Stories tagged "taxes" - Page 7

jn,

Man it isn't that we NEED a collapse it is that we sooner or later will have one. You can't do the things this nations has done from a monetary stand and not eventually collapse. Sooner or later it will happen, ever save we experience will just make the eventual outcome worse.

Right now we are on track to soon owe more money then the entire nation (including the wealthiest of the wealthy) have. In other words we can't repay the money because there isn't enough money if all the money was in one place. Keep in mind this isn't opinion it is simply math.

Trust me I don't want a collapse, I just understand that sooner or later it must be the result. Did you know that in the US right now there is over a TRILLION dollars of toxic consumer debt (credit cards). By toxic it is money that can never be repaid, the people that owe it don't have nor will they ever have the ability to repay it.

Sooner or later with the fed just printing more money and more money we are going to hit what is called a deflation spiral. Did you know that every form or paper currency ever created has eventually collapsed. Paper money isn't as new as many people seem to think.

- jjspirko commented on Why did Clinton wait to release her tax returns?
- 8 months ago
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jn,

Man it isn't that we NEED a collapse it is that we sooner or later will have one. You can't do the things this nations has done from a monetary stand and not eventually collapse. Sooner or later it will happen, ever save we experience will just make the eventual outcome worse.

Right now we are on track to soon owe more money then the entire nation (including the wealthiest of the wealthy) have. In other words we can't repay the money because there isn't enough money if all the money was in one place. Keep in mind this isn't opinion it is simply math.

Trust me I don't want a collapse, I just understand that sooner or later it must be the result. Did you know that in the US right now there is over a TRILLION dollars of toxic consumer debt (credit cards). By toxic it is money that can never be repaid, the people that owe it don't have nor will they ever have the ability to repay it.

Sooner or later with the fed just printing more money and more money we are going to hit what is called a deflation spiral. Did you know that every form or paper currency ever created has eventually collapsed. Paper money isn't as new as many people seem to think.
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- lizak commented on Town may pay seniors to work off taxes - Tax tactics - MSNBC.com
- 9 months ago
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Great idea. Seniors have an opportunity to get out and stay active, which we've come to learn is a really good thing both physically and psychologically. It's got to be stressful to owe taxes without having a way to work off the debt. I say give corporations tax relief to bring home lots of those overseas jobs and allow people to help themselves -- seniors, as well as stay-at-home moms, students, etc. Good start. Could open up lots of possibilities here.
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- jnbammer commented on Chicago to Have Highest U.S. Sales Tax; Enrolled Bill Shenanigans
- 9 months ago
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You must be drinking the good stuff:)!
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- allenshillfarm commented on $200 A -a-Gram Tax on Cocaine
- 10 months ago
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@WaRdRivR
funny how history repeats itself
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- tenpin1955 commented on You could get your tax rebate by May
- 10 months ago
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I dont see anything for people on social security dissabilty we draw it because we cant work not because we dont want to and its because I paid taxes for over 30 years trust me it would be spent not saved after gas and utilities theres not much left now days
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- allen_mvp commented on Why Tax Refund Anticipation Loans are a Bad Idea
- 10 months ago
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@debt_guru Thanks! I believe (and have faith) that over time it will do well. Potential buyer of space (advertisers) are getting a great deal for the money spent, and it helps me to pay off debt and help my church to build a much needed building.
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- violentndelicious commented on Trent Reznor says NO to an ISP Tax
- 10 months ago
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I love him. Even if people dont like his music you cant help but be impressed by how he's constantly pushing the envelope on the business side of things.
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- pleeker commented on Careful! Be Sure You're Allowed to Deduct Those Home Office Expenses
- 10 months ago
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@Bdog2g2 -- thanks, and I agree. My wife's a real estate agent, I'm about to have a book published later this year, and we have other ancillary income -- so, I gave up doing our taxes about 3 years ago. My time is better spent on things I enjoy, and we have a fine accountant who takes care of everything for us. He's worth his weight in .... deductions?
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- allen_mvp commented on Do my business taxes need to be filed by April 15th?
- 10 months ago
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Nice find. FYI - If you want to file an extension on your business taxes it must be sent and received by the IRS by March 15th.
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- abrahamluco commented on Tax Help and Information Articles
- 10 months ago
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very informative
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