Jus' sayin'...
Apr. 16th, 2010 01:17 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
ceagleFinished my income taxes... at last!
Now, I paid about $3,000 for a)current use of the country b)future use of medicare and c)future use of social security. Looking at it that way, it doesn't seem like too much.
If anything, the taxes which seem too high are Property Taxes, Sales Taxes, and some other Excise taxes and such.
I'd prefer if it was about half the current rates. In fact I think Property Taxes are part of the major barriers to home ownership and part of the housing crisis.
And in Sales Tax, I wouldn't mind if it was sorta like Hawaii and Louisiana (4%) ... but floating around 10% seems a bit high for sales tax ... I remember when it *was* around 5% .. :/
Now, I paid about $3,000 for a)current use of the country b)future use of medicare and c)future use of social security. Looking at it that way, it doesn't seem like too much.
If anything, the taxes which seem too high are Property Taxes, Sales Taxes, and some other Excise taxes and such.
I'd prefer if it was about half the current rates. In fact I think Property Taxes are part of the major barriers to home ownership and part of the housing crisis.
And in Sales Tax, I wouldn't mind if it was sorta like Hawaii and Louisiana (4%) ... but floating around 10% seems a bit high for sales tax ... I remember when it *was* around 5% .. :/
no subject
Date: 2010-04-24 08:05 am (UTC)I don't have any withheld, bcuz I pay my taxes quarterly as a part of my business, so yep... throughout the year :>
The tax form found my main tax debt to be 0, but then you put in the business tax and that was $2,910. I'd only paid in $2,800 so I had to send in $110.
This was significantly better than last year, when I unsuspectingly underpaid about $1,900 .. 8|
It's still weird to fill out the forms, see yer tax debt come up zero, and then have to put in that 3 grand... heh!
I did find out this year though (by reading some more of the fine print) that one doesn't have to send in estimated quarterly checks to the state if you don't expect your obligation to be over $500. I think I owed around $80 or so this year, but I paid in $100, so if it's the same next year I'll just have to send in $20 next April.
*huggeth!*