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[–] 46 points 1 year ago (7 children)

If they actually do this there needs to be a nation wide denial of tax payments. People should just straight up not pay in large enough numbers that they can't prosecute everyone.

I know it will never happen and we'll just be mandatory piggy banks for Intuit, but it's nice to dream...

God I hate this country.

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  • [–] 24 points 1 year ago (5 children)

    there needs to be a nation wide denial of tax payments

    Nearly 10% Of S&P 500 Companies Paid No Tax in 2023 — Including Tesla

    Way ahead of you!

    People should just straight up not pay in large enough numbers that they can’t prosecute everyone.

    For the vast majority of salary earners, taxes are collected at the point of wage payment. You fill out a W-2 when you are hired and your employer sets aside a percentage of your income based on your anticipated tax debt. This often results in over payment, at which point taxpayers file returns to recoup the balance.

    For instances in which a taxpayer owes on their return and fails to pay the balance, the IRS can simply order the employer to zero-out exemptions on the W-2 and recoup the excess due over time plus a penalty. Alternatively, they can file with the courts to garnish wages in excess of the W-2, put liens on property, and seize unprotected assets.

    This is incredibly easy for the professional legal and prosecutorial team at the IRS. It is comparatively much harder to resist by individuals - even in large numbers - without comparable legal firepower. Your employer is almost certainly not going to assist in tax avoidance, as that exposes the company to legal liability.

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  • [–] 10 points 1 year ago (4 children)

    You can absolutely fill out your W2 to have no withholdings taken out of your check. I know people who do this and put the money in a high yield savings or investment account.

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  • [–] -3 points 1 year ago (2 children)

    You can absolutely fill out your W2 to have no withholdings taken out of your check.

    And your HR department can reject it, then tell you to fill it out correctly.

    I know people who do this

    You're either gullible enough to believe some Sovreign Citizen tier liars or a liar yourself.

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