Ravenwood - 05/10/05 07:30 AM
KdT reports on another fantastic idea, even if it doesn't stand a chance in hell of being passed. Imagine if people actually had to sit down and write a check for their income tax payments.
-- Rep. John Hostettler (R-IN) is looking for supporters to co-sponsor the Federal Tax Withholding Repeal Act of 2005, which would repeal the law allowing the federal government to withhold federal income taxes and social-security taxes. Instead, this bill would implement a system in which employees would make quarterly payments to the federal government. (And wouldn't that quarterly check-writing experience be an eye-opener for the American taxpayer?)Federal withholding is primarily responsible for the lack of tax outrage in this country. When the ignorant masses apply for jobs, they don't care how much their actual salary is, they only want to know what their "take home" pay is going to be.
There is also a large contingent of taxpayers that view their tax refund as a good thing. Ask them how much they paid in income taxes last year and they say something like, "I didn't have to pay anything. I got money back!"
People like that shouldn't be allowed to vote.
Category: Left-wing Conspiracy
Comments (4) top link me
I've thought that was a good idea for a long time. It's also sad if you ask 10 people what they make, 9 will tell you their take home and not the full amount less taxes.
Posted by: SayUncle at May 10, 2005 8:22 AMSome pay the entire year's estimated tax with the first payment on Apr 15, just to avoid having to remember Jun Sep and Jan 15th's. A hassle factor. If you give up earned interest, it's taxable earned interest, remember.
Pretty radical thought, but I like it. Hey, at the same time how about moving the National Elections to April 16.... ?
http://grampapinhead.blogspot.com/
Posted by: GrampaPinhead at May 10, 2005 3:27 PMwhile you're imagining how hacked off Joe Sixpack would be when he finds out how much money Uncle Sugar takes from him, imagine how angry he's going to be about having to wade into the morass of tax law 4 times a year instead of just once.
Posted by: Heartless Libertarian at May 11, 2005 1:30 PM(c) Ravenwood and Associates, 1990 - 2014