http://www.fairtax.org America faces one of the greatest perils to her future: our broken economic engine. A simple tune-up won't fix the problem. The FairTax would fuel economic growth, investment, and job creation throughout the nation. Learn why the FairTax will fuel our economic engine and create jobs. "Like" us on Facebook: http://www.facebook.com/fairtax.org Produced by: http://www.creative-lab.com/
Views: 125720 FairTax
AN ISSUE THAT LIBERALS, INDEPENDENT AND CONSERVATIVES CAN AGREE WITH!!! Mike Huckabee is a supporter and a leader in the FAIRTAX(tax reform) and that is why John McCain should pick Mike Huckabee for Vice President!!! Call McCain's office at 703-418-2008 and let him know you want the FAIRTAX and Mike Huckabee for Vice President! A MUST READ!!! A brief summary of the FAIRTAX A. The FAIRTAX will eliminate income taxes, withholding, self-employment taxes, bonus taxes, overtime taxes, social security taxes, medicare taxes, alternative minimum taxes, estate taxes, gift taxes, corporate taxes, capital gain taxes, dividends taxes, small business taxes, and replace it with a 23% sales tax. Plus it will give each American household that are citizens a rebate check based on the poor necessities of life. It will also abolish the 16th admendment and prevent the government from taxing us twice! B. Its Fair because for example if you are rich and you buy a $20,000 rolex watch you pay more in taxes but the same percentage as someone buying a $95.00 fossil watch so it is fair for the rich and the poor that may one day become rich. C. The FAIRTAX is Fair for the poor and middle class because of the rebate check. Under the FAIRTAX there is no taxes on necessity items (food, clothing, water etc), but it is not a necessity to have a party and to buy lots of food or to go on a shopping spree and buy lots of cloths. That is the purpose of the FAIRTAX rebate checks, and the size of the rebate check depends on the size of your household. For example base on 2004 estimates: Single person Annual Consumption Allowance(ACA) is $9,310 and will receive a rebate of $2,254 per year / a Couple ACA is $12,490 and will receive a rebate of $4,508 per year/ Couple with one child ACA is $16,090 and will receive a rebate of $5,290 per year/ Couple with two children ACA is $19,350 will receive a rebate of $6,072 per year. The FAIRTAX will untaxed the poor and allow the poor and middle class to make money without being penalize for making to much money. The current tax system penalize your ability to make money when you work overtime, receiving a bonus, move up from one tax bracket to another, working two jobs etc. D. The FAIRTAX will give all Americans the ability to pay down debt faster. With the FAIRTAX you will keep your full paycheck and you only pay taxes only when you buy something. HAVING YOUR FULL PAYCHECK WILL ALLOW YOU TO PAY OFF DEBT FASTER! E. The current tax system tax you base on your income and quadrant (if you are an employee, small business owner, investor, corporation). The employee and small business owner get hit the hardest in taxes, and it puts are government in a powerful position that chooses the winners and losers of the tax system. That is one main reason why there are 34,000 lobbyist that lobby 535 congressmen in Washington. Are Elected officials are acting like kings that receives gifts from lobbyist in exchange of relief in the tax system for their corporation, and OUR ELECTED OFFICIALS EXPOSED TO BE REPRESENTING THE AMERICAN PEOPLE NOT THE LOBBIST IN WASHINGTON. The FAIRTAX will eliminate the confusion that our elected officials have on who they should be representing F. The FAIRTAX will remove all the tax loop holes that millionaires and billionaires enjoy because they are able to pay for the best tax lawyers, the best tax accountant and the best lobbyist that remove their tax burdens every year. The current tax system taxes based on income produce not wealth assets. I am a Capitalist but it is not capitalism when the government can choose who the winners and losers are going to be and it is not capitalism when the current tax system taxes one group of people better than another. For one example Bill Gates is worth over $47billion if he does not produce an income this year in the eyes of the current tax system Bill Gates is just as poor as the homeless living under a bridge! The FAIRTAX will remove this nonsense. If the FAIRTAX was implemented than Bill Gates will be taxed based on what he buys no more loop holes. For more info on the FAIRTAX and to sign the petition goto www.fairtax.org for more info on the candidates goto www.mikehuckabee.com and www.johnmccain.com To make a difference call John McCain's office at 703-418-2008 and let him know you want the FAIRTAX and Mike Huckabee for Vice President! Call your congressman and tell them you want the FAIRTAX!! SIGN THE MIKE HUCKABEE FOR VICE PRESIDENT PETITION AT WWW.HUCKABEEFORVP.NET
