Can you give a good reason in support of tax deductions?

I am talking about deductions, credit, write-offs and all other items in the tax code that let some people and corporations pay less at the expense of others. This kind of tax coded strikes me as social engineering on a large scale.

I support making the first ,000 in income tax free with no the deductions for anything else, this way the poor are not hurt.

Can you make some good reasons why someone should have to support the choices of others at their expense?
Grandma Zaza: Why not just tax all business less but have no deductions, this way it balances out.
Mrs C.: They pay less at the expense of other businesses

How big of a tax deduction do you get?

How big of a tax deduction do you get after donating clothes and other things to the Salvation Army?
And it works for your income tax too right?

Is there a tax deduction for the purchase of a home in 2008?

We purchased a home in Aug of 2008, we’ve already filed our income tax for 2008. Were we suppose to get an 00.00 tax deduction because of the purchase or some type of loan of that amount?

Can this work as a tax deduction?

If I do a website for a non-profit org that costs like 11k. They pay me for it.
Then I donate 11k to them within that same year. Would that 11k be considered a deduction?
Would this be allowed. I understand the the 11k they give me is subject to income tax. But I just want to know if I donate back to that same organization that it would be ok and legal. And that I would get whatever deduction allowed.

Self employed family of 4, no deductions. How much do I have to earn to realize 10k tax credit?

I have a 10k tax credit for solar. I realize I can spread over 2 years, but how much do I have to earn before I would owe 10k in Fed Income Tax?
So if I earned that 95k I would not owe income tax but I would owe 17.5% self employment correct?

income tax deductions?

there are some stuff that you can claim when you file your income tax. for example i am a delivery driver and i saved all my gas receipts and car maintenance and the total is ,400. do i get credited for the whole thing or just percentage of it? thanks
its either you claim your mileage or gas receipts and maintenance.

is 5000 c$ per month Gross (no Tax deductions) good enough for family 4 persons to live in Calgary, Canada?

Kindly break down the expenses like
1-apartment rent
2-Accommodation running cost like electricity/ air conditioning…etc.
3-food
4-income tax
5-Insurance
6-Transportation.
7-Other expenses
Please add any other expenses might not mention above.

Thank you in advance for your cooperations.

Regards
bond

Question about tax deductions?

Hi. I’m only 18 years old so I don’t know much about tax and stuff. I got my first pay check today after one week of work. I was suppose to be paid 00 before tax but I lost 25% of that money through deductions. Is income tax suppose to be that high??? 25%??? Or do you think there is some mistake?

Why can’t Dads get child support deductions on income tax?

Dads pay child support, health and dental care for there children and can’t deduct anything off there income tax. Yet, the ex-wife and her new man can deduct the Dad’s children on there income tax. What is going on here? MEN something has to change with this!

In Singapore, are Singaporean tenants (i.e. renting an apartment or a room) entitled to any tax deductions?

Rental eats up quite a portion of my income. Now I have to file my income tax but I can’t find the right category to file my rental expenses… please help.