Posted on 02/15/2009 11:52:47 AM PST by Mad Dawgg
This Thread is to bring together Freepers to institute a legal way to Starve the US government of our Tax Dollars. Please add any and all suggestions to this thread for legal ways to STARVE THE BEAST!
Spread the Word to your Non-Freeper Friends. Show people how to keep more of their hard earned money and get more back from Uncle Obama.
OK so here goes:
So you feel like its all hopeless. You feel the inmates are in charge of the asylum.
Yeah its bad BUT there is something we can all do. AND it benefits yourself WHILE putting it to the looters in Washington.
First understand that the engine that drives Liberalism/ Socialism is taxpayer money. Without it they can't do all the crap they wish to.
So the first thing to do is strangle the dollars going to Washington on a weekly basis.
How you ask? Its simple really. Contact your employer and change your withholding on your W-2 Forms. Claim more dependents. This takes less out of your paycheck to send to Washington. (I suggest you claim one or two more than you actually have.)
Take that extra money per pay period and put it in a local bank in a Savings or Money Market account.
If at Tax Time you then owe some back you have it in your savings and you have made money on it rather than giving Uncle Sam a tax free loan on your money.
The next thing you can do is turn a hobby or interest into a legal side business and use it for more tax deductions. (Contact your accountant on the particulars on how to legally do such)
One of the benefits of turning a hobby into a side business is you can take a holiday vacation and legally turn most of it into a tax deduction.
And Change those W-2s and STARVE THE BEAST!
Buy online to avoid sales tax.
Excellent!
Give as much as you can to your church. It gives you a tax deduction and pisses off the atheists who are running our government now.
Don’t buy smokes. They are depending on this tax to cover the new health program.
Considered increasing my deductions, but there will be penalties if you've had less withheld than you "should", even if you pay the whole bill in April.
I guess they use some percent difference between what you owe and what was withheld.
I'll be watching this thread for other ideas, for sure.
Work1099. Only a out 20% of people file w9s on you. The rest is tax free!!! Wait until after april15th. File an extension. Then call IRS to find out who reported. You’ll be pleasantly surprised. Only about 20% of flkz report 1099 employees. You can match those returns and save thousands.
If you can still afford a vacation, be sure to go to a Red state. South Carolina has many wonderful vacation spots. So does Texas. Do NOT go to New York City, Chicago, Las Vegas, or San Francisco under ANY circumstances.
New York just “assumes” we bought online - to the tune of $65 sales/use tax based upon our income... I wonder if I could prove that I didn’t have a computer to buy online? (This was actually the explanation I got when I called about this “assessment” of my refund.)
Doesn’t work in Michigan. They want the “invisible” tax, too.
Ahhh OK, then take as many as you have and no more. I am told by my account many folks take less than they are allowed so they get money back at tax time.
Rush used to call that “defunding the left” during the Clintoon years.
Do you have a link for the source of that info?
That’s not going to last long. Sales tax is already the buzz on Ebay.
Go to Craigslist. Barter.
Stock up on anything that you might need within the month, then resolve to buy as little as possible that is taxed. You need the gasoline and electricity, do you need new shoes? Or a latte in the morning?
Drop your landline if you have a cellphone. Tons of taxes paid on that. Go Skype for a landline. I think it’s still tax free.
Many of us retirees can just cut back on spending and reduce tax producing withrawals from our depleted 401k’s.
You young’ens can increase your tax deferred contributions to 401k’s and ira’s.(good strategy even now).
Some retirees start working in the black economy..or barter economy. 50% of the illegals work black economy..why shouldn’t we?
Keep your old car. Why pay a big sales tax and big registration in states like CA.
Buy all kinds of used stuff to avoid new sales tax.
Some have to do these things to survive..others can help starve the beast(especially CA).
You have to remember that the tax code as it is today, has very little to do with money and revenue and everything with giving government the ability to reward and punish behavior. There are many things that the government could do to reduce their control over the public AND increase revenues but the career political class, Democrats and Republicans alike, will never make that sacrifice. The reason they went to Washington was for power, not problem solving.
If you live in a Democrat-run city or county and have a mortgage, ask your lender to stop escrowing your property taxes, and then put the money in a CD and delay paying the tax as long as you can. A local real estate agent tipped me to this one. She said our township is terrible at collecting unpaid property taxes and often takes over a year to do it.
I think it has to do with what you actually pay regarding taxes....not what’s on your W-2 regarding dependents. You end up paying what you honestly owe. I know one tax prep guy who has recommended it.
Isn’t this illegal as well?
magic jack is good too. One payment per YEAR I have one it works very well
to:(Claim as many dependents as you are legally allowed).
Thank you very much.
Mad Dawgg
Yeah. Smokers could really stick it to them. Yall were selectively taxed. When they have to go after something else...raising gas tax, soda tax etc. more people will pay attention.
And don’t get a Roth IRA, where you pay taxes going in, even if your tax bracket is low.
