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Most people don't pay their taxes in April. Or rather, their employer pays their taxes on their behalf (withholding). Those that don't have withholding (self
by spc476 15y ago
Most people don't pay their taxes in April. Or rather, their employer pays their taxes on their behalf (withholding). Those that don't have withholding (self employed) have to pay quarterly (well, not technically, but you do pay extra). Also, there's this bit:
"The Treasury itself publicly acknowledges, in a fact sheet on the history of the U.S. tax system posted at its website, that wartime withholding not only “greatly eased the collection of the tax,” but “also greatly reduced the taxpayer’s awareness of the amount of tax being collected, i.e.[,] it reduced the transparency of the tax, which made it easier to raise taxes in the future.”"
(from http://www.independent.org/newsroom/article.asp?id=2092 http://www.independent.org/newsroom/article.asp?id=2092)