Eric Felton writes in this Wall Street Journal piece that by making taxes and fees less visible, it makes it much easier for those taxes and fees to be raised.
I began advocating when I entered the profession more than a decade ago that if payroll withholdings were eliminated without any other change to the tax law, there would be another Boston Tea Party. That is, if working Americans had to physically write a check at the end of a pay period and submit it to the government, those people wold be so aggrivated that politicians would no longer be able to treat the tax code the way they do and still hold office. Ironically, as it turns out we have a tea party movement but still have withholdings. Maybe some of those Americans who are fed up with the current levels of tax and spend policies from both parties will finally see some results.
The next time you are irritated at how inefficiently government operates just look at your most recent paystub.
I began advocating when I entered the profession more than a decade ago that if payroll withholdings were eliminated without any other change to the tax law, there would be another Boston Tea Party. That is, if working Americans had to physically write a check at the end of a pay period and submit it to the government, those people wold be so aggrivated that politicians would no longer be able to treat the tax code the way they do and still hold office. Ironically, as it turns out we have a tea party movement but still have withholdings. Maybe some of those Americans who are fed up with the current levels of tax and spend policies from both parties will finally see some results.
The next time you are irritated at how inefficiently government operates just look at your most recent paystub.
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