Here is what users have to say about Taxes

useravatar
Entry added by CWAnswers Join us and contribute your knowledge as well.

Select content modules

A Tax is a financial charge or other levy imposed on an individual or a legal entity by a state or a functional equivalent of a state (for example, secessionist movements or revolutionary movements). Taxes are also imposed by many subnational entities. Taxes consist of direct tax or indirect tax, and may be paid in money or as its labour equivalent (often but not always unpaid). A tax may be defined as a "pecuniary burden laid upon individuals or property to support the government 1 a payment exacted by legislative authority."Black's Law Dictionary, p. 1307 (5th ed. 1979). A tax "is not a voluntary payment or donation, but an enforced contribution, exacted pursuant to legislative authority" and is "any contribution imposed by government 2 whether under the name of toll, tribute, tallage, gabel, impost, duty, custom, excise, subsidy, aid, supply, or other name."

Help us make CWAnswers better. Be the first one to edit this topic!

Weblinks for taxes

Top 10 for taxes

Things about taxes you find nowhere else.

Comments about this page

We love comments and hate spam too. You can add your comment by clicking on 'open comment input' below.
Show/Hide

Images found for Taxes

taxes.giftaxes_1.jpguncle_sam_taxes.jpeg
taxes_uncle_sam03.jpgtaxes_fed_state_local.03.jpgtaxes.gif.jpg
taxes.jpgtaxes.jpgtaxes.jpg

Wikipedia about taxes

A Tax is a financial charge or other levy imposed on an individual or a legal entity by a state or a functional equivalent of a state (for example, secessionist movements or revolutionary movements). Taxes are also imposed by many subnational entities. Taxes consist of direct tax or indirect tax, and may be paid in money or as its labour equivalent (often but not always unpaid). A tax may be defined as a "pecuniary burden laid upon individuals or property to support the government 1 a payment exacted by legislative authority."Black's Law Dictionary, p. 1307 (5th ed. 1979). A tax "is not a voluntary payment or donation, but an enforced contribution, exacted pursuant to legislative authority" and is "any contribution imposed by government 2 whether under the name of toll, tribute, tallage, gabel, impost, duty, custom, excise, subsidy, aid, supply, or other name."

In modern taxation systems, taxes are levied in money, but in-kind and corvée taxation are characteristic of traditional or pre-capitalist states and their functional equivalents. The method of taxation and the government expenditure of taxes raised is often highly debated in politics and economics. Tax collection is performed by a government agency such as Canada Revenue Agency, the Internal Revenue Service (IRS) in the United States, or Her Majesty's Revenue and Customs (HMRC) in the UK. When taxes are not fully paid, civil penalties (such as fines or forfeiture) or criminal penalties (such as incarceration) may be imposed on the non-paying entity or individual.

Purposes and effects

Funds provided by taxation have been used by states and their functional equivalents throughout history to carry out many functions. Some of these include expenditures on war, the enforcement of law and public order, protection of property, economic infrastructure (roads, legal tender, enforcement of contracts, etc.), public works, social engineering, and the operation of government itself. Most modern governments also use taxes to fund welfare and public services. These services can include education systems, health care systems, pensions for the elderly, unemployment benefits, and public transportation. Energy, water and waste management systems are also common public utilities. Colonial and moderning states have also used cash taxes to draw or force reluctant subsistence producers into cash economies.

Governments use different kinds of taxes and vary the tax rates. This is done to distribute the tax burden among individuals or classes of the population involved in taxable activities, such as business, or to redistribute resources between individuals or classes in the population. Historically, the nobility were supported by taxes on the poor; modern social security systems are intended to support the poor, the disabled, or the retired by taxes on those who are still working. In addition, taxes are applied to fund foreign and military aid, to influence the macroeconomic performance of the economy (the government's strategy for doing this is called its fiscal policy - see also tax exemption), or to modify patterns of consumption or employment within an economy, by making some classes of transaction more or less attractive.

Search results for Taxes

Taxes - Taxes

Taxes Site - Michigan Taxes, tax, income tax, business tax, sales tax, tax form, 1040, w9, treasury, withholding ... Bill for Taxes Due: ...www.michigan.gov/taxes

Tax News for Home Taxes and Business Taxes - CNNMoney.com

Tax advice columns, calculation tools, and more.money.cnn.com/pf/taxes/index.html

Tax - Wikipedia, the free encyclopedia

In modern taxation systems, taxes are levied in money, but in-kind and corvée ... When taxes are not fully paid, civil penalties (such as fines or forfeiture) or ...en.wikipedia.org/wiki/Tax

California Tax Information Center

Simplified payroll, income, sales, and use taxes for California.www.taxes.ca.gov/

Tax Information and Advice on MSN Money

Find detailed tax information, research, advice and important news on MSN Money. Make the most of your finances today.articles.moneycentral.msn.com/taxes/home.aspx

Images found for Taxes

taxes.gifuncle_sam_taxes.jpgtaxes.gif
Texas_Taxes.JPGtaxes.giftaxes.jpg
taxes.giftaxes.jpgassembly-taxes-copyright1.gif

News about Taxes

No new taxes, Palace assures

Philstar.comMalacañang gave assurances yesterday that no new taxes would be imposed despite fears of reduced government revenues brought about by the global economic slowdown.http://www.philstar.com/scripts/articles.php?%26aid%3D200810...

