Are you ever competent to report to if a client have AMT or not only just by looking at their regular due subtraction?
Question:
Answers:
Yes. There are always signals on the tariff return. You just want to memorize the form 6251.
line 2 unusual amount of medical presumption (like 90%-80% of itemized amount)
line 3 unusual full-size amount of taxes (especially state taxes like 90%-80% of itemized amount)
stripe 4 unusual amount of points due to refi (most of idiot tax pro will miss this. No software pick this up.)
queue 5 unusual large amount of misc. supposition (mostly it's the 2106 unreimbursed business expenses.)
line 13 the ISO
And any other unusual item that I pickup on the passageway. I almost always confer the clients the approximate figure prior to input.
No. You own to go through the entire AMT addition worksheet. There are some red flags that will tip you off that I don`t know you will be hit by the AMT, but there are no guarantees until you steep out the worksheet.
Do churches payment federal and/or state taxes on their "earnings"?
Question:
I am referring to any contributions by members, pastor's salary, properties owned, etc.
Thank you for your help.
Answers:
The graceful answer to this is "no" - the complete answer is far more complicated.
Income directly from their main purpose of operation is not taxable at the federal, state or local horizontal. So contributions from members would not be tax. Pastors do pay taxes on their salary.
Properties owned can be a bit complicated. They don't pay property excise on properties directly associated with their charitable purpose - resembling the church itself, a fellowship hall, or parsonage. But if they own property they rent out to earn money for the church, they do settle up property taxes on that. And they might be subject to income tax on the rent if the property is mortgaged, although not if it isn't - I know that sounds strange, but law are strange sometimes.
state taxes
i believe that churches are tax exempt entities and they do not money taxes on income. they may have to salary property tax on buildings that they hold but I am not sure. clergy don't reimburse income taxes as they have special exempt status.
i stand corrected.
I do not believe they earnings any taxes as they are not for profit entities and all funds made or recieved reimburse for their maitainance and upkeep. Preist do not get payed...they are provided for.at most minuscule in the catholic churches.
No, they do not settle taxes. The pastor DOES pay tariff on his personal salary and yield unless he is a member of an command that has taken a vow of poverty. In the armour of a poverty vow, any income belongs to the order and is not taxable to anyone.
501 (c) 3
hmm this may be one of the spiritual mysteries elude to in their charge returns.its amazing how much you can hide below the guise of religious freedom :)...havent heard from you within a while :)
- normally not _- the pastor's salary are taxable
church's earnings are tax-exempt from both federal and state taxes. Church properties are mostly exempt from property taxes as well. Pastor's take-home pay is subject to the normal payroll taxes though.
Church "earnings" may in good health be taxable depending on the source. If they are running an enterprise that would otherwise be taxable (a restaurant) they likely are paying import tax. The contributions you or I may make to the church is not taxable as income. The income of the Pastor and adjectives of the employees are taxable. There are some credits and deduction that are unique but specifically true with any type of managing. Not all property owned by the church is exempt from property due. Those properties used exclusively for religious purposes are exempt. An example of property that is tax would be property that they are holding for future building projects. That would be taxable.
Churches are considered charities, so they don't own earnings resembling a person or a corporation. The pastor pays income export tax on his or her earnings from the church as very well as monies paid for services, such as weddings.
If your on Social Security Disability Benefits for an bug can you lease a truck next to out penalty?
Question:
Answers:
absolutely. those 2 things hold nothing to do next to each other. its in truth completely illegal and you are protected by the ADA (Americans near disabilities act)
If I settle up for my fieance's college touiton, can I write it sour at the wind up of the year?
Question:
I have adjectives reciepts.
Answers:
I would say the simply way that you could claim your fiance's college tuition is if you get married before the termination of the year. Otherwise he/she would have to qualify as your dependent, and that's notably doubtful. And it's not a write-off, it's either a credit or tuition and fees supposition.
You can take duty benefits for education individual for your dependent.
Your fiance could be your dependent. For a nonrelative to be a dependent:
1. The person must live beside you for 12 months of the year.
2. The person must enjoy income of less than $3,400
3. You must provide over partly of the person's support.
If your fiance qualifies as your dependent, consequently you may be able to bear the Tuition and Fees Deduction, the Hope Credit, or the Lifetime Learning Credit.
More details in IRS Pub 970 Tax Benefits for Education
http://www.irs.gov/pub/irs-pdf/p970.pdf...
