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That's the entire point though. Those people presumably vote on tax policy, and have zero clue what they pay. If the majority of the country were constantly b
by phil21 8y ago
That's the entire point though. Those people presumably vote on tax policy, and have zero clue what they pay.
If the majority of the country were constantly being hounded by government tax collectors for being past-due, there would be very little political support for raising taxes in the future.
Right now it's an imaginary percentage the vast majority have no clue of. Ask 10 people in various social circles in your life what their all-in tax rate is. Almost zero will know, and those that think they know are often wildly wrong.
- mises 8y agoThis isn't pleasant, but it's true. It wouldn't take many tax cycles of widespread IRS debt for average people to start pushing for lower taxes. It also might make people realize that 44% of Americans pay no income tax (source: https://www.marketwatch.com/story/81-million-americans-wont-pay-any-federal-income-taxes-this-year-heres-why-2018-04-16 https://www.marketwatch.com/story/81-million-americans-wont-...). Even accounting for children, that's a lot of people not contributing. It doesn't have to be a lot, but the average American will care a lot more about politics and about frivolous uses of their money when they've got some skin in the game. For reference, the average American taxpayer pays over $10k in taxes (https://www.usatoday.com/story/money/personalfinance/2017/10/07/a-foolish-take-how-much-does-the-average-american-pay-in-taxes/106237216/ https://www.usatoday.com/story/money/personalfinance/2017/10...), which is roughly a 14% rate by the same source. How crazy is that? Americans will be much more willing to push for massive tax cuts after they realize that $10k is being stolen from them every year.