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All the more reason why everyone should be forced to do quarterly estimated taxes (like 1099 or non W2 workers do) instead of having the amount automatically wi
by briHass 3y ago
All the more reason why everyone should be forced to do quarterly estimated taxes (like 1099 or non W2 workers do) instead of having the amount automatically withheld every paycheck by the payroll system.
Having the money 'in your hand' and then having to write a check for thousands of dollars feels much different. The guillotines would appear quickly.
- lazide 3y agoThat’s why it doesn’t happen, obviously. The entire roll out of the first federal income tax in WW2 was designed to be ‘invisible’ to your average American exactly because of the guillotine concern. And it still widely works - queue all the folks happy about ‘getting their money from the gov’t’ in the form of their tax refund at the end of the year.