DEMOCRATS, TAXES AND PHONY 'FACTS'

New York PostMEDIA "correction" squads are insisting that John McCain can't say Barack Obama will raise taxes, no matter how much that announcing Democrats will raise taxes is like announcing the sun will rise. In 1992, Vice President Dan Quayle suggested Bill...http://www.nypost.com/seven/10022008/postopinion/opedcolumni...

Taxes nearly flat in Dyster budget

The Buffalo NewsNIAGARA FALLS -- Property taxes would remain nearly flat under Mayor Paul A. Dyster's proposed $93 million budget for 2009 that uses a shot of leftover state aid to help offset a spending increase of 5 percent.http://www.buffalonews.com/cityregion/niagaracounty/story/45...

Fiala speaks on county taxes, city-county relations

Naples Daily NewsDuring the budget process City Councilors and residents have said things like “if you’re worried about taxes, talk to the county, they’re the ones who get all the money. The city only gets 10 percent.” Collier County Commissioner Donna Fiala, re-elected this year without opposition, agreed to sit down with the Eagle and share where the money goes and how the City of Marco Island relates wi...http://naplesnews.com/news/2008/oct/02/fiala-speaks-county-t...

Pay By Phone: Oakland Co. Property Taxes

WXYZ-TV DetroitProperty owners in Oakland County now have a new convenient way to pay their property taxes.http://www.wxyz.com/news/local/story.aspx?content_id=48a18bd...

News about Taxes

Biden accuses McCain campaign of launching 'unbecoming personal ...

Minneapolis Star TribuneIn Pennsylvania, Biden defended a comment he made in an ABC interview last month in which he said the wealthiest Americans should show their patriotism by paying more in taxes. The Obama campaign has said it plans to hike taxes on people earning more ... http://www.startribune.com/politics/national/president/30868...

Canadian leader gambles for Conservative majority

Houston ChronicleHe favors all the values of the right, smaller government and lower taxes and open markets and so forth, but he'll depart from any of those values at any time for political reasons." If he wins a majority, just how conservative he truly is remains to ... http://www.chron.com/disp/story.mpl/world/6054574.html

Rouson got home loan while still in bankruptcy

St. Petersburg TimesAt the same time in 2002, Rouson declared Chapter 7 bankruptcy, listing assets of $134,000 — primarily his home — and debts of $522,102, including the unpaid taxes and two mortgages on the house. Chapter 7 gives people with few assets a fresh ... http://www.tampabay.com/news/article850209.ece

Continued: Pragmatist, or opportunist?

Minneapolis Star TribuneWe put a lid on taxes. ... We added 18,000 new jobs. ... And through a public-private partnership, we built this magnificent arena." "He was masterful at how he approached it," said Sean Kershaw, the executive director of the Citizens League, who was ... http://www.startribune.com/politics/state/30872369.html?page...

Mexico Lawmakers Propose Incentives for Companies to Help Pemex

BloombergOpponents say the plan would transfer Mexico's oil wealth to foreigners and the business elite, and say reducing Pemex's taxes would be a better way of freeing up money for exploration and production. Oil output at Pemex fell 9.2 percent to 2.834 ... http://www.bloomberg.com/apps/news?pid=20601072&sid=aolpzQcW...

Search results for Taxes

taxes definition |Dictionary.com

Sponsored Links Fast Relief for IRS Debt. 30 Second Quote to see how low you can settle IRS Debt. Members BBB. FreedomTaxRelief.comhttp://dictionary.reference.com/browse/taxes

California Tax Service Center - Homepage

... Income Tax; Payroll Tax; Sales & Use Tax; Other Taxes & Fees; About Us; Contact Ushttp://www.taxes.ca.gov/

File Taxes Online - Do Taxes FREE - File Taxes With TaxACT

FREE tax software from TaxACT allows you to do your taxes online, offering free IRS E-file. File taxes online with TaxACT tax software.http://www.taxact.com/

Taxes - Taxes

Taxes Site - Michigan Taxes, tax, income tax, business tax, sales tax, tax form, 1040, w9, treasury, withholdinghttp://www.michigan.gov/taxes