Views: 25071 millionaireking
Compiled and uploaded by wyzguys Americans overwhelmingly support the FairTax once it is understood in detail and the lies of those in opposition are debunked. The FairTax benefits all Americans (unless they are employed by the IRS) the poor, the rich, seniors, young people, etc. The FairTax Plan is a comprehensive proposal that replaces all federal income and payroll based taxes with an integrated approach including a progressive national retail sales tax, a prebate to ensure no American pays federal taxes on spending up to the poverty level, dollar-for-dollar federal revenue replacement, and, through companion legislation, the repeal of the 16th Amendment. For more information go to: www.fairtax.org www.fairtaxnation.com
Views: 8078 wyzguys
Complete video at: http://fora.tv/2008/01/31/Republican_Presidential_Candidate_Mike_Huckabee Former Arkansas Governor and 2008 Republican Presidential candidate Mike Huckabee explains his support for a federal "Fair Tax." ----- Mike Huckabee speaks at The Commonwealth Club of California. Governor Huckabee's win in the Iowa caucuses vaulted him into position as a serious contender for the Republican Presidential nomination. Strong showings in subsequent states have kept him in the running. Now, Californians have a decision to make about which candidate to choose. Come hear Huckabee outline his plans, goals and ideas, and hear about his values and beliefs - The Commonwealth Club of California Mike Huckabee was the Republican governor of the U.S. state of Arkansas from 1996 to 2007 and is a candidate for the 2008 United States presidential election. Huckabee is the author of several books, an ordained Southern Baptist minister, a public speaker, and a musician, playing bass guitar in his rock band, Capitol Offense. Skip Rhodes is on the Board of Governors of the Commonwealth Club of California and President of Skip Rhodes and Associates, LLC.
Views: 37543 FORA.tv
Either we all pay tax, or none of us do! We're a small town in South Wales that has had enough of big multinationals avoiding paying their fair share of tax. So our small independent businesses have come together to take drastic action, and go offshore ourselves! Visit the website www.fairtaxtown.com, read more and sign the pledge READ MORE: http://www.independent.co.uk/news/uk/crickhowell-welsh-town-moves-offshore-to-avoid-tax-on-local-business-a6728971.html
Views: 11752 Fair Tax Town
Our entire course is in bilingual mode - English + Hindi - making it EXTREMELY EASY to understand. POWER NOTES of several pages, made from deep research, are dictated in each session. हिंदी और अंग्रेज़ी में एक साथ पढ़ने से कॉन्सेप्ट्स अत्यंत सरलता से समझ में आ जाते हैं और लम्बे समय तक याद भी रहते हैं । All details at http://ias.PTeducation.com Our CLASSROOM COURSES available at - Indore - 4th floor, Yeshwant Plaza, Indore Phones: 0731-2580800, 97555-99510/11/15 Our SELF-PREP COURSE can be purchased online here - http://www.PTeducation.com/UPSC.aspx Prepare for UPSC IAS exam right at your home! Full video solution, printed courseware, mentoring solution from PT's IAS Academy. Ideal for all ambitious students especially girls, small town students, cost-conscious students, and those who value their time, energy, effort and money. If you want only a modular solution (for any particular topic), go to http://www.pteducation.com/ModulewiseCourses.aspx हमसे जुड़ने का एक निर्णय आपका जीवन बदल सकता है! ============================================ This is an ACTUAL learning course No hollow entertainment. Only serious learning No stupid powerpoints. Serious notes making No frivolous empty motivational talks. Genuine skill building No substandard teachers. Highest quality English+Hindi capable experts No outdated 1980s and 90s nonsense. Latest pattern of 2014 covered ACTUAL LEARNING AND SKILL BUILDING FOR CRACKING UPSC EXAM PT's IAS ACADEMY - no one comes close! ============================================
Views: 63687 PT education HQ
