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I think the point is they don't want Americans doing the math of taking their gross earnings and subtracting a percentage of it and being reminded of the specif
by cmdrfred 9y ago
I think the point is they don't want Americans doing the math of taking their gross earnings and subtracting a percentage of it and being reminded of the specific percentage of tax paid and gross taxation every quarter. Taking it from each paycheck quietly is a softer blow than all at once.
- desas 9y agoDon't Americans get pay slips which state how much they earned gross, how much tax & social security they paid (in dollars) and much they earned net?
- lutorm 9y agoYes but that's just how much is withheld, not your final tax amount.
- desas 9y agoFor most Brits, most of the time they're one and the same - the taxman will tell your employer your tax code (= your tax free amount) and it's usually the same offset from standard each year. From this thread it appears that American taxes have more complicated rules.
- caseysoftware 9y agoIt would be fascinating to change Tax Day from April 15th to the first Monday after the Federal election in November. I'm not willing to predict the results but it would cause some interesting debates.. imagine everyone being in the middle of their taxes when they cast their votes.