Taxes: Tax Planning, Tools and Advice - MSN Money

8 types of income the IRS can't touch. Don't overpay taxes on income that's protected by the U.S. tax code. Here are the major categories to watch, including five types of raises ... http://articles.moneycentral.msn.com/taxes/home.aspx
250,073
Articles
  • Recent
  • Mine
  • Watched
  • Commented
You must be logged in to perform this operation
You must be logged in to perform this operation

Videos found for Taxes

Candidates Take Jabs Over Taxes

Candidates Take Jabs Over TaxesSens. Obama and McCain attack one another over tax plans and promises.Flash - Video

Ping Pong and Taxes Made Easy

Ping Pong and Taxes Made EasyPro Skateboarder Billy Marks makes ping pong as easy as TurboTax http://turbotax.intuit.comFlash - Video

McCain: 'I Will Not Raise Your Taxe...

McCain: 'I Will Not Raise Your Taxes'July 30 - John McCain says he will not raise taxes or support tax increases as president. McCain is campaigning in Colorado.Flash - Video

Math Bus: Tax Season

Math Bus: Tax SeasonIt's the Math Brothers favorite time of the year. Why? Cuz it's TAX SEASON! Boo Yah. In this special episode the Math Bros cruise around the campus of illustrious Columbia...Flash - Video

James Tripp for President on Taxes

James Tripp for President on TaxesTaxes Shmaxes! Presidential Campaign.Flash - Video

Videos found for Taxes

Taxes.256k.rm

Taxes.256k.rmTaxes.28k.rm 21-Jun-2005 10:38 465K Taxes.56k.rm 21-Jun-2005 10:38 777K Taxes.256k.rm 21-Jun-2005 10:38 1.8M TaxesForFreeServices.. 21-Jun-2005 10:39 186Krealmedia: 1.7 MB w:320px - h:240px

Rate the States on Taxes

Rate the States on TaxesHow much do you pay in everyday taxes? It all depends on where you live.wmv: 0 MB w:793px - h:608px

SIMS_04_taxes.rm

SIMS_04_taxes.rmHow it Works (RealPlayer 5.3MB) Why a Paycheck Isn't Enough (RealPlayer 3.1MB) Are Taxes Eating Up Half of Your Budget? (RealPlayer 2.9MB) Is Your Program Delivering Results? (RealPlayer .92MB)realmedia: 2.8 MB w:320px - h:240px

taxes.ram

taxes.ramtakeit.jpg Monday, April 26, 2004 9:40 AM 620 taxes.html Monday, April 26, 2004 9:40 AM 70 taxes.ram Monday, April 26, 2004 9:40 AM 24948 taxes1.jpg Monday, April 26, 2004 9:40 AM 7261realmedia: 0 MB w:240px - h:180px

taxes.rm

taxes.rmtakeit.jpg Wednesday, April 20, 2005 12:25 PM 635 taxes.html Wednesday, April 20, 2005 11:17 AM 2776628 taxes.rm Wednesday, April 20, 2005 11:14 AM 24948 taxes1.jpg Wednesday, April 20, 2005 11:14 AM ...realmedia: 2.6 MB w:240px - h:180px

Answers for Taxes

Michael B

Is the sales tax I paid on a vehicle purchase in Texas deductable from my federal income taxes?

Michael BYes, on your Schedule A, which means you would need to itemize to receive the deduction. If you don't itemize, your standard deduction might be greater than your itemized deductions. You may want ...
wise investment

Can taxes from my groceries receipts be included when I file my tax?

wise investmentIf you itemize you can deduct either your income tax or sales tax paid during the year. Even if you elect to deduct the sales tax you paid you don't have to save all of your receipts. You can save the...
honey

Pay more taxes if you live work in different states?

honeyThat depends. Some states have reciprocity agreements where residents who work across state lines only pay taxes in their home state. IA and NE do not appear to have a reciprocity agreement in p...
Product Researcher

How do I file taxes for money I made in Idaho, if I reside in California?

Product ResearcherI am a tax preparer in Idaho. You need to file an Idaho Non Resident form 40NR The Idaho State Tax Commission can help you thru the process if you need them. Their website is: http://tax.i...
ralph p

If i paid corporate taxes out of my pocket, is it deductable?

ralph pNo based on the theory that you were not engaged in a trade or business. I have toyed with the same issue for clients but haven't had any with enough to warrant what it would cost to fight. If t...

Attributions

Web, Images, Video, News and Answers Search Results are "Powered by Yahoo!"
Web, Images, News Search Results are "Powered by MSN"
This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article .
Disclaimer: All other trademarks, registered trademarks, product names and company names or logos mentioned herein are the property of their respective owners.
Contact Us[X]
Your name
Email
Subject
Your comment