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Free Taxes Essays and Papers

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    Taxes on Cigarettes

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    Taxes on Cigarettes The article “Smoke Signals”, by the New York Times and the New Jersey Sunday edition, presented an overview of for the state of New Jersey’s recent decline in cigarettes bought in the last year. The article starts off by explaining to the reader how smokers took a financial beating at the cash register every time they went to a convenience store to buy cigarettes. In a smokers reduction movement the state of New Jersey doubled the sales tax on cigarettes forcing smokers to spend

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    After all, nobody likes taxes, but we all have to deal with them, so we might as well handle them in the best way possible. When the end of the year approaches, many investors' thoughts turn to how they can avoid paying tax. (Notice we said avoid, not evade.) Although a lot depends on your personal situation, there are a few simple tax principles that apply to most investors and can help you save money (We also recommend talking to a tax planner.) In this article, we'll look at the tax benefits of

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    Increasing Taxes to Bail Out Social Security In 1935 the United States was in the throws of the worst economic depression our country had ever seen. The President at the time was Franklin Roosevelt. As part of Roosevelt's "New Deal", he instituted Social Security, which established an old-age pension system, to be administered by the federal government, and financed by taxes on both employers and employees. This system was to help the older citizens and dependents of workers of the U.S. However

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    My topic is the increase if the taxes which Clinton Administration is planning. This increase in taxes will target "multinational Corporations, end the favored tax treatment of extra long term bonds", It will also raise capital gains taxes by “changing the rules for computing the cost basis of securities when they are sold at a profit”. What this will do is increase the taxes for the rich and will decrease the difference between the rich and the poor. The plan is intent on cutting the middle

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    Reparations for Slavery - Just Another Way to Waste Taxes? Why should American taxpayers, who never owned slaves, pay for the sins of their ancestors? What about all the Americans whose ancestors arrived here long after slavery ended? How would the economy be affected by reparations payments? How do you put a price tag on 2 1/2 centuries of legalized inhumanity? In what form would reparations be paid? How would you establish who's a descendant? It all still comes down to one basic question, Should

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    Fair Tax: Avoidance of Taxes

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    PA 8720 - “Fair Tax” Policy Analysis John Maynard Keynes stated that “the avoidance of taxes is the only intellectual pursuit that carries any reward,” (Waters, 2011). In Missouri, while seeking to avoid an income tax, advocates for the “Fair Tax” have seemingly presented a proposal that is the antithesis of the pursuit Keynes deems worthy. They are proposing a constitutional amendment that would impose a sales tax that no Missourian could avoid. The “Fair Tax” would cost everyone, no matter their

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    Taxes

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    the world costs incomprehensible amounts of money and could never exist without taxes from the American people. Taxes are payments made by individuals and businesses to support the government and its services. The constitution grants that congress “shall have the power to lay and collect taxes, duties, imposts, and excises and to pay the debts and provide for the common defense and general welfare of the people”. Taxes paid by Americans redistribute wealth towards their central governments to go towards

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    the over taxed fuel, because they are not doing the protests for fun (although they might look fun). The newspapers I read showed what Tony Blair said about his taxing but where most of it was lies or misleading. Also what he actually did with our taxes and how some of it just went to waste like how he cut 140 road improvements programs to only 37 or how his ten-year £180billion partnership with John Prescott took tree years to sort out. Is this because of his poor money management or is he getting

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    Flat Tax

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    and instructions are printed” (Armey, Shelby). The main reason the tax code is so complex is the proliferation of deductions, credits and other special preferences in the tax law. Taxpayers with similar incomes can pay vastly different amounts in taxes because of these loopholes. This uneven treatment of taxpayers is fundamentally unfair to those who do not know the loopholes and is at odds with the American value of equality under the law. “According to a study by an economist with the Congressional

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    Surplus

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    President Clinton took office, federal Taxes consumed 17.8 cents out of every dollar earned in the United States. Now the federal Government’s take is 20.6 cents out of every dollar. (USA Today) Budget projections indicate that over the next ten years, the federal government will have huge budget surpluses totaling about $3 trillion. If we have a surplus at a high tax rate, why can’t the government take what it needs and lower the tax rate? We need to lower taxes to a rate where the government does

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