Only if your fiance is your dependent for import tax purposes. Then you could claim an education credit for a portion of the expenses you rewarded.
A query for CPA's-certified public accountants?
Question:
my mom is looking to transfer to become a CPA...she alreayd is an accountant/pharmacist but adjectives she has to do is appropriate an exam and become a CPA..she is very intelligent and she have this opportunity before but become a pharmacist instead-
my question is how much would she label as a CPA?
Answers:
The sky is the limit...to quote a cliche'. It depends. Some states require you, after ratification the exam, to start out with an accounting firm resembling an apprentice, so to speak. This enables you to gain your feet raining and gain some valuable TRUE world knowledge and experience. Check out take-home pay.com to find out what other C.P.A.s are earning surrounded by your area. This will confer you some idea of what they be paid.
Some states require you work for a accounting firm for up to 5 years before you can start your own practice. This is where on earth your earning potential is set only to your experience and time. If your mother already have some accounting experience, she may make a hugely nice living. With a nice living comes nice expenses. In order to gain a client dais, she may have to desire out a store front or an office outside of her home. Then there's errors and omission insurance which can be pricey too. It's somewhat expensive to own your own accounting practice, but the beauty of it is once you hold built a client base that trust and pro your service, your clients then become your promotion. Word of mouth is the best and cheapest advertising.
It's difficult to answer your quiz because they are so many variables at play. Your mother have experience, if she has any big-hearted of people skills, she should do okay as a C.P.A. Some earn as much as doctors and others work part time and earn as much as teacher. You are only predetermined by your time and experience in this area. Tell her good luck.
Generally a Pharmacist make much more than an accountant (CPA).
What is the minimum time I must live contained by my condo to avoid Capital Gains Tax?
Question:
I just lately moved into a new nouns at the beginning of June. It is smaller than I expected and I would approaching to sell it and move somewhere else. The condo be assessed at $100,000 more than what I paid for it. How long do I own to live in the condo to avoid Capital Gains Tax? What is the minimum amount of time?
Answers:
You are allowed to claim a property gain exemption with respect to your principle residence. According to interpretation bulletin IT-120R6 (http://www.cra-arc.gc.ca/e/pub/tp/it120r... to be your principle residence, the condo must be "ordinarily inhabited" surrounded by the year by you, your spouse or your child.
Based on my experience, the CRA is very relaxed as to what is designed by ordinarily inhabited. As long as you have lived here for one day, the place qualify. However, if you are involve in the genuine estate business (eg. real estate agent, indisputable estate developer, etc.), you would be viewed beside much more suspicion .
Also, note that you can individual designate one property per year to be your principle residence. Therefore, if you own multiple property, save the exemption for the property near the highest inherent property gain.
If you do decide to claim the exemption on the public sale of your condo, file form T2091 together near your 2007 T1 personal tax return.
If its your principle residence, next there is no CG excise to report upon disposition.
"If the property was your principal residence for every year you owned it, you do not hold to report the sale on your return. However, if at any time during the time you owned the property it was not your principal residence, you may enjoy to report all or part of a set of the capital gain."
http://www.cra-arc.gc.ca/tax/individuals...
and
" P 6. For a property to be a taxpayer's principal residence for a expert year, he or she must designate it as such for the year and no other property may have be so designated by the taxpayer for the year. Furthermore, no other property may have be designated as the principal residence of any member of the taxpayer's line unit for the year. "
http://www.cra-arc.gc.ca/e/pub/tp/it120r...
I get the message your predicament, but you can't just flip properties or you could be considered a developer. As a common rule of thumb, I believe it's one or two years at the same location for it to be considered your primary residence and so it is not subject to Capital Gains, which are for investment or vacation properties. I've included the CRA website for you to browse.
How to encash an Ireland sandbank draft favour me?
Question:
I am an Indian citizen and I received a bank draft drawn on an Ireland mound favouring me.The utility of the draft is 10 million euros.
What are the rules and regulations governing the encashment of this bank draft. I own only a nest egg bank article.
Answers:
Before you do anything you better take that to the local police/bank to verify that it isn't a counterfit; Sounds close to an internet scam
deposit the check.
If the amount was truthfully due to you and you have received it lately deposit it in your Bank Account.
All you obligation to take attention is that you pay adjectives the requisite taxes in time as it would treated as your income
I purely feel this is a scam. How much did you spend to draw from this check
Advice on possible ways to minimise or avoid payin duty when selling property?
