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Having the government just send you a yearly "bill" showing your total taxes already withheld, calculated tax owed, and the balance, which you then start from t
by zerocrates 6y ago
Having the government just send you a yearly "bill" showing your total taxes already withheld, calculated tax owed, and the balance, which you then start from to file extra deductions or whatever, seems more effective to me in that sense than the current system. The average user of TurboTax or whatever really only sees or pays attention to their refund/shortage number and not the actual amount of tax paid.
The current system feels more calibrated so that people have a negative association with the IRS, rather than being well-informed about how much they're paying.