"The Progressive Income Tax" is one of those economic terms that gets bandied about, but few actually know what it means or how it works. This tale of three similar brothers with three different incomes (but one shared expense) helps explain the tax system under which we live. Adapted from an article by noted investor and economist, Kip Hagopian, and narrated by actress Carolyn Hennesy of "General Hospital" and "True Blood" fame, this animated story will change the way you think about how you pay your taxes. You can support Prager University by clicking https://www.prageruniversity.com/donate.php. Free videos are great, but to continue producing high-quality content, even small contributions are greater. Do you shop on Amazon? Now you can feel even better about it! Click http://smile.amazon.com/ch/27-1763901 and a percentage of every Amazon purchase will be donated to PragerU. Same great products. Same low price. Charity made simple. Visit us directly! http://www.prageruniversity.com LIKE us! https://www.facebook.com/prageru Follow us! https://twitter.com/prageru If you are an educator and are interested in using material like this in your classroom, click https://www.prageruniversity.com/educator-program.php
Views: 1505365 PragerU
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Views: 30716 CA dilip badlani
Did you know that at least 60% of the REG Exam tests your knowledge on taxation? Start your REG studying out right with a study session on Individual Taxation with Roger Philipp, CPA, using a lecture straight from the Roger CPA Review course! Ensure you understand this highly tested CPA Exam topic and are ready to move on to more complex taxation subjects. Whether this is your first time learning this topic, or you're just in need of a refresher, you will gain a new perspective and higher comfort level with this vital area of the CPA Exam. Tune in to learn: • The difference between various items on the tax return form • An easy trick to memorize the due dates for tax returns for various entities • Taxation equation • Tool for remembering Schedule A and itemized deductions • The difference between adjustments and itemized deductions for individuals
Views: 8314 Roger CPA Review
Made by Ralph Chua Faculty, School of Management and Accountancy Ateneo de Zamboanga University
Views: 22213 Ralph Chua
Adam talks to the people of D.C. about their thoughts on taxes and theft. Get the most important book ever for free in every format including audiobook at: http://thefreedomline.com Audiobook on YT: http://youtu.be/OobMGexM6Ks Please support FREEDOM! by liking this video, subscribing, and sharing! Then go here for everything else: http://thefreedomline.com
Views: 33523 AdamKokesh
http://www.rightwingwatch.org/content/michele-bachmann-says-progressive-taxation-causes-people-violate-ten-commandments Right Wing Watch reports on the extreme rhetoric and activities of key right-wing figures and organizations by showing their views in their own words. In this video, Michele Bachmann tells David Barton that progressive taxation is unbiblical because it causes people to violate the Ten Commandments.
Views: 2992 RWW Blog
Nobody likes the IRS. But recent budget and staff cuts have made it increasingly difficult for the department to do its very important job. Don’t take our word for it. Ask Michael Bolton. Connect with Last Week Tonight online... Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens: www.youtube.com/user/LastWeekTonight Find Last Week Tonight on Facebook like your mom would: http://Facebook.com/LastWeekTonight Follow us on Twitter for news about jokes and jokes about news: http://Twitter.com/LastWeekTonight Visit our official site for all that other stuff at once: http://www.hbo.com/lastweektonight Connect with Last Week Tonight online... Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens: www.youtube.com/user/LastWeekTonight Find Last Week Tonight on Facebook like your mom would: http://Facebook.com/LastWeekTonight Follow us on Twitter for news about jokes and jokes about news: http://Twitter.com/LastWeekTonight Visit our official site for all that other stuff at once: http://www.hbo.com/lastweektonight
Views: 4055954 LastWeekTonight
Subscribe to catch my future videos! http://own.ag/youtube Extended version - https://youtu.be/ZSIO2z3qrwA I pranked a group of people in India who are currently running an IRS tax scam and tricked them intro revealing specific details of their operation. You won't believe some of the stuff these guys say.. I figured exposing this scam and posting it for all to see is a good way to get back at 'em. Please share this video with all your friends and family who will be filing their taxes this year! Creepy Facebook Pedo Prank - http://own.ag/Yv Windows Scammer Prank - http://own.ag/iH Facebook--------------------- http://facebook.com/OwnagePranks Twitter ------------------------ http://twitter.com/OwnagePranks 2nd channel / Extras ---- http://youtube.com/MrOwnagePranks Merchandise ---------------- http://ownagepranks.spreadshirt.com
