29 August 2002
Let me tell you how it could be
"Withholding tips the scales against the taxpayers, and in favor of government....Withholding not only makes it easier for the government to collect taxes, it makes it easier for politicians to raise them. That's because you never see the money that's withheld from your paycheck. You never need to notice that gaping wound in your bank account once your tax check has cleared. What's more, tax increases are spread out over 24 paychecks, which softens the blow to taxpayers, making tax hikes more politically palatable."
Not all of us get paid twice a month, but the point stands. I would hate, of course, to write one huge check in the spring, but if the government can be forced into fiscal discipline, well, so can I. Now, while we're on the subject, can we throw FICA into the mix?
(Muchas gracias: Hanah Metchis at Quare.)