mnealtx 0 #226 December 29, 2009 QuoteA business owner, like everyone else, is liable for THEIR taxes. Gold star for you. Quote What you were offering a post ago was making a business owner liable for the taxes paid by the OTHERS, who they paid to, or (like in case of packers) who they didn't even pay. Just to make it clear, is that what you are offering as a realistic solution? You must have missed the discussion a week or so back about private contractors. There have been changes to the law that could very well make businesses convert 'private contractors' to regular employees with all that entails regarding insurance, taxes, etc.Mike I love you, Shannon and Jim. POPS 9708 , SCR 14706 Quote Share this post Link to post Share on other sites
mnealtx 0 #227 December 29, 2009 QuoteQuoteQuote>Red herring - there is no special "non-homeowner tax". I'm afraid there is. Here's the link to the IRS page: http://www.irs.gov/newsroom/article/0,,id=204671,00.html What you linked to is a tax credit towards your owed taxes. "Homebuyer Credit Expanded and Extended" "The Housing and Economic Recovery Act of 2008 established a tax credit" "The credit is claimed using" What you are implying is that the government is passing bills requiring us to buy homes and penalizing us if we don't. One could suppose from your argument that the taxes you pay should go to buy me a home instead. -(-1) = +1 -(-tax) = +tax Time for a new dictionary. Credit != tax, *especially* when it has to be repaid.Mike I love you, Shannon and Jim. POPS 9708 , SCR 14706 Quote Share this post Link to post Share on other sites
georgerussia 0 #228 December 29, 2009 Quote You must have missed the discussion a week or so back about private contractors. There have been changes to the law that could very well make businesses convert 'private contractors' to regular employees with all that entails regarding insurance, taxes, etc. Yes, I missed it, but what is your point? Even in the case of employees the business is not responsible for their taxes, only to withhold and properly pay the amount required by law from the monies paid by the business as salary. If, despite proper withholding, at the end of the year an employee still owes taxes (a typical case here in Silicon Valley when both spouses work), it is the employee's liability, and the business is not liable to pay tax for them.* Don't pray for me if you wanna help - just send me a check. * Quote Share this post Link to post Share on other sites
mnealtx 0 #229 December 29, 2009 QuoteQuote You must have missed the discussion a week or so back about private contractors. There have been changes to the law that could very well make businesses convert 'private contractors' to regular employees with all that entails regarding insurance, taxes, etc. Yes, I missed it, but what is your point? Even in the case of employees the business is not responsible for their taxes, only to withhold and properly pay the amount required by law from the monies paid by the business as salary. If, despite proper withholding, at the end of the year an employee still owes taxes (a typical case here in Silicon Valley when both spouses work), it is the employee's liability, and the business is not liable to pay tax for them. The DZ could be liable for penalties, depending on the status of the workers (employee or contractor). If a contractor, the packer is liable for self-employment tax, among others. It wouldn't surprise me if there was some obscure IRS reg that said exactly that, though...Mike I love you, Shannon and Jim. POPS 9708 , SCR 14706 Quote Share this post Link to post Share on other sites
georgerussia 0 #230 December 29, 2009 Quote Time for a new dictionary. Credit != tax, *especially* when it has to be repaid. What about Child Tax Credit? How would it fit into your new dictionary?* Don't pray for me if you wanna help - just send me a check. * Quote Share this post Link to post Share on other sites
mnealtx 0 #231 December 29, 2009 QuoteQuote Time for a new dictionary. Credit != tax, *especially* when it has to be repaid. What about Child Tax Credit? How would it fit into your new dictionary? What part of "credit does NOT equal tax" are you having problems with?Mike I love you, Shannon and Jim. POPS 9708 , SCR 14706 Quote Share this post Link to post Share on other sites
georgerussia 0 #232 December 29, 2009 Quote The DZ could be liable for penalties, depending on the status of the workers (employee or contractor). How exactly a DZ could be liable for penalties if a worker is independent contractor (unless IRS assumes the worker is actually employee, but in this case the penalty would not be related to worker tax liability)? How exactly a DZ could be liable for penalties if a worker is an employee, and the DZ properly withholds taxes from his salary?* Don't pray for me if you wanna help - just send me a check. * Quote Share this post Link to post Share on other sites
georgerussia 0 #233 December 29, 2009 QuoteWhat part of "credit does NOT equal tax" are you having problems with? My understanding of what Kallend said is "lack of tax credit = tax". So child tax credit may also be fairly presented as "non-children tax". So "tax = -credit".* Don't pray for me if you wanna help - just send me a check. * Quote Share this post Link to post Share on other sites