Views: 1409902 Ownage Pranks
Alex talks with Sherry Peel Jackson, the former IRS agent who was imprisoned for the crime of not filing federal income tax forms after she questioned in 2001 if she had to pay the government. Ron Paul became involved in her case after it was reported that Peel Jackson was not receiving proper medical care in prison. Earlier this month, she completed her probation and is now free of the federal government's industrial-prison complex. http://www.sherrypeeljackson.org/ [Support Sherry Peel Jackson with a purchase today] http://www.sherrypeeljackson.org/awake-to-truth-bookstore/ http://www.freedomabovefortune.com/ http://www.infowars.com/ http://www.planetinfowars.com/ [Support infowars and spread the news] http://www.infowarsstore.com/ http://www.prisonplanet.tv/
Views: 144638 The Alex Jones Channel
http://phonofile.link/jedan-put I.R.S. - Jedan put Tekst: Olie, Infamous Instrumental: Senor Mix, Master: Jan Zoo Scratch: Olie Video montaza : Olie, Rufis Kamera: Aleksandar Trickovic, Rufis I.R.S. albumi na iTunes-u -4 Zida https://itunes.apple.com/us/album/cetiri-zida/id905913755 -Definicija grada https://itunes.apple.com/us/album/definicija-grada/id905912019 ----------------------------------------------------------------------------------- I.R.S. - Diskografija na Deezer-u http://www.deezer.com/playlist/928133265
Views: 23304 I.R.S. (CASUAL STUDIO)
NewsChannel 8 Today
Views: 927 WFLA News Channel 8
When your girlfriend bring you breakfast in bed goes wrong! (Wayne Colley ) Vid 1 : When you get pulled over with your white friend in the car! Vid : When your barber play too much! #getgetgone #ioncareboutdat #helpisontheway #kountrywayne #getgetgone #ioncareboutdat #helpisontheway #kountrywayne #getgetgone #ioncareboutdat #helpisontheway #kountrywayne getgetgone, ioncareboutdat , helpisontheway, comedian Kountry Wayne kountrywayne, Kountry Wayne videos Wayne Colley videos Kountry Wayne - Wayne Colley Kountry Wayne - Wayne Colley Kountry Wayne - Wayne Colley Comedian Kountry Wayne
Views: 4614 Global master
Editing - Ratko Mladenovic Olie Kamera - Petar K. Nenad S. Aleksandar T. Kolor korekcija - Igor Jovanovic Rec. i mix - Casual studio Master - Jan Zoo Instrumental - Evil Needle I.R.S. Facebook page https://www.facebook.com/IRS-129437256369/timeline/?ref=tn_tnmn
Views: 26022 Bassivity Digital
Are you on the right tax code? This short 2 minute video explains what your tax code 1000L actually means. by http://TaxFix.co.uk PS. Check to see if you are due a tax rebate by using our free calculator here: http://TaxFix.co.uk/Calculator
Views: 4866 David TaxFix
In which Hank takes on some fascinatingly boring stuff about the U.S. tax code, what sorts of incomes there are, how tax brackets work, and why rich people pay a substantially lower tax rate than most people in America. And then he makes some value judgements and expresses some opinions which are not necessarily the opinions of his brother, and are obviously the opinions of a guy who is not an economist. But really? It just doesn't seem fair. HERE ARE A LOT OF LINKS TO NERDFIGHTASTIC THINGS: Shirts and Stuff: http://dftba.com/artist/30/Vlogbrothers Hank's Music: http://dftba.com/artist/15/Hank-Green John's Books: http://amzn.to/j3LYqo ====================== Hank's Twitter: http://www.twitter.com/hankgreen Hank's Facebook: http://www.facebook.com/hankimon Hank's tumblr: http://edwardspoonhands.tumblr.com John's Twitter: http://www.twitter.com/realjohngreen John's Facebook: http://www.facebook.com/johngreenfans John's tumblr: http://fishingboatproceeds.tumblr.com ====================== Other Channels Crash Course: http://www.youtube.com/crashcourse SciShow: http://www.youtube.com/scishow Gaming: http://www.youtube.com/hankgames VidCon: http://www.youtube.com/vidcon Hank's Channel: http://www.youtube.com/hankschannel Truth or Fail: http://www.youtube.com/truthorfail ====================== Nerdfighteria http://effyeahnerdfighters.com/ http://effyeahnerdfighters.com/nftumblrs http://reddit.com/r/nerdfighters http://nerdfighteria.info/ A Bunny (\(\ ( - -) ((') (')
Views: 827281 vlogbrothers