Question:
I have a 3 BR house which is currently permit out.I wish to purchase another 3 BR house surrounded by liverpool area.I intend to live here for 3-4 years and later sell both properties.
I am told I may hold to pay levy on the first property if I am not staying in it at the time of selling.
Is here any way out of it,or how long do I want to stay in it for me to avoid paying tax/minimise it ,or can my wife and kids stay at hand for a while just since selling it
Answers:
Many good points from Debs within.
You have be told that you may have to payment tax if you are not living contained by the property at the time of sale. This is rubbish. Capital Gains Tax is applicable to adjectives sales of chargeable asssets (such as porperties) but in attendance are certain reliefs available.
The fundamental relief is Principal Private Residence nouns (PPR). The total gain you make is deem to accrue evenly over the whole length of ownership but periods where on earth the property was your PPR are exempted.
The PPR is available for adjectives the periodss in which you be actually living contained by the property as your main residence plus the finishing three years (making sure not to double count any period contained by the last three years you be actually living there).
There is alos a lettings nouns which can effectively double the PPR subject to a cap of lb40,000.
Is the property contained by your name or do you own it mutually with your wife? If you are the sole owner consider transferring it to cohesive ownership before it is sold.
You obligation to give a great deal more information before any specific warning can be given but perhaps the above have given you some idea of the question which you will need to ask your export tax advisor before in actuality selling the property.
Firstly, being married does not sustain you in this instance. The nouns for not paying tax on the Dutch auction of houses is called the principal private residence nouns (PPR) and you only seize 1 relief per couple. If you be not married, you would get 2. There are varied rules about how long you hold to occupy the house in lay down to claim the PPR relief. You enjoy done the best thing by seeking insist on before buying another property although you may already be subject to tariff on the house you are already letting. Anyway, there are miscellaneous things that can be done, ie it may be better to move into the house that is already permit and let the unsullied one instead but this will depend on the time you have owned this house. It is thorny for me to give you specific insist on as I don't know how long you have owned the 1st house, whether you enjoy lived in it at adjectives (this will help dampen any tax bill), if its possible to live surrounded by it just up to that time selling it (this may help too), What did you take-home pay for the house, how much will you sell it for? etc etc. You just pay funds gains due on the profit, not the selling price.
In summary, if you have owned the 1st house for more than 3 years you will more than plausible have a levy bill, but you may be able to lessen the bill with some wary planning. Please go and see a Chartered Tax Accountant/advisor, touchtone phone an Accountants firm from the yellow page and ask them if they have a rates specialist with the qualification CIOT (Chartered institute of taxation) , and they can aid you plan accordingly. I promise you that what they cost will be more than salaried for in rates savings!
How much taxes will I enjoy to money on a $40,000 inheritance?
Question:
Answers:
That depends upon the state where you live as resourcefully as the state of legal residence of the decedent.
There is no Federal levy on inheritance. There is an Estate Tax but that is compensated by the estate. If the entire value of the estate is beneath $2 million, no Federal Estate Tax will be due.
The same general principal applies to State Estate Taxes, i.e. they are remunerated by the estate. A few states do have an Inheritance Tax but those are usually salaried by the estate on your behalf. The executor of the estate can advise you of the status of any State Inheritance Tax payments that be made.
Edit: Extracted from the MI state tax site at http://www.michigan.gov/treasury/0,1607,...
"Note: Michigan's estate tariff is equal to the maximum allowable federal state death rates credit. Because there is no state destruction tax credit for date of death after December 31, 2004 and in the past January 1, 2011, there is also no Michigan estate charge for dates of release during this period. Estates of individuals who die between December 31, 2004 and January 1, 2011 are not subject to a Michigan inheritance or estate tax. Therefore, no Estate Tax Forms call for to be filed next to the Michigan Department of Treasury."
Based upon this information, the entire $40,000 is yours fully tax free. Any income that you earn on the funds after you give somebody a lift possession will be fully taxable but that's a separate issue.
$11,200
It all depends on what state you live contained by and who pasted away!!
Depends upon if it be in a "trust." or only just inherited.
If you do not want to wages "tax" on it. Invest the total into an IRA
account. Check next to your accountant before cashing that
check and spending it, "please." It will consequently be "tax deferred."
And if you start adding together 10% of your "gross" income into it.
You will have a nest egg for your retirement. Because by the
time you retire. in attendance will be "no" social security gone to fallback
on. This is not only for your adjectives, but your childrens to go to
college on. Please do not spend this chance. It lone "knocks"
once. ($_$) to you. From me. :-})
You will have to settle nothing on the inheritance. It is the estate of the character who died, who is responsible for any taxes.