kallend 2,148 #234 December 29, 2009 QuoteQuoteQuoteQuote>Red herring - there is no special "non-homeowner tax". I'm afraid there is. Here's the link to the IRS page: http://www.irs.gov/newsroom/article/0,,id=204671,00.html What you linked to is a tax credit towards your owed taxes. "Homebuyer Credit Expanded and Extended" "The Housing and Economic Recovery Act of 2008 established a tax credit" "The credit is claimed using" What you are implying is that the government is passing bills requiring us to buy homes and penalizing us if we don't. One could suppose from your argument that the taxes you pay should go to buy me a home instead. -(-1) = +1 -(-tax) = +tax Time for a new dictionary. Credit != tax, *especially* when it has to be repaid. What part of a negative sign do you fail to understand?... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
mnealtx 0 #235 December 29, 2009 QuoteQuoteQuoteQuoteQuote>Red herring - there is no special "non-homeowner tax". I'm afraid there is. Here's the link to the IRS page: http://www.irs.gov/newsroom/article/0,,id=204671,00.html What you linked to is a tax credit towards your owed taxes. "Homebuyer Credit Expanded and Extended" "The Housing and Economic Recovery Act of 2008 established a tax credit" "The credit is claimed using" What you are implying is that the government is passing bills requiring us to buy homes and penalizing us if we don't. One could suppose from your argument that the taxes you pay should go to buy me a home instead. -(-1) = +1 -(-tax) = +tax Time for a new dictionary. Credit != tax, *especially* when it has to be repaid. What part of a negative sign do you fail to understand? What part of the word "credit" do you fail to understand?Mike I love you, Shannon and Jim. POPS 9708 , SCR 14706 Quote Share this post Link to post Share on other sites
kallend 2,148 #236 December 29, 2009 QuoteQuoteQuoteQuoteQuoteQuote>Red herring - there is no special "non-homeowner tax". I'm afraid there is. Here's the link to the IRS page: http://www.irs.gov/newsroom/article/0,,id=204671,00.html What you linked to is a tax credit towards your owed taxes. "Homebuyer Credit Expanded and Extended" "The Housing and Economic Recovery Act of 2008 established a tax credit" "The credit is claimed using" What you are implying is that the government is passing bills requiring us to buy homes and penalizing us if we don't. One could suppose from your argument that the taxes you pay should go to buy me a home instead. -(-1) = +1 -(-tax) = +tax Time for a new dictionary. Credit != tax, *especially* when it has to be repaid. What part of a negative sign do you fail to understand? What part of the word "credit" do you fail to understand? Your arguments tonight are increasingly lame.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
billvon 3,116 #237 December 29, 2009 >What part of the word "credit" do you fail to understand? In your world, if you use a credit card to buy things, do they give you the price of the item back? Pretty much everyone else (outside people who have a desperate need to misunderstand) gets it. If that's all you've got - that a tax deduction is not the opposite of a tax penalty - then the right has indeed run out of intelligent arguments. But if it will make you feel better, we'll just claim that we're giving people who have health insurance a tax deduction, and let all the people who don't have health insurance pay the regular tax. Per your statements, this is completely different and will satisfy all your objections to this issue - and the result is exactly the same. Quote Share this post Link to post Share on other sites
rehmwa 2 #238 December 29, 2009 QuoteI must have missed the part where the IRS stipulated that a "First Time Homebuyer CREDIT" (a one-time affair that has to be paid back, prior to the stimulus bill) is somehow a tax on anyone that doesn't qualify. Mike - what's wrong with you? You finally got these guys to admit that when one group gets a non-universal benefit, that it's equivalent to taxing the rest of us to cover the unequal treatment. They never admit that directly, now they are auguing the point. Take the win. ... Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants Quote Share this post Link to post Share on other sites
turtlespeed 226 #239 December 29, 2009 QuoteQuoteQuote>Red herring - there is no special "non-homeowner tax". I'm afraid there is. Here's the link to the IRS page: http://www.irs.gov/newsroom/article/0,,id=204671,00.html What you linked to is a tax credit towards your owed taxes. "Homebuyer Credit Expanded and Extended" "The Housing and Economic Recovery Act of 2008 established a tax credit" "The credit is claimed using" What you are implying is that the government is passing bills requiring us to buy homes and penalizing us if we don't. One could suppose from your argument that the taxes you pay should go to buy me a home instead. -(-1) = +1 -(-tax) = +tax If blue rabbits have red eyes do all rabbits have red eyes?I'm not usually into the whole 3-way thing, but you got me a little excited with that. - Skymama BTR #1 / OTB^5 Official #2 / Hellfish #408 / VSCR #108/Tortuga/Orfun Quote Share this post Link to post Share on other sites
Andy9o8 2 #240 December 29, 2009 QuoteIf blue rabbits have red eyes do all rabbits have red eyes? Yes, because all rabbits have red eyes. Even the sober ones. Quote Share this post Link to post Share on other sites
kallend 2,148 #241 December 29, 2009 QuoteQuoteQuoteQuote>Red herring - there is no special "non-homeowner tax". I'm afraid there is. Here's the link to the IRS page: http://www.irs.gov/newsroom/article/0,,id=204671,00.html What you linked to is a tax credit towards your owed taxes. "Homebuyer Credit Expanded and Extended" "The Housing and Economic Recovery Act of 2008 established a tax credit" "The credit is claimed using" What you are implying is that the government is passing bills requiring us to buy homes and penalizing us if we don't. One could suppose from your argument that the taxes you pay should go to buy me a home instead. -(-1) = +1 -(-tax) = +tax If blue rabbits have red eyes do all rabbits have red eyes? Math isn't your strong point, is it?... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
