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STARVE THE BEAST: How to GO GALT and Avoid Paying Taxes (Without Moving or Quitting Your Job)
Reaganite Republican ^ | 08 November 2012 | Reaganite Republican

Posted on 11/08/2012 2:30:56 AM PST by Reaganite Republican

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To: Mad Dawgg
It won't change your overall tax burden. If you owe taxes you'll just pay them on April 15th instead of early.

Not true. You have to pay a penalty if you owe too much at the end of the year.

http://www.irs.gov/taxtopics/tc306.html

151 posted on 11/10/2012 5:05:53 PM PST by Drill Thrawl (We have crossed the line from independence & liberty to dependency & servitude. We are doomed)
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To: Washi
Don't most of us pay federal taxes by way of income tax?

You would be surprised at how many taxes and fees exist along with the income tax. Income tax only makes up 50% of federal revenue. Alcohol, tabacco, fuel and transaportation are just a few of the many examples.

http://www.ehow.com/about_5047991_federal-excise-tax.html

http://www.ehow.com/list_6575637_list-federal-excise-taxes.html

152 posted on 11/10/2012 5:10:28 PM PST by Drill Thrawl (We have crossed the line from independence & liberty to dependency & servitude. We are doomed)
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To: Chipper
I know the investments will likely be dropping over the next 4 years, but it should decrease my taxable income.

But consider that with mister tax and spend more the rate you pay in the future may be higher than the rate you pay now. I'm not saying you should or shouldn't just consider the implications in both directions.

153 posted on 11/10/2012 5:13:32 PM PST by Drill Thrawl (We have crossed the line from independence & liberty to dependency & servitude. We are doomed)
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To: Drill Thrawl
"Not true. You have to pay a penalty if you owe too much at the end of the year."

Try reading the entire post and then respond without cherrypicking phrases. They key word here is "legally."

154 posted on 11/10/2012 5:27:47 PM PST by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: Mad Dawgg

Don’t be a jerk. I was just passing along what I thought would be some useful info.


155 posted on 11/10/2012 6:53:05 PM PST by Drill Thrawl (We have crossed the line from independence & liberty to dependency & servitude. We are doomed)
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To: Marylander

Well, I’ve already gone “galt” as they say. I have a ten-year-old car,and luckily have a son-in-law who is a mechanic with a dealer of the same kind of car I have. It has 225,000 miles on it, but runs like a new one. I have another son-in-law who is a commercial appliance repairman, and another son-in-law owns a bread route and I get my bread from him, and my son is an electrical engineer. I think I’m covered! I sold my house and moved in with my bachelor son, and we help each other with the expenses.

I don’t go to sit-down restaurants where I would have to leave a tip. We don’t have cable TV. I never go to movies. I never go to Starbucks. (I own a Keurig and always get my coffee pods on sale - about 50cents a cup). I get my hair cut about every two months at one of those discount shops, and I patronize the local Dollar Store.


156 posted on 11/10/2012 7:53:46 PM PST by MondoQueen
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To: Reaganite Republican

please add me to your list


157 posted on 11/10/2012 9:49:49 PM PST by ResisTyr ("Resistance to tyrants is obedience to God " ~Thomas Jefferson)
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