Your very own suspected terrorist

Wdtabor opined

In article DcDQb.144901$na.231057@attbi_s04, "Jay Honeck"
writes:


The bank sent me a past due notice for the difference, which I paid the
next
day. It took 8 months to get the excess back from the IRS.

Well, Don, I can top that. As some of you know, as an employer, I must pay
employee withholding (Medicare/Medicaid and Federal) tax, known as "941
Tax."


Ever wonder why we have all this silliness of 940's & 941's & W2's and
Rainforests in Iowa? It really shouldn't be a surprise, any system of
taxation and spending based on a complex deception should be expected to have
goofy results and applications.

Anyone smart enough to fill out a flight plan has already figured out that
taxes on corporations are really taxes on the consumers of whatever that
corporation sells. But the same thing is really true of payroll taxes on
individuals as well.

Actually, it is not clear who pays corporate taxes. The choices are employees,
customers or owners. But it is not corporations.

See http://lpva.com/main/Archives/Editor...r/20040106.htm


-ash
for assistance dial MYCROFTXXX

"Ash Wyllie" wrote in message
...
Wdtabor opined

Actually, it is not clear who pays corporate taxes. The choices are
employees,
customers or owners. But it is not corporations.

Actually, it's quite clear:

Owners through pass through taxes, and customers as a part of the price they
pay for goods and services.

As for employees, well, to the extent of payroll and employers portion of
FICA.

--
"He that would make his own liberty secure,
must guard even his enemy from oppression;
for if he violates this duty, he establishes
a precedent that will reach to himself." -- Thomas Paine

In article ,
ackatyu (Wdtabor) wrote:


I once accidentally put my mortgage payment in an IRS envelope and the much
smaller check to the IRS in my mortgage company envelope. Both checks cleared
even though clearly typed.


Shortly after my wife and I married I mailed in the monthly payments for
our still separate XXX brand credit card accounts in a single envelope
-- a small check carefully clipped to the small bill for one of us, a
very big check carefully clipped to the very big bill for the other of
us, both checks for the exact amounts due..

Naturally the bank applied the big check to the small bill, thus getting
a sizable loan or float from us, and the small check to the big bill,
thus enabling them to sock us with a big interest charge the following
month.

I didn't bother trying to fight with them over their screwup.

"Wdtabor" wrote in message
...

I once accidentally put my mortgage payment in an IRS envelope and the
much
smaller check to the IRS in my mortgage company envelope. Both checks
cleared
even though clearly typed.

The bank sent me a past due notice for the difference, which I paid the
next
day. It took 8 months to get the excess back from the IRS.

Did I mention www.FairTax.org

LAST year's (2002) taxes were filed. Overpayment was refunded instead of
being credited to my 2003 estimated taxes. (NO, I didn't check the box
asking for a refund. The check was issued in error.) When the refund check
arrived, I called IRS asking what should be done. I was instructed to write
VOID on the check and return it with a letter asking the amount be credited
back to my estimated account as of the date on my return. Followed
directions exactly.

IIRC, this was sometime in late August or September 2003. Within a few
weeks of sending the check back, I received an acknowledgement from IRS
stating they had received the check, and an investigation would be initiated
to substantiate my claim. (What claim? I don't know) Anyway, 'round about
Christmas time, I received a second letter advising me that they were still
'investigating" and I should be advised that I can not yet consider this
money to be credited to my estimated account. So if I file my taxes, I'll
need to pay a big bill 'cause there's thousands of $$$ floating around in
limbo. Bet they'll also gig me penalties and interest for not making timely
estimated payments.

Oh, I see now. Gotta get more money into the government one way or the
other.

Gary (expecting the men w/ handcuffs any day now) Kasten