jcd11235 0 #242 December 29, 2009 QuoteHe was trying to be smart, but got trapped in his own words. No, I'm waiting for all of the variables besides the one he wants to be provided as given information. I'm sorry you were unable to comprehend that.Math tutoring available. Only $6! per hour! First lesson: Factorials! Quote Share this post Link to post Share on other sites
jcd11235 0 #243 December 29, 2009 QuoteQuoteQuoteRight...of course, you're only required to carry liability (to cover damage to other's property) once you've paid off the vehicle. And, of course, said insurance only applicable IF you own a car and IF you use it on public roads. Applicable laws vary from state to state. Neither of your statements is true in Florida. Cite, please. Florida state law requires all drivers to carry personal injury protection. Any registered vehicle in Florida must be insured, whether or not it is driven on public roads. If you don't believe me, feel free to google it. Or, is it my assertion that insurance requirements vary from state to state that you don't believe?Math tutoring available. Only $6! per hour! First lesson: Factorials! Quote Share this post Link to post Share on other sites
turtlespeed 226 #244 December 29, 2009 QuoteQuoteQuoteQuoteQuote>Red herring - there is no special "non-homeowner tax". I'm afraid there is. Here's the link to the IRS page: http://www.irs.gov/newsroom/article/0,,id=204671,00.html What you linked to is a tax credit towards your owed taxes. "Homebuyer Credit Expanded and Extended" "The Housing and Economic Recovery Act of 2008 established a tax credit" "The credit is claimed using" What you are implying is that the government is passing bills requiring us to buy homes and penalizing us if we don't. One could suppose from your argument that the taxes you pay should go to buy me a home instead. -(-1) = +1 -(-tax) = +tax If blue rabbits have red eyes do all rabbits have red eyes? Math isn't your strong point, is it? No, in fact it is not, compared to a mathematician. But then you still make me laugh - by your example - we are also being fined for not having a low paying job and lots of children, as evidenced if you put your formula to work with the earned income CREDIT.I'm not usually into the whole 3-way thing, but you got me a little excited with that. - Skymama BTR #1 / OTB^5 Official #2 / Hellfish #408 / VSCR #108/Tortuga/Orfun Quote Share this post Link to post Share on other sites
rehmwa 2 #245 December 29, 2009 Quoteby your example - we are also being fined for not having a low paying job and lots of children, as evidenced if you put your formula to work with the earned income CREDIT. why, one might even think we are being fined if we don't participate in any social welfare program, or if we don't use the roads, or if we don't have a military base in our town, or if we don't live near a national park, or .......... ... Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants Quote Share this post Link to post Share on other sites
mnealtx 0 #246 December 29, 2009 QuoteQuoteQuoteQuoteRight...of course, you're only required to carry liability (to cover damage to other's property) once you've paid off the vehicle. And, of course, said insurance only applicable IF you own a car and IF you use it on public roads. Applicable laws vary from state to state. Neither of your statements is true in Florida. Cite, please. Florida state law requires all drivers to carry personal injury protection. Any registered vehicle in Florida must be insured, whether or not it is driven on public roads. If you don't believe me, feel free to google it. Or, is it my assertion that insurance requirements vary from state to state that you don't believe? No, just the part that Florida requires registration and insurance even if the vehicle never leaves private property.Mike I love you, Shannon and Jim. POPS 9708 , SCR 14706 Quote Share this post Link to post Share on other sites
Southern_Man 0 #247 December 29, 2009 Why would it need registration if it never left private property? Would there be a fine or penalty for not having it registered? How would that be monitored or enforced?"What if there were no hypothetical questions?" Quote Share this post Link to post Share on other sites
mnealtx 0 #248 December 29, 2009 QuoteWhy would it need registration if it never left private property? Would there be a fine or penalty for not having it registered? How would that be monitored or enforced? That's what I'm wondering - did a quick search on it last night after his post and couldn't find any info about private property use.Mike I love you, Shannon and Jim. POPS 9708 , SCR 14706 Quote Share this post Link to post Share on other sites
jcd11235 0 #249 December 29, 2009 QuoteQuote-(-1) = +1 -(-tax) = +tax Time for a new dictionary. Credit != tax, *especially* when it has to be repaid. Did you really not understand what Kallend wrote?Math tutoring available. Only $6! per hour! First lesson: Factorials! Quote Share this post Link to post Share on other sites
jcd11235 0 #250 December 29, 2009 QuoteNo, just the part that Florida requires registration and insurance even if the vehicle never leaves private property. Try reading my post. Your paraphrase does not accurately represent what I wrote.Math tutoring available. Only $6! per hour! First lesson: Factorials! Quote Share this post Link to post Share on other sites
