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Re: The Budget
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Re: The Budget
I remember some people in the USA harping on about the fact that income tax is technically illegal and, constitutionally speaking, you aren't obliged to pay it.
Here's a quote I just googled.... The fact is no provision of the Internal Revenue Code requires anyone to file or pay income taxes. This tax, unlike other internal revenue taxes, is strictly (censored voluntary). This is because a compulsory income tax would violate the Constitution's three taxing clauses, the Bill of Rights and the 16th Amendment-all of which impose restrictions on the government's power and ability to tax income in ways few Americans understand. So, in order for the income tax not to be unconstitutional it had to be written on a non*compulsory basis. However, in order to deceive Americans of this, as well as provide federal courts and the IRS with deceptive passages on which to hang illegal prosecutions and illegal seizures, the Internal Revenue Code was written to make paying income taxes appear mandatory. The government succeeded in doing this by tricking the public into believing that those enforcement provisions of the Code, that apply to other, non-voluntary taxes (such as alcohol and tobacco taxes), also apply to income taxes when in fact, they do not. However, despite such trickery, the IRS still admits that our "income tax laws"' are purely VOLUNTARY! Try telling that to the man who comes to reposess your car. ;) |
Re: The Budget
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Re: The Budget
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"I remember some people in the USA harping on about the fact that income tax is technically illegal....." Just making a comparison since we were talking about income tax history and the Boston Tea Party etc. |
Re: The Budget
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"Heres something i googled..." |
Re: The Budget
* Stamp duty thresholds doubled to £120,00 0 - heh good one
* Inheritance tax currently starts being paid on estates worth £260,00 0 - that will rise to £275,00 0 this year, £285,00 0 next year and then to £300,00 0. - translated means.....Browns in someones will * Petrol duty inflation rise postponed until 1 September due to high oil prices means, he's just bought a new jag and didnt get a fuel deal with it * Mr Brown said he would freeze: corporation tax, capital gains tax, air passenger tax, insurance premium tax, climate change levy, aggregates levy and company car levy. - he would he probbly personally profits from this. * Duty up 1p on a pint of beer and 4p on a bottle of wine, but frozen on cider, sparkling wine and spirits. And what does brown drink? Cider, sparkling wine and spirits I'd be willing to bet. * Tax breaks on ISAs extended until 2010. Browns got a couple of these in reserve * Personal income tax allowance to be raised in line with inflation. Getting ready for when he has to go get a job Sorry I'm just cynical. Waiting for the general ellection, when labour get back in and tax goes through the roof. |
Re: The Budget
Funny though both Tory and Lib-Dem have said they would raise taxes more and I believe they would have overall just would ahve gone about some things differently.
so really if you vote labour still looks the best option. not that any of them will be getting my vote. Monster raving looney party here we come ;) |
Re: The Budget
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You took the words right out of my mouth |
Re: The Budget
I'm single; I have no kids; I don't travel; I don't drink; I don't smoke; I don't drive; I've no money to save; I'm not buying my own home. What's the budget got to do with me? :shrug:
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Re: The Budget
You don't drink, you don't smoke, what do you do??
</adam ant mode> |
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[edit] I missed "beer" - awful watery foul tasting stuff - off the end of "Don't drink" :dozey: I do like a rum and coke :D |
Re: The Budget
This budgets not really of any benefit to me, my daughters just about to turn 16, so wont get most of
Help for parents * Child tax credit to rise by 13%, in line with earnings, over next three years * Child benefit to rise to a maximum of £63 for the first child and £111 for two children hmmmmmmmm now theres a thought........need another sprog soon.....any takers???? :jk: |
Re: The Budget
Well from what I have seen it was a complete non event as far as I am concerned. I shall basically be about 40p a week better off according to the BBC website. :dozey:
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(and you read it wrong a second time too) ;) |
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Still it is true in the US income tax is voluntary its just they bank on the majority either being ignorant or believing that the country would fall if the contribution wasnt made :) How ever thats not the case for this country and this budget is imo the biggest joke the labour party has made and the others could offer no improvement, in fact they openly admitted theirs would have been worse if you read between the lines. MRLP looks like a good option, if its not available on my ballot paper I will add it anyway :P |
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