tax return! - Page 2 - Ranger-Forums - The Ultimate Ford Ranger Resource


General Ford Ranger Discussion General discussion of the Ford Ranger that does not fit in any other sub-forum.

Reply
 
LinkBack Thread Tools Search this Thread
  #26  
Old 01-14-2007
zabeard's Avatar
who?
iTrader: (8)
 
Join Date: Nov 2004
Location: IN
Posts: 26,045
Quote:
Originally Posted by Blurple
well theres always something you need to add to the truck then ..cmon zach you know there is

lol sure i know. i have a whole list of projects... but for now im sick of spending money on that POS in the garage.
Reply With Quote
  #27  
Old 01-14-2007
Member
 
Join Date: Feb 2005
Location: Edmonton, Alberta
Posts: 1,027
lmao if its a POS ill take it off your hands !! haha
Reply With Quote
  #28  
Old 01-15-2007
Rolldogg's Avatar
Member
 
Join Date: Jan 2006
Location: Ottawa, Ontario
Posts: 3,424
Your tax return is just that, getting you're own money back. I like the misconception that people think they get free money at tax time......LOL

I usually get 3K back......as much as I like to put that towards a down payment on a truck....my Visa card needs a little help.
Reply With Quote
  #29  
Old 01-15-2007
HAZZARDJOHN's Avatar
Member
 
Join Date: Dec 2005
Location: Wyoming MN
Posts: 2,400
I'm Getting about 100 bucks back, I hate tax returns, It is an interest free loan that you give to the Government, I take the same percantage and put it in the bank, at least you earn interest that way. I honestly wish they would abolish the withholding law, and make everybosy write a check quarterly. If this was the case there would be a tax revolt, becasue people would actually pay attention to the taxes they pay. I pay 25% of what I make for taxes! My parents pay 45%! That is immoral!

~HJ
Reply With Quote
  #30  
Old 01-15-2007
Bumpncarstereo's Avatar
Member
iTrader: (3)
 
Join Date: Aug 2006
Location: btwn the Buff and the Roc
Posts: 1,302
hmm, my wife and i are getting a new bed, and the rest i will put towards cc bills. maybe i can squeeze money out of it for some mods.
Reply With Quote
  #31  
Old 01-15-2007
Member
 
Join Date: Dec 2006
Location: Lehi, Utah
Posts: 731
Quote:
Originally Posted by HAZZARDJOHN
I'm Getting about 100 bucks back, I hate tax returns, It is an interest free loan that you give to the Government, I take the same percantage and put it in the bank, at least you earn interest that way. I honestly wish they would abolish the withholding law, and make everybosy write a check quarterly. If this was the case there would be a tax revolt, becasue people would actually pay attention to the taxes they pay. I pay 25% of what I make for taxes! My parents pay 45%! That is immoral!

~HJ
I pay exactly 33% towards taxes. :( Though that will improve greatly when Maria and I marry :)
Reply With Quote
  #32  
Old 01-15-2007
Member
 
Join Date: May 2006
Location: Chattanooga, TN
Posts: 89
Quote:
Originally Posted by Rolldogg
Your tax return is just that, getting you're own money back. I like the misconception that people think they get free money at tax time......LOL
.
People down here (Tennessee, lots of kids, lots of unemployment, lots of government assistance) think that when income tax time comes, they've won the lottery. Then they blow it all at walmart, and then they are broke again.


Quote:
Originally Posted by HAZZARDJOHN
I'm Getting about 100 bucks back, I hate tax returns, It is an interest free loan that you give to the Government, I take the same percantage and put it in the bank, at least you earn interest that way. I honestly wish they would abolish the withholding law, and make everybosy write a check quarterly. If this was the case there would be a tax revolt, becasue people would actually pay attention to the taxes they pay. I pay 25% of what I make for taxes! My parents pay 45%! That is immoral!

~HJ
It used to be that way, but Americans were found to be unreliable in paying their taxes. A lot of them had a hard time saving up enough money during the year to cover their tax bill. Also, a lot of people just would not pay them. That's when the idea of having them taken out of our paychecks first came around.
Reply With Quote
  #33  
Old 01-15-2007
HighRollerII's Avatar
RF Veteran
iTrader: (4)
 
Join Date: Jun 2004
Location: Charleston, SC
Posts: 10,066
lets see here..tax return..im gunna get my 35s and new wheels..and parts for my swaping of the axles
Reply With Quote
  #34  
Old 01-15-2007
HAZZARDJOHN's Avatar
Member
 
Join Date: Dec 2005
Location: Wyoming MN
Posts: 2,400
Quote:
Originally Posted by moacsupreme
It used to be that way, but Americans were found to be unreliable in paying their taxes. A lot of them had a hard time saving up enough money during the year to cover their tax bill. Also, a lot of people just would not pay them. That's when the idea of having them taken out of our paychecks first came around.
Well I personally would rather have the Governments budget in jeopardy before My Families. I kinda think the inconvieniance should fall on the government, But then again I am a Small Government Reagan Conservative.

