Where does your tax money go?

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Where does your tax money go?

Post by BASixxer on January 26th 2011, 9:45 pm

So tax season is here (comes right before car season, whoo!), and it's always interesting to hear what people do with their refund money.

I personally never get much back, used to be around $600 a year but it's even less with the misses. No kids, no house, so nothing big to expect. Had a lot of school expenses this year, so hoping to get a little out of that, but we will see. Always seems we get about $150 from the feds, but then have to pay $75 for turbo tax, $25 to file the business taxes, and pay $100 to state. Viola, no refund...

IF we happen to get a refund, I'll be taking that, adding it to my corporate bonus check from work, and using it to pay off most of my bills so we can have the extra funding to actually get a house... may get some wheels or something, but don't expect to see much out of the car from this...

What are your plans?

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Re: Where does your tax money go?

Post by ARMORINE on January 26th 2011, 10:17 pm

secret project.... i'll probably have them Finnish machining the jewel that's in my garage right now

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Re: Where does your tax money go?

Post by Leonard 95 on January 27th 2011, 9:46 am

What tax money???????? Pay in a assload and still get the ole screw job from uncle sam, 3 kids and big house still don't help! samuri

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Re: Where does your tax money go?

Post by Oldokie on January 27th 2011, 10:31 am

I will be mailing a big fat check to Uncle Sam to go along with all of the money that has already been robbed from me....

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Re: Where does your tax money go?

Post by 03.sonicblue on January 27th 2011, 10:42 am

Don't even get me started.....

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Re: Where does your tax money go?

Post by lehcar on January 27th 2011, 12:58 pm

Bahahaha way to get everyone in a great mood, Lee!

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Re: Where does your tax money go?

Post by Guest on January 27th 2011, 1:10 pm

Weed and hookers....

Seriously, i am self employed, so they get a big chunk from me every year. I dont know what a tax return is...

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Re: Where does your tax money go?

Post by ARMORINE on January 27th 2011, 1:20 pm

am i the only optimistic one here?

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Re: Where does your tax money go?

Post by BMMC1 on January 27th 2011, 1:28 pm

If you do it right.... you should get as close to $0 back as possible. That's always my goal. Anything you get back is like give the Gov't an interest free loan.

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Re: Where does your tax money go?

Post by BMMC1 on January 27th 2011, 1:28 pm

BTW... I do like Chris' idea of how to spend a refund...

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Re: Where does your tax money go?

Post by BASixxer on January 27th 2011, 1:47 pm

I guess that is true... but paying a little more each money and then getting it all back at once is nice... its like a savings account...

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Re: Where does your tax money go?

Post by 03.sonicblue on January 27th 2011, 2:10 pm

amentowasso wrote:I guess that is true... but paying a little more each money and then getting it all back at once is nice... its like a savings account...


A dollar today is worth more than a dollar tomorrow. I can have my money invested and working for me today. If I have to wait 12 months to get it returned back to me, that is 12 months of interest and dividends I have missed out on. Give me my money now!!

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Re: Where does your tax money go?

Post by BASixxer on January 27th 2011, 2:11 pm

Its my money, and i want it NOW!!!

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Re: Where does your tax money go?

Post by BMMC1 on January 27th 2011, 2:13 pm

03.sonicblue wrote:
amentowasso wrote:I guess that is true... but paying a little more each money and then getting it all back at once is nice... its like a savings account...


A dollar today is worth more than a dollar tomorrow. I can have my money invested and working for me today. If I have to wait 12 months to get it returned back to me, that is 12 months of interest and dividends I have missed out on. Give me my money now!!



This is the logic behind the statement.

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Re: Where does your tax money go?

Post by 03.sonicblue on January 27th 2011, 2:22 pm

What bugs me is I can't get the state taxes right to save my life. Two years ago I owe like $115, last year refund 134, this year I owe 126. Thats whats frustrating about the tax code.

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Re: Where does your tax money go?