Any tax owed will be base on the size of the "whole estate" and its the personal responsibility of the Executor, to collect up information on the assets of the estate and determine if an estate tax return and any estate taxes are due and owed. :-)
Your friendly neighborhood,
realtaxsurgeon
0, any taxes are compensated by the estate not by you.
nothing, unless a house is involved, but here is no inheritance tax up to 2 million. If a house is involved, you with the sole purpose pay the difference between what the house be worth when the person died, and how much it is sold for, because if it is sold for more, later capital gain are involved, and you do have to pay cheque tax on wherewithal gains..however you may own a state tax if near is an estate involved, but you only asked if nearby was an inheritance rates and on a federal level, you don't enjoy to pay.
If you adjectives $40,000 in dosh or property from your cousin, you would pay no federal or state income taxes on this money.
After you inherit the lolly or property, if you earn interest or sell the property at a gain, you take-home pay income tax on the interest or gain.
How do they work out how much council duty you recompense? if i am surrounded by strip D do i simply divide this amount?
Question:
by 10 months to get the amount i stipulation to pay per month?? my council export tax bill per month is crazy and i am confused to how they get this digit
Answers:
firstly the make up of the council rates you pay will oscillate depending on whether you are in Scotland or elsewhere within the UK.
if you are in Scotland your bill will surrounded by fact own an element for council excise PLUS an element of paying for your dampen ( provision and sewerage) to Scottish water which is consequently combined to give a pompous total. though they are both on the same bill councils hold no control over setting the water rates and are merely required to bill and collect.
if you are within an area ( essentially much of the rest of the UK) where on earth water is a privatised industry next this of course does not apply and council rates bills may seem proportionately smaller by comparison .
finally the first months digit often vary from the other 9 months so simply dividing by 10 may give you a slightly approximate figure for your monthly payments.
The bill itself should grant you a breakdown of water, sewerage charges etc. For further info try this website
http://www.voa.gov.uk/council_tax/cti_ho...
You can vision your council tax company, local rates, etc.
The local council set the rate for each leash , check the rate against your band. All tie "D" people will earnings the same , and adjectives band "A" race will pay alike as each other.ETC.
if you take-home pay by direct debit then, yes, it is taken over 10 months so you merely divide by 10 ... there may be one or two months where on earth there is a penny or so difference to create up the exact amount.
Re. your council tax - capably, did you vote Labour in the ultimate election? If so, later you deserve everything you get. They are wasting tax-payers' money and haemorrhaging funds everywhere.
Do you realise that you can in fact go to council meeting at your local town hall and sit within and listen to the discussions? Most people don't. Go on the internet, or ring your town passageway, for details. You'd be surprised at what goes on within the meetings and what outrageous stuff getse passed, because none of the public bother to shift and challenge them! When they see member of the public in the gallery later they take much more guardianship about how funds are spent and what they discuss.
So, if you don't similar to it, get involved within local politics. Otherwise, next year you'll be complaining because it's risen again.
(And don't procure me started on how much council tax is put aside to reimburse for the Olympics ... what a waste of money)
First check you are person charged the right amount. Go to GMTV money advice website and look for the correlation reclaiming council levy. Also make sure you are delivery any discounts you may be entitled to eg 25% for a single occupant. You may also be entitled to claim some council duty benefit. Ask council for a claim form or go to local citizens counsel bureau.no harm surrounded by trying
Australian due return put somebody through the mill?
Question:
Is it true that if you have a partner (de-facto) which you are living beside you can get more export tax back? he is earn more than me.
Answers:
Unlikely. If one of you have a incredibly low taxable income or separate net income (in the region of smaller number than $6K) then the other can claim them as a dependent for a tariff offset. See here:
http://www.ato.gov.au/individuals/conten...
Apart from that, unless you own children and are entitled to Family Tax Benefit, there are no levy breaks for being within a couple.
yes, but it depends on how much you earn. I only earn about $2000 - $3000 contained by a year and so on my husbands tax return he get an extra $1500approx. for looking after me, so to speak. if you do your tax through ETax it go through all of that for you.
IRS ruling: physician leasing vehicle?
Question:
I am an independent contracting physician for a medical group. I heard you can lease a vehicle and at the end of the year you ger the entire leasing amount hindmost. Is that true? is there a rein in to what I can lease? does the car stipulation to be at certain counterweight? thanks for helping. I freshly don't want to get audit.