~HJ
Reply With Quote
  #35  
Old 01-15-2007
zabeard's Avatar
who?
iTrader: (8)
 
Join Date: Nov 2004
Location: IN
Posts: 26,045
Quote:
Originally Posted by HighRollerII
lets see here..tax return..im gunna get my 35s and new wheels..and parts for my swaping of the axles

are you sure about that?

you know that the amount of taxes taken out are normally based on how much you would make in a year then they take out that percentage. so since you quit there is a chance that they will take more this year because you didn't make what they predicted. at least i have seen that happen before
Reply With Quote
  #36  
Old 01-15-2007
HighRollerII's Avatar
RF Veteran
iTrader: (4)
 
Join Date: Jun 2004
Location: Charleston, SC
Posts: 10,066
Quote:
Originally Posted by zabeard
are you sure about that?

you know that the amount of taxes taken out are normally based on how much you would make in a year then they take out that percentage. so since you quit there is a chance that they will take more this year because you didn't make what they predicted. at least i have seen that happen before

i quit with 2 weeks left in the year..so it should be that much off you think?
Reply With Quote
  #37  
Old 01-15-2007
Member
 
Join Date: Dec 2006
Location: Lehi, Utah
Posts: 731
there are goods and bads to the whole situation with taxes. for the honest person it helps them live within their means by keeping them from spending that money that should go towards taxes.

I however do not agree with them taking my money without being paid interest on what they over draw from my paycheck. I have to pay interest on credit cards, car loans, house mortgage, and I even have to claim on my taxes the interest I earn in my damned savings/checking accounts. I think their should be some kind of retribution, other wise its a scandal. The way I figure it, when they over draw my taxes I am giving our government a small loan, then why am I not collecting usage fees?

Its all political bs anyhow. Untill the government can come out of their corupt hole in the ground there is nothing "correct" that will get done with anything controlled or backed by our big guys on capital hill. That goes for taxes, schooling, national safety, immigration etc etc etc.

Whoops, you guys can take the soap box back now.
Reply With Quote
  #38  
Old 01-15-2007
zabeard's Avatar
who?
iTrader: (8)
 
Join Date: Nov 2004
Location: IN
Posts: 26,045
Quote:
Originally Posted by HighRollerII
i quit with 2 weeks left in the year..so it should be that much off you think?

oh for some reason i thought it was longer ago then that. my bad. you should be fine
Reply With Quote
  #39  
Old 01-15-2007
HighRollerII's Avatar
RF Veteran
iTrader: (4)
 
Join Date: Jun 2004
Location: Charleston, SC
Posts: 10,066
Quote:
Originally Posted by zabeard
oh for some reason i thought it was longer ago then that. my bad. you should be fine

good to go my friend..i should of kicked it out for another week or so and got a christmas bonus
Reply With Quote
  #40  
Old 01-15-2007
CadiLLacPimPin's Avatar
Member
 
Join Date: Nov 2006
Location: Charlottesville, VA
Posts: 239
Ill be putting it towards some much needed suspension and steering parts for my Caddy. If I have enough left over itll probably go towards insurance. Or maybe poly bushings for the truck... or a transmission... or the credit card... :-/
Quote:
It is an interest free loan that you give to the Government, I take the same percantage and put it in the bank, at least you earn interest that way. I honestly wish they would abolish the withholding law, and make everybosy write a check quarterly.
Yeah except they just take it without you even getting to see it first.
And then you still have to pay taxes on the interest earned on the savings.
Or jsut abolish income tax altogether with the Fairtax (no more income taxes in any way shape or form)... but thats a thread for the soapbox forum...
Reply With Quote
  #41  
Old 01-15-2007
Member
 
Join Date: May 2006
Location: Chattanooga, TN
Posts: 89
Quote:
Originally Posted by HAZZARDJOHN
Well I personally would rather have the Governments budget in jeopardy before My Families.

