Tax Credit question...specific situation

For the time being.....

 

If they were exempted from fuel taxes and vehicle registration fees, then absolutely I would agree with doing exactly that. Being poor doesn't make it cost less to build and maintain roads. If the people using a resource aren't paying for their proportional share that means somebody else is paying more than their proportional share. Again, the government is then using violence or the threat of violence to force somebody to give their money to someone else.

There is no way to define away the immorality of forcibly removing money from one person for the benefit of another, no matter how just you believe the cause. When any person other than the government takes money from another person by force, or threat of force, it's called robbery. The robber's intended use of those funds have no bearing on the criminality of the act.

How do you figure? What do they call it up north when someone's money is taken from them against their will with force or the threat of force?

 

State governments forcibly take money from private citizens everyday to subsidize the road damage caused by semis, farm, local sand haulers and logging vehicles everyday.

Taxis are fully road tax exempt

This makes it cheaper to ship via semi than via train even though every resource and supporting infrastructure is cheaper all around than semi.

Fix those issues and then I think you will have a point, if you refuse to fix the real problems I will assume you accept that in all things there are winners and losers
And you don’t have a leg to stand on to change or complain about how our economic systems have been molded for us and accept inherently very little pertaining to laws affecting corporate products is ever fair.

I need only look at the empty government funded strip malls getting tore down locally to see things aren’t perfect

 

I agree 100%.

You want to know something crazy? In California, of all places, insurance companies are exempt from property tax, taxes on rental income from their properties, taxes from the sale of investments, and taxes on investment income. It's in the California Constitution.

 

How do you figure the proportional value of the roads to a corporation? Roads of good repair make it possible for workers to arrive at the business, and allows the shipment of the corporation's goods to market. Without working roads, many companies would cease to be. The same would be true without a stable society or working justice system. These are products of a government, and the taxes to it are our fees for having a stable, and generally peaceful, society that allows us to good about our lives and business in general prosperity.

 

If you feel that your government is stealing from you, maybe you should move?
Don't want to pay taxes? Don't earn any income and don't buy anything. Lucky for those people, who either are forced into this position or freely choose it, other taxpayers will support them via social programs.

 

Didn't know that. Had to look it up.
https://www.boe.ca.gov/sptaxprog/tax_on_insurers.htm
"All insurance companies are subject to a tax on gross premiums."

GROSS. Not net profits or anything. Gross. So I think the State did a calculation to figure out how to appropriately charge insurance companies. CA isn't known to house the nation's insurance companies - look at all the corporations that are headquartered in a select few states - why is that? Favorable taxation.

 

Delaware, for gezample….
Easy to have a tax haven with paid-for politicians.

 

Calling taxation theft over and over doesn’t make it true. But please, do let us know what life is like in the paradise where there are no public services of any kind (Chad, Somalia, Syria, large swaths of Afghanistan, and a number of other places come to mind).

As for the OP’s questions about tax credits, I suggest (as have a number of others) consulting an accountant. Considering the potential savings, it would be worth an hour of one’s time.

 

Love it or leave it, huh? The rhetoric of the parties has done a 180 since the 1960s.

"Don't want to have your stuff stolen? Stop buying stuff, stupid."

 

I asked you what you call taking someone's money against their will with force or the threat of force? You are the one calling it theft. I suspect because you realize that's the inescapable conclusion. Just because a majority of people want to steal something doesn't bestow virtue upon the act.

Income taxation is not the only means of raising revenue, it's just the way that capitalists and bankers prefer over the older system of duties, excise taxes, and land leases. The problem with that system was there just wasn't enough of other people's money to redirect into their pockets.

 

Kind of like how people are taxed on their gross income. Where's our break on property taxes and investment income?

 

People are not taxed on their gross income - we get many deductions.
Capital gains tax rates are very generous. No prop tax break, but some people are able to deduct mortgage interest and SALT up to a limit (now).

 

For federal income taxes, some people get many deductions. Many people get only the "standard" deduction. For state or local taxes there may or may not be deductions available. Or you may not even have an income tax at all.

However, this conversation originated because of the claim that it was more "equitable" to make EV credits fully-refundable. I challenge anyone to come up with a definition of equity that includes taking other people's money against their will.

 

You agreed to pay taxes when making above a certain amount. That is the social contract. The state provides defense, infrastructure, and security that allows the individual to make a living in relative peace. In return, those individuals doing well pay taxes to keep the system running. Paying taxes was once a sign of success, because it meant you made enough to not have to be on the bread line.

Don't want to pay taxes, then don't make enough to have to. Many in this country do just that, and specifically to not pay taxes.

No one is forcing you to make more money. You make more because you want things and services. Without the government, and the taxes that runs it, those things and services likely wouldn't be available.

 

I did? Do you have a copy of that contract? I'd like to see the one you agreed to and see if it matches mine. Is the state allowed to change the terms of the contract without my express permission?

Again, "If you don't want your stuff stolen, stop having stuff."

 

i read a story a few months ago about anti taxers who got elected in a few towns, killed all the taxes and services. it didn't last too long

 

I wonder how a town was able to get rid of federal and state income and property taxes. I'm pretty sure the only taxes local governments can enact are sales taxes. I'm suspicious of the reliability of the source. It sounds like a story you'd read on rag like Salon or HuffPo. But I wouldn't be surprised to find that the beneficiaries of stealing other people's money sure didn't like being cut off.

 

Towns here have income taxes.

How would you fund the government?

 

That's like a contractor asking how much money you have before he gives you his bid. First we have to establish what a government is allowed to do. Only then can we decide how to pay for it. If we're talking about funding the system we have as it is, I wouldn't fund it. It's a giant extortion racket that funnels money from working men and women into the pockets of those who are already obscenely wealthy, and perpetuates itself by throwing crumbs to supporters who will continue to vote for more crumbs.