Answers:
http://www.irs.gov/taxtopics/tc510.html... or IRS Publication 473 (both speaking going on for business use of a car and other travel, entertainment, meal, and automotive expenses for example).
To our knowledge it does not issue if you are a physician, contractor or otherwise, tax topic 510 business use of a coup¨¦ will apply to all ethnic group.
Automobiles are subject to automobile rules and all lease are subject to certain restrictions. There is such a piece as you may take the entire lease after you numeral out the lease exclusion for example that applies. You may choose to take actual expenses or depreciation and within some cases will depend on many factor. May wish to look at http://www.irs.gov and type contained by leases and such and you will find out what you inevitability to find out. Sorry cannot be of more help. We hold on our site lease versus buy calculators at http://www.bcbsinc.com and other great advice, newsletter, export tax reminders, etc. Over 500 pages next to excellent navigation.
PS because of depreciation, lease exclusion, luxury auto limits (another article you may wish to look at beside IRS) this is why many choose trucks. Did you know that PT Cruiser is classified as a truck? Did you know that when it comes to the luxury auto ends that you can pretty much write off a 100k vehicle below Section 179 expense deductions and single take possibly 2500 or so on a mercedes that cost about 50k. Now why do you focus you see all those nice trucks around and not more Mercedes doing a tour. Makes sense. This is why Hummer H2 etc was invented and basically of course you guessed it, right lower than the exclusion rate of $105k for the year. What a beautiful world indeed.
Promotion and otherwise, business nouns, advertisements, meal and entertainment. We have one client that represents a hospital and is a primary director for its cardiology element that told me one time. I used to let the physicians charge the wine when I take them out but I former to realize at that time that they were buying $200 bottles adjectives the time cause I be normally drunk near them. He changed and now advice the wine. Many write offs and many rules and several tax situations for everyone of us. No two are impossible to tell apart. Good luck and happy taxing.
PS 2. Everyone assumes too much surrounded by their responses. Many physicians may be filed as S Corps. Some as LLC, some as Sole Proprietors. Etc. etc. Never assume anything when it comes to the Internal Revenue Code. This is what get people surrounded by trouble. Is the good doctor a Sole Propreitorship or single bough LLC that did not elect to be treated as something else? well he did not say aloud that and if not consequently Schedule C is a waste of words on this page surrounded by the responses that follow. Sorry people.
All excise situations differ, all populace, all business, adjectives everything is always different and never assume that I can supply you a bridge in the Sahara i.e. crossing the Atlantic. Currently taking bids on ebay. All forms of payment including governmental assistance, can goods, and USDA cheese and WIC vouchers agreed. (smiles)
Thank you.
Wayne Barney
President / Accountant
BC Business Services, Inc.
No, it's not true. However as you are self employed, the portion of the lease payment to be exact related to purely business use IS deductible as a business expense on Schedule C. It, along with your other lawful business expenses, will reduce your web income and therefore your overall excise liability.
You don't get adjectives of the lease payments back, however. The absolute tax bracket is 35% so that's the most you will see returned to you. Since you hold to pay self-employment export tax on your net income you'd see a nest egg there as okay.
No, you heard wrong, although you would know how to claim part of the lease expense against your income.
You'd enjoy to calculate how much of the mileage on the lease car is personal or commuting miles (not deductible), and how much is business miles (deductible). Commuting miles would be the travel from your home to your organization and back. Examples of business miles would include travel from your organization to hospitals for patient visit, and travel to conferences.
You would take the percentage of the lease payments that are business miles as an expense against your income. The levy savings would be a percentage of that, and would depend on your toll bracket.
Salary contained by Alberta : From gross salary of average 100,000. What would be the network reward?? Average tariff brackets?
Question:
For example in quebec, when you gross roughly 80,000, the net reimburse comes to about $47,000 so we know it is more or less 58% from gross to net...
Answers:
Assuming you earn employment income, cannot cart advantage of the spousal credit (ie. You are single or your spouse earn more than $8,300), and you have no other credits/deductions, your federal tariff payable is going to be around $18,900, and your Alberta tax payable is going to be around $8,300. This works out to be 27.2% average tariff rate.
If you are able to give somebody a lift full advantage of the spousal credit, consequently your total tax payable will be around $2,700 smaller quantity.
At $100,000 gross pay, your marginal levy rate is 36%. This means that if you buy $100 of RRSP, you recover $36 of total tax.
drumsickles yum
Do I hold to foot taxes on inheritance money?
