Business Checks

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Archive for July 9th, 2009

Who pays taxes – and how much?

posted by Happy Business Guy @ 10:07 PM
Thursday, July 9, 2009

The federal tax burden varies widely across income groups, but a surprising number owe little if anything in income taxes.

chart_federal_tax3.gif

100-day scorecard

NEW YORK (CNNMoney.com) — For most Americans, Wednesday is the day they have to make sure they’re square with the tax man.

It’s also a day that focuses the mind on those perennial questions about the fairness of the U.S. tax system. Are higher-income people paying enough – or would raising their taxes depress their incentive to work? Are the poor getting gouged – or do too many get off without paying a penny? Are those in the vast middle getting squeezed?

The questions are particularly relevant these days, as deficits pile up, demands for government spending soar and many of the past decade’s tax cuts near their expiration in 2010. Business taxes brings in more tax money than personal taxes. Business need to have a business checking acctount for taxes. Buy more checks in bulk, so in the long run, you will have cheap business checks that will save the company money

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