I have been saying this for a long time: if there were no withholding for income taxes, or no mortgage impound accounts for property taxes, so that everyone who pays those taxes had to write a check to the IRS or the county treasurer annually, or even quarterly, I guarantee that public attitudes toward those taxes would change. There would be much more scrutiny given to how much government costs and how tax money is spent. There might even be an open revolt against the way government finances currently work. I have wondered why this subject is rarely mentioned in discussions about tax reform.
A paper was presented yesterday at UCLA on the history of tax withholding and how it came to be so accepted that, as the author of the paper recognizes, it is rarely even questioned anymore. I’m glad someone else is at least asking that question.
0 Comments
Leave a Reply. |
AuthorThe contents of this blog, this web site, and any writings by me that are linked here, are all my personal commentary. None of it is intended to be legal advice for your situation. Archives
November 2023
Categories
All
|