In this interview, Ethann Fox is joined by his special in-studio guest Pete Hendrickson, Author of "Cracking The Code - The Fascinating Truth About Taxation In America." Ethann And Pete will discuss the US income tax code and will help you understand what the legal language means, and how to empower yourself to take control of your financial well being. If you always wondered how the Internal Revenue Service came into being, what happens to your tax dollars, and what your legal responsibilities actually are, you don't want to miss this enlightening show. About Pete Hendrickson Pete Hendrickson is possibly the most effective lawyer in history, even while never having set foot in a law school, nor ever being a card-carrying member of "the bar". He is the first American in history to secure a complete refund of Social Security and Medicare ‘contributions’ withheld from his earnings (along with all other property taken for federal taxes); further, since 2003 students of his legal analyses and arguments in ‘Cracking the Code- The Fascinating Truth About Taxation In America’ (CtC), and its sequel, 'Was Grandpa Really a Moron?' have been routinely retaining and recovering billions of dollars which otherwise-- wrongly, but as a matter of course-- would have gone to federal or state government treasuries. This despite concerted efforts by government to suppress his work, and in some cases vigorously oppose the claims by his students. Beginning in the mid-1990s and continuing for the twelve years before his present full-time focus on the restoration of the rule of law in America, Hendrickson directed purchasing activities for the $84 million-a-year multi-family-housing division of the Farmington Hills, Michigan branch of Edward Rose and Sons, with responsibility for 18,000+ apartments, direct supervision of 35 technicians and agents, and incidental authority over several hundred divisional workers. He also ran the division's 10 cable television earth-station and distribution systems in four states, and designed and administered the company's website. You can get a copy of "Cracking The Code" here: http://www.losthorizons.com/Cracking_the_Code.htm Awake and Empowered TV with Ethann Fox on CCN As the energy of our planet is shifting and changing, many who are awakening have come to realize their world is quite different than they were taught and had imagined. Societal institutions, religious traditions and mainstream media focus on our physical reality, materialism and other negative aspects of our reality, blocking our spiritual connection to the Divine. To support an emerging shift of consciousness in the world, now more than ever, people are in need of real world tools, and inspiration to cause positive change and support a higher vibration. Awake and Empowered TV is the impetus for raising vibration and increasing awareness of the positive aspects of this transition and where we are headed as a global consciousness. Join spiritual teacher and host, Ethann Fox every Saturday at 12 p.m. GMT, 7 p.m. EST to create a new view of your world. Explore all of the positive aspects of the evolutionary changes on our planet that are emerging right now, just beneath the surface of mainstream reality. Each week, Ethann brings you the pioneers of our time from around the globe who are on the forefront of the expansion of human consciousness in the areas of technology, health, spirituality and science. Tune in each week to explore alternative perspectives that will enrich your life journey, increase your happiness and steadily move toward a more fulfilling life experience. Together we inspire each other to build a new community of thought, as we empower ourselves and each other to live at our collective highest potential. About Ethann Fox Ethann Fox is a spiritual teacher, energy healer, the founder of the Flower of Life Center for Human Evolution and the visionary behind the Awake and Empowered Expo. His background in the business and financial markets as a professional trader and business owner is coupled by over 20 years as an accomplished astrologer and numerologist. Walking both the spiritual and business worlds, Ethann’s experience has given him an unconventional view and approach to personal happiness and professional success, melding the two as one. Ethann’s natural curiosity and logical, left-brained mind-set has gained him a reputation as a genuine yet persistent and respected interviewer. He has a distinct talent for blending the spiritual and physical worlds in a way that gives audiences around the world a better understanding of how to adapt new world tools into their modern reality. About Flower of Life: http://www.floweroflifecenter.org/ About the Awake and Empowered Expo:http://awakeandempoweredexpo.com/about About an Energy Transfer: http://www.ethannfox.com/energy-transfer
Views: 1980 Awake And Empowered Expo
