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The Master 2 kids; Perth, Australia 19989 posts
30th Oct '12
Quoting khigh:" Yep. You make a ton more in credits/EIC if you file joint. We will probably do married filing seperately ... [snip!] ... paying a TON of taxes on money I didn't even earn in the US and he will be getting a ton back because he is getting deployed."


you pay taxes on money earned in another country????????

khigh 1 child; Fort Sill, Oklahoma 8101 posts
30th Oct '12
Quoting The (super kinky) Master:" you pay taxes on money earned in another country????????"


Yep, I will still have to file/pay taxes on money earned in India paid by an Indian company.

The Master 2 kids; Perth, Australia 19989 posts
30th Oct '12
Quoting khigh:" Yep, I will still have to file/pay taxes on money earned in India paid by an Indian company."


That's crazy ... I have duel citizenship and if I had to pay taxes to both Australia and England I'd be bankrupt

* Sara * 2 kids; Texas 18864 posts
30th Oct '12
Quoting SpaceCowgirl:" Here, I'll give you an example. My dad is in the top tax bracket. My mom decided she wanted to go back ... [snip!] ... to avoid the higher taxes anyway. If there was a flat tax with no deductions or loopholes, they wouldn't have a way around it."


Good point.

Back to Noob Status Ohio 14048 posts
31st Oct '12
Quoting TheNuge:" <blockquote><b>Quoting Back to Noob Status:</b>" Are you a believer of Reaganomics, ... [snip!] ... "trickle down'" the business owner gets paid last.... So the owner is not at the top of the heap until many years of success."


I would be for reducing taxes on business owners who employ AMERICANS while punishing those that ship jobs overseas.

TheNuge 1 child; Pennsylvania 23057 posts
31st Oct '12

<blockquote><b>Quoting Back to Noob Status:</b>" I would be for reducing taxes on business owners who employ AMERICANS while punishing those that ship jobs overseas."</blockquote>




I think a tax incentive would be nice but not an increase on those that ship overseas. GM is bragging that 7 out of 10 of their vehicles are made overseas now. I don't want to punish them for finding a way around their harmful unions. And, they are paying taxes on the sales as well as paying American salaries associated with the foreign business.

Back to Noob Status Ohio 14048 posts
31st Oct '12
Quoting TheNuge:" <blockquote><b>Quoting Back to Noob Status:</b>" I would be for reducing taxes on ... [snip!] ... unions. And, they are paying taxes on the sales as well as paying American salaries associated with the foreign business."


I would like to see more American manufacturers. America needs to return to the manufacturing power that it once was. I think that punishing those shipping jobs overseas may encourage companies to seek employees inside the nation.



But I see what you are saying. It is just, how are we going to get people to stop giving jobs to China and India when America has a too high of an unemployment rate?

TheNuge 1 child; Pennsylvania 23057 posts
31st Oct '12

<blockquote><b>Quoting Back to Noob Status:</b>" I would like to see more American manufacturers. America needs to return to the manufacturing power ... [snip!] ... how are we going to get people to stop giving jobs to China and India when America has a too high of an unemployment rate?"</blockquote>




Yup. It's a complex problem. Take Apple for example. They manufacture in china, make an awesome product and creat lots of non-manufacturing jobs here in the US. And, they pay a boatload of taxes. There is no way those jobs would come to the US. If they did, only the very rich could afford their products.

Back to Noob Status Ohio 14048 posts
31st Oct '12
Quoting TheNuge:" <blockquote><b>Quoting Back to Noob Status:</b>" I would like to see more American ... [snip!] ... of taxes. There is no way those jobs would come to the US. If they did, only the very rich could afford their products."


Sigh. I didn't even think of that. :(



I would love to see more factories open up and have massive tax breaks for them.

TheNuge 1 child; Pennsylvania 23057 posts
31st Oct '12

<blockquote><b>Quoting Back to Noob Status:</b>" Sigh. I didn't even think of that. :( I would love to see more factories open up and have massive tax breaks for them."</blockquote>




The smarter states do that. The federal government should do something similar.

khigh 1 child; Fort Sill, Oklahoma 8101 posts
31st Oct '12

<blockquote><b>Quoting TheNuge:</b>" <blockquote><b>Quoting Back to Noob Status:</b>" Sigh. I didn't even think of that. ... [snip!] ... tax breaks for them."</blockquote> The smarter states do that. The federal government should do something similar."</blockquote>




That's why Oklahoma and Texas are growing so fast and have a surplus. No state taxes for businesses that move to the state for five years and they give land and money to build.



Austin is the new Silicone Valley.

Back to Noob Status Ohio 14048 posts
31st Oct '12
Quoting TheNuge:" <blockquote><b>Quoting Back to Noob Status:</b>" Sigh. I didn't even think of that. ... [snip!] ... tax breaks for them."</blockquote> The smarter states do that. The federal government should do something similar."


Do you know which ones?

khigh 1 child; Fort Sill, Oklahoma 8101 posts
31st Oct '12

<blockquote><b>Quoting Back to Noob Status:</b>" Do you know which ones? "</blockquote>




Mostly the lower Midwest. Oklahoma, Texas, Kansas, Arkansas. Funnily, they are some of the reddest states!



Here's Oklahoma's incentive plan:



http://okcommerce.gov/location-or-expansion/incentives/



http://stateok.zoomprospector.com/

khigh 1 child; Fort Sill, Oklahoma 8101 posts
31st Oct '12

<blockquote><b>Quoting Back to Noob Status:</b>" Do you know which ones? "</blockquote>




Mostly the lower Midwest. Oklahoma, Texas, Kansas, Arkansas. Funnily, they are some of the reddest states!



Here's Oklahoma's incentive plan:



http://okcommerce.gov/location-or-expansion/incentives/



http://stateok.zoomprospector.com/