Blowing your tax returns thread 2017

Recommended Videos

Addendum_Forthcoming

Queen of the Edit
Feb 4, 2009
3,647
0
0
WolfThomas said:
This confused me because in Australia we don't have separate tax and federal taxes, you don't have to report your last year's refund here.
Nope ... tax refunds and formerly lottery/gambling profits neither, I do believe. The only time you can say your tax returns and discounts are taxed 'twice' is if you mobilized them into capital assets. Which, you know ... makes sense, because last thing I want is government PIs sifting through your paperwork to see exactly how you spend money.

I mean, arguably you're taxed twice given if you spend money you have to pay VAT/GST/etc on goods and services, but ditto above. Albeit regressive taxation like GST is wrong enough on its own and merely a wayto shift debt burdens to those who already suffer the least economic mobility ...
 

TheMysteriousGX

Elite Member
Legacy
Sep 16, 2014
8,580
7,215
118
Country
United States
My car basically exploded due to the month of sub-zero (Fahrenheit) temperatures. Needed a new fuel pump, heater core, and radiator.
 
Sep 9, 2007
631
0
0
Mine will either be going into a savings account to help pay for something bigger down the road or help pay off the mortgage on my house. Its boring, I know but there's nothing really on my radar that I can't afford with my current income.