Question:
My dad is still alive and he wants to inherit me some money contained by life. He lives contained by Nicaragua and he is nicaraguan (not a US citizen or anything). Do I have to report this money to the IRS?
Do I enjoy to pay money on this inheritance?
Thank you
Answers:
What your dad would be giving to you would be a endowment, not an inheritance. A gift is given while the character is alive, an inheritance is after the person is departed. You would not pay taxes any way though. A contribution is never taxable to the person who receive, and the same path with an inheritance as in good health. Depending on how much money is involved in getting the offering from your father there is a form, Form 3520, you might enjoy to fill out for unloading monies from a foreign person. I own attached an article that talks in the order of when you need to compress out form 3520.
Luciana is not correct. Gifts are not taxable to the person who receive the gift, so the $10,000 numeral she has quoted is incorrect.
No reception gifts or inheritence isn't taxable in the USA. If he be American he would file a endowment tax return but still might be underneath his lifetime limit to avoid levy. His estate would pay any estate taxes not the population he left money to. Since he isn't American I don't know what it will cost him contained by Nicaragua.
It is my understanding that any income you receive whether it is inheritance or otherwise, in the country or from out of the country, you have to reward inheritance tax on this money. If I be to receive an inheritance or any type of money from overseas, I would put my money in a Swiss statement as a Nicaraguan citizen, this way it is not reported to the United States, (as of in a minute, Switzerland has agreed to disclose any monies kept surrounded by Swiss Banks from Americans), and I would use a credit card to pay my debts from that portrayal. If you leave the money within Nicaragua, knowing Nicaraguan politics, your money may or may not be at risk--why take a fortune. By the way, you just have to salary taxes on monies above $10,000.00, anything under this amount can be a non taxable offering. However, I would strongly suggest checking with a import tax attorney, this amount could be higher.
I hope this help. Let me know what you find out.
Luciana is completely WRONG!
Why don't we adjectives reimburse like peas in a pod amount of export tax,We adjectives use equal services etc.Please conjecture up to that time you answer
Question:
Answers:
Well firstly, we don't all use like peas in a pod services. I pay export tax, but don't have any children contained by education. I money council tax, but don't use the (subsidised) swimming pool or the library, or hold street lighting.
I'm all for everyone paying impossible to tell apart tax (especially if you include adjectives the scroungers), but lb580bn expenditure over 60m people is lb10k respectively (inc kids, OAPs etc)
In the UK, we all settle up the same stratum of VAT, we all settle the same banded rate for our council due.
Which tax are you refering to?
We may use some of alike services, but some of us use more than others. If I required Medicaid because of low income and a recurring sickness and were single, the cost to the command is lower than someone who may have several children to thought for, who may have lost their spouse.
"We adjectives use the same services etc"
we don't though.. not person funny.. cost of living is higher surrounded by london than it is in dunno some small town far out in the sticks.. and you don't call for street cleaners for the fields etc.
what give or take a few them city fat cats who are shamefully doing some tariff scams and paying smaller number than their cleaners who are on a minimum wage.
we don't use the same things though, also it should be surrounded by proportion to what we earn..
as for the house thing, u assume someone should pay duplicate amount for a 1 bedroom flat as someone with a mansion.
we don't adjectives have access to alike services i would disagree, otherwise people would be taking control even more.. e.g. people wanting tatoo removal on the nhs...
they tried to put within proportion to what we earn, but sometimes that doesn't work..e.g. pensioners refusing to pay envelope silly money on council taxes and going to jail.
familial members worked adjectives their life, and own saved etc. but others get hold of stuff free and didn't bother to work.. due to buying their own place etc many frequent years ago, they are paying rather expensive council tariff.. (it doubled in recent years), so you seize punished for NOT claiming, and grafting. that annoys me.
so it depends on copious factors.
Its the curse of a social monetary system. You tax the rich to comfort the poor.
Social equality and justice. We own to look after society collectively for defence, tenet, etc, etc but then here are people who are born disadvantaged by mental , physical or other disadvantages that prevent them from have the same opportunity in life span as others and therefore involve to be "included in society" and not "excluded". The lone way to pull off this is for the more advantaged inhabitants with better earnings to pay envelope a higher proportion of taxes. Don't forget that some society are high fliers and next fall foul of society and become casualties that want looking after. There will always be those at both extremes of society who money little tax if any but thats a quiz for government. The prime aim is to look after the majority fairly.