Senator Rand Paul announced an over $2 trillion tax cut that would repeal the entire IRS tax code—more than 70,000 pages—and replace it with a low, broad-based tax of 14.5% on individuals and businesses. Paul's plan would eliminate nearly every special-interest loophole. The plan also eliminates the payroll tax on workers and several federal taxes outright, including gift and estate taxes, telephone taxes, and all duties and tariffs. Rand Paul is calling it the “The Fair and Flat Tax.” Check out Rand Paul's BRAND NEW WEBSITE here▼ http://www.randpaul.com/ Like Rand Paul on Facebook▼ http://www.facebook.com/RandPaul Follow Rand Paul on Twitter▼ http://twitter.com/RandPaul Follow Rand Paul on Instagram▼ http://instagram.com/drrandpaul/ Donate to Rand Paul▼ http://secure.randpaul.com/?sr=youtube Get Rand Paul Gear▼ http://store.randpaul.com/ A Short Bio on Rand Paul Senator Rand Paul, M.D. is one of the nation’s leading advocates for liberty. Elected to the U.S. Senate in 2010, Dr. Paul has proven to be an outspoken champion for constitutional liberties and fiscal responsibility. As a fierce advocate against government overreach, Rand has fought tirelessly to return government to its limited, constitutional scope. A devoted husband and father, Dr. Paul and his family live in Bowling Green, Kentucky, where Rand owned his own ophthalmology practice and performed eye surgery for 18 years. As a hard-working and dedicated physician--not a career politician--Rand Paul came to Washington to shake things up and to make a difference. Dr. Paul has been married for 24 years to Kelley Ashby Paul of Russellville, Kentucky, and together, they have three sons: William, 21; Duncan, 18; and Robert, 15. He regularly volunteered to coach teams for each of his three sons in Little League baseball, soccer, and basketball. Rand and Kelley are both devout Christians and are active in their local church. Rand is the third of five children born to Carol and Ron Paul. He grew up in Lake Jackson, Texas and attended Baylor University. He graduated from Duke Medical School in 1988. Dr. Paul completed a general surgery internship at Georgia Baptist Medical Center in Atlanta and completed his residency in ophthalmology at Duke University Medical Center. Upon completion of his training in 1993, Rand and Kelley moved to Bowling Green to start their family and begin his ophthalmology practice. In 1995, Rand founded the Southern Kentucky Lions Eye Clinic, an organization that provides eye exams and surgery to needy families and individuals. Rand is a former president and 17 year member of Lions Clubs International, which is dedicated to preserving sight by providing eyeglasses and surgery to the less fortunate around the world. In recognition of his outstanding and sustained efforts to provide vision care to Kentuckians in need, Lions Clubs International has awarded Rand many of its highest commendations. A large part of Rand's daily work as an ophthalmologist was dedicated to preserving the vision of our seniors. In 2002, The Twilight Wish Foundation recognized Rand for Outstanding Service and Commitment to Seniors. During his free time, Dr. Paul performs pro-bono eye surgeries for patients across Kentucky. Additionally, he provides free eye surgery to children from around the world through his participation in the Children of the Americas Program. Most recently, he traveled to Guatemala on a medical mission trip with the University of Utah's Moran Eye Center. During the week over 200 patients, many of them blind with cataracts, had their vision restored by Dr. Paul. Dr. Paul's entrance into politics is indicative of his life’s work as a surgeon: a desire to diagnose problems and provide practical solutions, whether it be in Bowling Green, Kentucky or Washington, D.C. Randal Howard "Rand" Paul (born January 7, 1963) is an American physician and politician from Kentucky. In office since 2011, Paul currently serves in the United States Senate as a member of the Republican Party. He is also a trained ophthalmologist, and is the middle son of former U.S. Representative and physician Ron Paul of Texas. Born in Pittsburgh, Pennsylvania, Paul attended Baylor University and is a graduate of the Duke University School of Medicine. Paul began practicing ophthalmology in 1993 in Bowling Green, Kentucky, and established his own clinic in December 2007. Paul has been considered a supporter of the Tea Party movement, and a vocal critic of the Federal Reserve System. He has opposed NSA mass surveillance of Americans and supports reduced government spending and taxation. He describes himself as "100% pro-life" and has cosponsored legislation for equal protection of the right to life from conception. Paul officially announced his candidacy for the 2016 U.S. presidential election on April 7, 2015.
