the Constitution, so who would notice?
Please do not use the car insurance argument. You agreed to buy liability insurance to protect those around you when you asked for the license. You volunteered into a regulated enterprise. The health insurance thing is not like that.
Travis Bunker answers:
Our government is made up of bullies and control freaks. They can’t make us sign anything legally…but this administration (and ones before it) isn’t exactly working within the parameters of the law. I want to know how much we are going to allow. We have unparalleled corruption at so many (all) levels and they know what buttons to push…they have the code sequence…and the Cloward-Piven Strategy to get things done the way they want them done. We have the Constitution but it is worthless if we don’t enforce it. We the People must demand our rights and we must follow through with our demands or it will all have been in vain….every last bit of it.
Mary asks…
Reasons we should switch to the Fair/Flat tax?
Note – to Liberals you don’t read what I say read the facts tell me in a economic approach were this tax hurts the poor if they are paying 30% less in healthcare 30% less in food prices and 8% less in everything else it helps the rich but it helps the poor to and is way better than our current tax plan here is my argument—-
People say that it will hike tax’s for the poor, it wont it will be easyer for the poor they will still receive tax returns..
We pay the second highest corporate tax next to Japan 30% of a product is tax , a 22% sales tax would lower prices on everything
The Tea Act-When the British stopped taxing the merchants and taxed the tea witch drove prices super low (The Americans got pissed since they were being taxed without representation) but its a truth of economics over 70% of economists approve it, It will increase exports since foreighn country’s wouldn’t have to pay our sales tax (I also forgot doesn’t tax food food prices will go down and it wont tax health care health care will go down) All you people that do not support it start
If you disagree give me a reason I’m wrong I would like to see it!
My cousin the economists Thoughts on it (word for word)
Sounds like a plan!
Bet it would reduce the tax code from over 1.1 million words to 139 pages. Explainable on one 3×5 card. So Transparent!
Would bring $11 trillion dollars home in offshore savings accounts.
Would make our products really competitive on the world market.
Everybody would pay, the rich pay more than the poor, and even our visitors would contribute!
We reduce the number of tax collection points from 100 million to just over 50 (states, the district, and territories)
We get a 20-30% boost in collectable taxes and fully fund the Federal Budget, Social Security, and Medicare.
We greatly reduce the IRS budget of $10 billion!
And NEVER fear them again! (I have been audited – be afraid -
BE VERY AFRAID!)
Make April 15th just another spring day!
I think you are right on the MONEY!
All the Best
Travis Bunker answers:
I would support lowering the corporate tax. That doesn’t have anything to do with any flat tax proposal, but it would have competitive advantages. (the two disadvantages would be corporate tax incentives would be less productive, and the “hidden” tax paid by exporting goods would go down and have to be replaced by other tax income.)
As for a “flat” tax, the devil is in the details. It has to bring in enough revenue to be similar to the income tax, while not impacting the people least able to afford the new tax too much.
For example, if there is written in a “rebate” for under a certain amount of income provision to counteract the obvious bias toward the poor, then hundreds of millions of people who don’t need to file taxes (because they are under the income limitation) will suddenly need to file taxes. That would take an INCREASE in IRS budget to handle off of that, not a decrease. But it would be very good for H&R Block and similar.
Politically, who would support it? The approximately one third of taxpayers who itemize (own a house, etc) will complain at the voting polls, because they will lose their mortgage interest and property tax. That would put further pressure on the housing market (they couldn’t sell houses as easily without some tax break). So, already, you have home owners and bankers against it.
Etc. Etc.
Personally, I wouldn’t mind a flat tax, because I suspect my taxes would go down. But I would not call it fair.
Jenny asks…
Should we switch to the fair tax?
People say that it will hike tax’s for the poor, it wont it will be easyer for the poor they will still receive tax returns..
We pay the second highest corporate tax next to Japan 30% of a product is tax , a 22% sales tax would lower prices on everything
The Tea Act-When the British stopped taxing the merchants and taxed the tea witch drove prices super low (The Americans got pissed since they were being taxed without representation) but its a truth of economics over 70% of economists approve it, It will increase exports since foreighn country’s wouldn’t have to pay our sales tax (I also forgot doesn’t tax food food prices will go down and it wont tax health care health care will go down) All you people that do not support it start
If you disagree give me a reason I’m wrong I would like to see it!
My cousin the economists Thoughts on it (word for word)
Sounds like a plan!
Bet it would reduce the tax code from over 1.1 million words to 139 pages. Explainable on one 3×5 card. So Transparent!
Would bring $11 trillion dollars home in offshore savings accounts.
Would make our products really competitive on the world market.
Everybody would pay, the rich pay more than the poor, and even our visitors would contribute!
We reduce the number of tax collection points from 100 million to just over 50 (states, the district, and territories)
We get a 20-30% boost in collectable taxes and fully fund the Federal Budget, Social Security, and Medicare.
We greatly reduce the IRS budget of $10 billion!
And NEVER fear them again! (I have been audited – be afraid -
BE VERY AFRAID!)
Make April 15th just another spring day!
I think you are right on the MONEY!
All the Best
Travis Bunker answers:
Not only is it a fair tax but it is a Constitutional tax.
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