~HJ
I agree with ya there.
Reply With Quote
  #42  
Old 01-15-2007
Member
 
Join Date: Dec 2006
Location: Lehi, Utah
Posts: 731
you guys have to realize though that if the government budget is in Jeopardy, then big business is in jeopardy. If big business is in jeopardy, then their underpinnings are in danger, then their employees are in danger, and their business affiliates are in jeopardy.

and guess what, somewhere along that line is little old you, whether you are at the top of the totem pole or the bottom, we all depend on a good governmental structure.

Saying you would rather have the government's budget in jeopardy is kinda fool hardy and severly nieve.

But then again, we do have quite an astronaumical deficit on our hands, which is just numbers on paper, as we or they never really see that money any how. Which again leads me to my previous post of the Government having their heads up their *** with no directions on how to remove it.
Reply With Quote
  #43  
Old 01-15-2007
yellow rhino's Avatar
Member
 
Join Date: Sep 2006
Location: CA Westlake Village
Posts: 1,771
ok so im new to the whole tax return thing. This year i made about 7200$. I averaged about 150 dollars a week after the gv took out 15 or so dollars. Does anyone roughly have a clue how much ill be gettin back?
Reply With Quote
  #44  
Old 01-15-2007
Member
 
Join Date: Dec 2006
Location: Lehi, Utah
Posts: 731
if you made that much, don't plan on getting any back

my first year of work I made like that much, I ended up owing $30, and i claimed 0 on my W4

my last few years I have got a couple hundred back

This year though Ive doubled my income (graduated college and job change) so hopefully with my W4 claim of 0 I will recieve a nice chunk back, we'll have to see though.
Reply With Quote
  #45  
Old 01-15-2007
jtslmn720's Avatar
RF Veteran
iTrader: (1)
 
Join Date: Oct 2004
Location: Kent State, Kent Ohio
Posts: 7,367
Quote:
Originally Posted by yellow rhino
ok so im new to the whole tax return thing. This year i made about 7200$. I averaged about 150 dollars a week after the gv took out 15 or so dollars. Does anyone roughly have a clue how much ill be gettin back?
probably like 200 combined state and fed....

i only made 5k and im getting 100$ back...
Reply With Quote
  #46  
Old 01-15-2007
ranger's Avatar
Member
 
Join Date: Jun 2006
Location: Imperial Beach, CA
Posts: 4,502
i made 7,200 or so and i am getting back about 310
Reply With Quote
  #47  
Old 01-15-2007
HAZZARDJOHN's Avatar
Member
 
Join Date: Dec 2005
Location: Wyoming MN
Posts: 2,400
Quote:
Originally Posted by D94R
Lots of words!
You Have NO idea how Free market Economics works!

~HJ
Reply With Quote
  #48  
Old 01-15-2007
EricTodd's Avatar
Member
 
Join Date: Nov 2006
Location: NJ
Posts: 420
The more dependents you claim the less they take and the more credits they give you. I made around $32K last year and they only took about $950 but they will give me back around $5K because I claim 3 on my W4.
Reply With Quote
  #49  
Old 01-15-2007
Member
 
Join Date: Mar 2006
Location: Mesa, Arizona
Posts: 886
I made over 20k this year and this is the first job ive had between tax to tax time. I hope I make something back, every year I owe like 300 but this year I spent 2500-3000 on tools so I dunno?
Reply With Quote
  #50  
Old 01-15-2007
Member
 
Join Date: Dec 2006
Location: Lehi, Utah
Posts: 731
Quote:
Originally Posted by HAZZARDJOHN
You Have NO idea how Free market Economics works!

~HJ
Hah, and you're living in a dream world if you think the government doesn't have its hand in the cookie jar.

As well, "free market" is an oxymoron, there is nothing free about a free market. Everything has a dependance on itself and others to support it, government included. One domino falls, they all fall.

But I wont argue politics as there is too much crap to sort through to make any real arguments about it.
Reply With Quote
Reply

Related Topics
Thread Thread Starter Forum Replies Last Post
Return of the 4 Bangers rangerdex General Ford Ranger Discussion 12 12-13-2007 01:30 AM
'06 transmission return line from radiator billsr Drivetrain Tech 5 10-05-2007 07:28 PM
return to stock suspension Booncha57 Suspension Tech 21 04-01-2007 07:14 PM
What to get with tax return? 0RangerEdge2 2.9L & 3.0L V6 Tech 16 02-15-2007 11:30 PM
got tax return, need new rims and tires 03DualSport Wheels & Tires Semi-Tech 13 01-26-2007 01:12 PM


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT -6. The time now is 12:19 PM.


We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.