Post by hutchenstein on January 27th 2011, 4:10 pm

I will most likely be paying in this year because for some reason my work-study job decided to just not withhold any income tax at all...that and taxes on my scholarships. :(

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Re: Where does your tax money go?

Post by 03.sonicblue on January 27th 2011, 5:29 pm

hutchenstein wrote:I will most likely be paying in this year because for some reason my work-study job decided to just not withhold any income tax at all...that and taxes on my scholarships. :(


If you think thats bad, just wait until you get a real job.

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Re: Where does your tax money go?

Post by Shelby10' on January 27th 2011, 5:33 pm

I am thinking about quiting my job, popping out 5 kids, and going on welfare. That way to GOVment pays me.....

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Re: Where does your tax money go?

Post by Leonard 95 on January 27th 2011, 7:46 pm

Shelby10' wrote:I am thinking about quiting my job, popping out 5 kids, and going on welfare. That way to GOVment pays me.....



This wouldn't surpise me one bit freeloader! lol!

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Re: Where does your tax money go?

Post by ONEBADACE01GT on January 27th 2011, 7:53 pm

Shelby10' wrote:I am thinking about quiting my job, popping out 5 kids, and going on welfare. That way to GOVment pays me.....

im pretty sure that is the new "American Dream"

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Re: Where does your tax money go?

Post by BASixxer on January 27th 2011, 8:00 pm

Shelby10' wrote:I am thinking about quiting my job, popping out 5 kids, and going on welfare. That way to GOVment pays me.....


food stamps and wic won't pay that GT500 payment... then you'll have to sell those wheels to me to keep the car for a few more months...

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Re: Where does your tax money go?

Post by Guest on January 27th 2011, 9:24 pm

Tax return, what is that?

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Re: Where does your tax money go?

Post by Shelby10' on January 27th 2011, 10:06 pm

Leonard 95 wrote:
Shelby10' wrote:I am thinking about quiting my job, popping out 5 kids, and going on welfare. That way to GOVment pays me.....



This wouldn't surpise me one bit freeloader! lol!


Whats for dinner? beerdrink

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Re: Where does your tax money go?

Post by Leonard 95 on January 28th 2011, 7:16 am

Shelby10' wrote:
Leonard 95 wrote:
Shelby10' wrote:I am thinking about quiting my job, popping out 5 kids, and going on welfare. That way to GOVment pays me.....



This wouldn't surpise me one bit freeloader! lol!


Whats for dinner? beerdrink



Dezz nutz!

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Re: Where does your tax money go?

Post by Mustang Marie on January 28th 2011, 8:13 am

would love to put some in my car...but probably pay off small bills and some yard work...but my list for the stang would be more fun....

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Re: Where does your tax money go?

Post by Oldokie on January 28th 2011, 8:18 am

If they start whacking me any worse I'm gonna retire and go on the dole! I can certainly become the problem instead of the solution!

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Re: Where does your tax money go?

Post by 03.sonicblue on January 28th 2011, 11:24 am

You can adopt me if you want, give your money to me instead. Write me off as a dependant. Deal?


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Re: Where does your tax money go?

Post by ARMORINE on January 28th 2011, 11:59 am

03.sonicblue wrote:You can adopt me if you want, give your money to me instead. Write me off as a dependant. Deal?



if i every win the lottery i'll adopt you, on the condition you keep my car collection spotless lol!

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Re: Where does your tax money go?

Post by shelbyrick on January 31st 2011, 7:41 pm

What is a refund? Old uncle Obama wants mines. More and more all the time, the harder I work the more people go on welfare.

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Re: Where does your tax money go?

Post by fst06stg on February 8th 2011, 7:38 pm

i appreciate anything the government gives me back. when China takes us over, we most likely wont be getting any sort of refund.

$1 billion of your hard earned tax money goes to aid the Egyptian army that hates us.

$1.5 billion of your hard earned tax money goes to the UN security counsel that hates us.

millions go toward the organization that aids the abortion of babies with underaged mothers.

to be continued...

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