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Our government does the same thing. "Tax witholding" means that I lose out many months of arbitrage. I could have invested that money, saved it an gotten inte
by big_chungus 7y ago
Our government does the same thing. "Tax witholding" means that I lose out many months of arbitrage. I could have invested that money, saved it an gotten interest, done any number of things. Tax day is once a year; no one ought to pay before then. It's a nasty trick to hide just how much people are paying from those who can't afford fancy financial advisors.
- esoterica 7y agoWhy do you think you are entitled to not pay a cent before tax day?
- bin0 7y agoIt's my money, why do you think the gov't should get it early? You're coming at this from the wrong perspective.
- esoterica 7y agoEarly compared to what benchmark? You’re treating as axiomatic the idea that your taxes are only “supposed” to be due on tax day, which is not grounded in tax law at all.