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No. The gov't would just borrow against the expected revenue windfall in April. The problem is that people wouldn't save enough money to pay their taxes and wo
by harryh 12y ago
No. The gov't would just borrow against the expected revenue windfall in April.
The problem is that people wouldn't save enough money to pay their taxes and wouldn't be able to pay. It's the same reason your landlord expects you to pay monthly and won't let you pay yearly.