Comments on: Tax Refunds Are For Suckers http://www.thelibertypapers.org/2007/04/14/tax-refunds-are-for-suckers/ Life. Liberty. Property. Defending individual freedom and liberty, one post at a time. Wed, 08 Feb 2012 17:04:34 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Adam Selene http://www.thelibertypapers.org/2007/04/14/tax-refunds-are-for-suckers/#comment-25569 Adam Selene Mon, 16 Apr 2007 02:52:19 +0000 http://www.thelibertypapers.org/2007/04/14/tax-refunds-are-for-suckers/#comment-25569 Don't forget, the government isn't about to let you keep your money until the end of the year. You are penalized for not withholding enough throughout the year. You can end up having to make quarterly tax payments, pay penalties, all sorts of neath things. Don’t forget, the government isn’t about to let you keep your money until the end of the year. You are penalized for not withholding enough throughout the year. You can end up having to make quarterly tax payments, pay penalties, all sorts of neath things.

]]> By: Ted http://www.thelibertypapers.org/2007/04/14/tax-refunds-are-for-suckers/#comment-25477 Ted Sat, 14 Apr 2007 23:32:52 +0000 http://www.thelibertypapers.org/2007/04/14/tax-refunds-are-for-suckers/#comment-25477 I admit, I usually go for the refund. Yes, I'd love to have the money during the year, or save it up for a gift to myself later in the year (with interest thanks to savings accounts or investments), however, I've had a few rocky years, with employment and living considtions changing. Which makes those final adjustments harder... and I do not make enough that I can spare a few extra hundred in case the calculations go wrong at some point during the year and I owe more in taxes. So, I usually claim 0, and then do my taxes come Feb like everyone else. I admit, I usually go for the refund. Yes, I’d love to have the money during the year, or save it up for a gift to myself later in the year (with interest thanks to savings accounts or investments), however, I’ve had a few rocky years, with employment and living considtions changing. Which makes those final adjustments harder… and I do not make enough that I can spare a few extra hundred in case the calculations go wrong at some point during the year and I owe more in taxes.

So, I usually claim 0, and then do my taxes come Feb like everyone else.

]]> By: Adam Selene http://www.thelibertypapers.org/2007/04/14/tax-refunds-are-for-suckers/#comment-25450 Adam Selene Sat, 14 Apr 2007 18:32:10 +0000 http://www.thelibertypapers.org/2007/04/14/tax-refunds-are-for-suckers/#comment-25450 Our tax system is really "neat". Our tax system is really “neat”.

]]> By: VRB http://www.thelibertypapers.org/2007/04/14/tax-refunds-are-for-suckers/#comment-25449 VRB Sat, 14 Apr 2007 18:29:17 +0000 http://www.thelibertypapers.org/2007/04/14/tax-refunds-are-for-suckers/#comment-25449 At one time years ago, you could figure out you tax from a salary table, then the FEDs introduced a calculation to determine what you would owe. I tried three times to get it so that is would be right on, but I still owed or got a refund. At one time years ago, you could figure out you tax from a salary table, then the FEDs introduced a calculation to determine what you would owe. I tried three times to get it so that is would be right on, but I still owed or got a refund.

]]> By: Adam Selene http://www.thelibertypapers.org/2007/04/14/tax-refunds-are-for-suckers/#comment-25438 Adam Selene Sat, 14 Apr 2007 16:01:55 +0000 http://www.thelibertypapers.org/2007/04/14/tax-refunds-are-for-suckers/#comment-25438 mmmmmmm, we really need to put in a preview function. I think I'll go find a plugin and do that. mmmmmmm, we really need to put in a preview function. I think I’ll go find a plugin and do that.

]]> By: Tom Gellhaus http://www.thelibertypapers.org/2007/04/14/tax-refunds-are-for-suckers/#comment-25425 Tom Gellhaus Sat, 14 Apr 2007 12:38:00 +0000 http://www.thelibertypapers.org/2007/04/14/tax-refunds-are-for-suckers/#comment-25425 less than sign screws these comments up. sorry...is there a preview button? I make less than $30 thousand a year. People usually say "What, you don't want a refund ?" but they usually get it once I explain how i get my own money during the previous year, to use as I want, rather than wait for the once-a-year "gift" of my own money being returned to me from the government. less than sign screws these comments up. sorry…is there a preview button?

I make less than $30 thousand a year. People usually say “What, you don’t want a refund ?” but they usually get it once I explain how i get my own money during the previous year, to use as I want, rather than wait for the once-a-year “gift” of my own money being returned to me from the government.

]]> By: Tom Gellhaus http://www.thelibertypapers.org/2007/04/14/tax-refunds-are-for-suckers/#comment-25424 Tom Gellhaus Sat, 14 Apr 2007 12:34:19 +0000 http://www.thelibertypapers.org/2007/04/14/tax-refunds-are-for-suckers/#comment-25424 (woops, had a " (woops, had a “

]]> By: Tom Gellhaus http://www.thelibertypapers.org/2007/04/14/tax-refunds-are-for-suckers/#comment-25423 Tom Gellhaus Sat, 14 Apr 2007 12:31:49 +0000 http://www.thelibertypapers.org/2007/04/14/tax-refunds-are-for-suckers/#comment-25423 The answer is obvious to all of us who really do realize that taxation DOES = theft, but not at all to most Americans. Don't forget that withholding (another "temporary" measure turned permanent) means that most Americans just do not even SEE a chunk of the money THEY EARNED. What they don't see, every two weeks, isn't "real" to them. Whenever I explain to people that I set things up so I PAY a small amount in mid-April, and WHY I do it (and I make The answer is obvious to all of us who really do realize that taxation DOES = theft, but not at all to most Americans. Don’t forget that withholding (another “temporary” measure turned permanent) means that most Americans just do not even SEE a chunk of the money THEY EARNED. What they don’t see, every two weeks, isn’t “real” to them.
Whenever I explain to people that I set things up so I PAY a small amount in mid-April, and WHY I do it (and I make

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