Above all, don’t buy government debt. If you own any debt already, sell it. This will hinder the government’s future ability to fund their spending with borrowing.
yes we were. My dad and I are buying LOTS before the tax goes up.
YARDSALES! Go to yardsales. This will help your neighbors with a little extra cash AND it’s tax free.
If you’re from NY state they add it on to the bill, at least Amazon did.
The government already is starved of revenue - we are currently running a $1.2T deficit for this year. And we are about to spend $800B that we don't have. So why do you think reducing tax revenue will make politicians act differently than they do now?????
Yeah. Smokers could really stick it to them.Yet another good reason to go through the hell of quitting...
I have canceled a vacation to Boston and Maine. I threatened the ditzy senators, now I've followed through.
My apologies to freepers from Maine, but it was my only leverage.
95% of my purchases are already there.
I suggest everyone start a financial journal. Just get a large spiral. Write down everything you spend each day, including how much tax you paid. Include mileage and staple the receipts. Then look at it every evening and think about where you can cut back or alternatives to reduce taxes. JAT
Because they are secure in the notion most of the Tax Paying Public will continue to pay more than they owe.
If the Deficit continues up it will goad more people into realizing Obama is not the answer to our problems but the cause, and he will be a one term President! AND even if it doesn't at least Tapayers will keep more of their money.
Do you have one?
I wondered about those.
Thanks!
We all have to be responsible for our own health. I have kids that I wish would quit but I wasn’t posting to smokers to stop. That is an individual choice. I was just recomending that you look at alternative ways to avoid this tax since Schips (ms?) is going to be paid for by yall.
Correct, but if you are handy with math and careful, you can work it to just under pennies owed before penalties. Additionally, you can do the same thing with extensions. The point is to try - to absolutely minimize the regular tribute to tyranny. Another is to apply for every benefit, grant, etc. whether you know you don’t qualify or not. Every minute a government automaton spends denying your application is a minute lost to a habitual user’s application.
Good Idea! Also Create a Budget!
Nice try but I’m not buying it.
I quit smoking about eight years ago. Knowing what I paid for a pack of cigs then and how much the taxes have increased since then, I’m very glad I did.
I smoke - I finally convinced my daughter and son-in-law to quit (smoke free for 3 years). I played on every low down trick and sympathy in the book and reminded them about what they’d have to confront with their three daughters. Me, I’m hoping I cost the new O’ministration healthcare system a shitload in treatment costs.
That is so true. Most of us would like to think that the objective of the Tax system is to raise funds for the operation of Gov’t. I think that is an objective but it is secondary to that of manipulating our behavior and enslaving us to the system by imposing the requirement to comply with this broken system.
I was talking to a friend the other day about this. After looking at the Stimulus Bill I had to ask them to name one facet of our lives that is not indirectly or directly impacted/controlled by some level of Gov’t. They had an awakening at that moment since virtually every aspect of our life is controlled by the power hungry Politicians (of both Parties BTW).
The Tax mechanism is probably the most pervasive invasion of our freedoms there is. Virtually every aspect of our lives is either reinforced or, more likely, deterred, by the artful use of the Tax mechanism to either reward or punish behavior.
In the process the Gov’t nor only manipulates our behavior, it also imposes a tremendous burden on us in complying with all of these arbitrary regulations.
/vent!
No Problem, the nice thing about a movement such as this is that if you don't believe in it you don't have to participate in any way.
Good Luck to you!
Yes I do have one. It works quite well and has all the bells and whistles included.
“Your idea, while it sounds O.K. is illegal, the Gov has already taken care of that ploy, and has made it illegal to overclaim dependents. Check with your tax preparer.”
I haven’t been a w-2 employee for 7 years, but my recollection is that you have the idea mixed up. It is illegal to overclaim dependents on your tax return.
However, for the deduction number you give your employer, you do a worksheet. The worksheet gives you a final number and that is what the employer uses to figure out your withholding. The worksheet itself is not something you file. Furthermore, the number your provide has no bearing on your actual tax burden. It just changes your withholding amount.
Most people should adjust their deduction number anyway, and don’t. If you have a mortgage, kids, etc.
My idea is that those of us who file quarterlies should severely underestimate our income and send very low amounts. The penalties are very small compared to the money you get to hang on to while you wait for April 15.
The last idea in the write-up is good and bad. Yes, a s-corp can give you more deductions. At some point you have to show some income or you will be naked to an audit. Also, there is a lot of chatter that the lawmakers want to make all dividends taxable as wages for service based s-corps. Doctors, lawyers, IT, accountants, etc... we’ll all have to grease up.
Anyone have a Ping list that would fit this thread/ Maybe something Like Galt’s Gulch or Atlas Shrugs?
Avoid unionizing your business by “Adopting” employees
as owners.
I really don’t know anyone on here personally (although I’d love to), but I’m sure someone will run across this thread and start pinging people.
givemeliberty.org/
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