Views: 10468 Rand Paul 2016
An employee's tax code is used by employer's to calculate the amount of income tax that must be deducted from an employee's salary. A tax code is the mechanism by which "pay as you earn" is operated in the UK, making it possible for most employee's to have paid the right amount of income tax by the end of each tax year. As a result, most employees in the UK do not have to complete an income tax return form. The number part of a tax code indicates to your employer how much is allowed against your earnings before calculating income tax. The Government sets the personal tax allowance, available to every employee, in advance of the start of each tax year. It was 747 in 2011 and 647 in 2009 and 2010. If the number part of your code was lower than 747 in 2011, it may be that you owe tax, perhaps because you received some taxable benefits from your employer in the previous tax year. You will pay the extra tax during the current tax year. If the number part of your code was higher than 747 in 2011, this is probably because you are also entitled to another tax allowance, such as the married couple's allowance or the blind person's allowance. Or you may have overpaid tax in an earlier year and you have chosen to have the tax refunded in your pay rather than as a lump sum. You are not given all of your "tax-free pay" for the year in one go. Rather, it's divided equally across your pay periods throughout the tax year. You get a monthly free pay amount of £416.67 for every 500 in your tax code or £96.16 per week for every 500 in your tax code. This is called the frequency factor for free-pay, these value do not change and your tax code is the only variable in calculating free-pay. (500 x £10 / 52 (rounded to 1p above) = £ 96.16 (500 x £10 / 12 (rounded to 1p above) = £416.67 You can work out your free-pay using these simple steps. Step1: record the integer part of (Tax Code divided by 500) Step2: record the absolute value of (Tax Code minus (500 x Step1s result)) Free-Pay: is 416.67(monthly) or 96.16(weekly) times Step1, plus rounded up(((Step2 times 10) plus 9) / 12(monthly) or 52(weekly)). Note: Rounding up means that even if you have a value of 206.583 it is rounded to 206.59. Example Monthly Tax code 747L: Step1: INT(747 / 500) = 1 Step2: ABS(747 - (500 x 1) = 247 Free-Pay: 416.67 x 1 + Rounded Up(((247 x 10) + 9) / 12) = £623.26 per month. Example Weekly Tax code 747L: Step1: INT(747 / 500) = 1 Step2: ABS(747 - (500 x 1) = 247 Free-Pay: 96.16 x 1 + Rounded Up(((247 x 10) + 9) / 52) = £143.84 per week.
Views: 5399 PayrollTips
Business mogul discusses his policies on 'Hannity' Watch Sean Hannity talk about Elections, Isis, Presidential Primaries, Republicans, and Terrorism on Hannity.
Views: 79402 Fox News
Paying taxes can be tough -- it's complex, time consuming and often frustrating. Watch as Randall Holcombe, Professor of Economics, explains how we can simplify the tax code by eliminating loopholes for special interests and lowering tax rates and how this helps improve economic growth. It might not make paying taxes any sweeter, though. Check out http://www.economicfreedom.org/videos to see the rest of our videos!
Views: 3968 EconFree
Remy channels One Direction to help us understand the tax code. Written and performed by Remy. Music tracks and background vocals by Ben Karlstrom. Produced and edited by Meredith Bragg. Approximately 2 minutes. Visit http://reason.com/reasontv/2015/04/15/remy-best-song-ever-tax-code-edition for downloadable versions and subscribe to Reason TV's YouTube channel to get automatic notifications when new material goes live. You can follow Reason on Twitter at @reason and follow Remy on Twitter at @goremy. LYRICS: Make them pay four months of earnings (oh, that's a good one) Have them look for lost receipts (ooh, I like it!) They'll have about as much fun as their last colonoscopy People everywhere will get ripped off... the paper version of the Apple Watch And we'll dance all night, it's the best code ever Some folks pay a lot, others they pay never And you'll get tax breaks if you're really clever It'll take so long, it's the best code ever They'll be like "oh, oh no" We'll be like "yeah, yeah, yeah." We'll be like "awww." You may have heard that all your info on our systems can be hacked with ease But rest assured if they don't get them they'll be in the care of folks like these Yes historians will all agree among the greatest works in history And we'll dance all night, it's the best code ever Some folks pay a lot, others they pay never and if you don't comply you'll go to jail, however Why would you not file? It's the best code ever They'll be like "Oh, oh no" We'll be like "yeah, yeah, yeah"
Views: 51214 ReasonTV
Join Rand and help kill the tax code! Learn more and get involved: http://www.randpaul.com/ Like Rand on Facebook: https://www.facebook.com/RandPaul Follow Rand on Twitter: https://twitter.com/RandPaul Follow Rand on Instagram: https://instagram.com/drrandpaul Make a contribution: https://secure.randpaul.com/?sr=hmyoutube Get your gear: https://store.randpaul.com/
Views: 175250 Rand Paul