I think the only way we can get everyone to demand a reduction of income taxes (and government waste) is to abolish tax withholding
One thing that baffles me is how unaware people are of who is paying for all the government programs. I was having a conversation at work and people with children were excited for both the idea of “the government making college free” as well as the idea of “the government paying for childcare”. I don’t think there was a single instance where they realized we are the ones paying for that. So I started wondering why are people so disconnected with reality, and then it hit me: Tax Withholding.
It’s so annoying how I keep seeing people every year get excited to get a refund, and I think it’s because they never saw the money in their accounts in the first place so they think they got money instead of seeing how much has been taken. Plus, the fact that you get penalized when you end up owing taxes at the end of the year adds to this disconnection since it incentivizes that you plan for a refund.
So what would happen if people got their full paycheck every month, and then they got a tax bill the next year?
- Millions of people would see, probably for the first time, how much money (that they could’ve spent on their families or saved) the government is taking every year from their bank accounts, and they would be upset.
- Millions of people who spent more money than they should have during the year would be suddenly scrambling to make some extra cash to pay that bill, and they would be even more upset.
This would also help those who are campaigning on a “reduction of taxes” platform, since I imagine a lot of people are so disconnected that this doesn’t even click with them. Now, to get the full effect, make the taxes payment due date a few weeks before election day.
I know I’m probably preaching to the choir here, but even for people who are pro big government this should be an attractive idea. After all, they claim that we all agree that taxes are necessary to have a civilized society, so this would be a great way to test that hypothesis: How many people are really in agreement with that statement once they actually see their bill?
Now we just need to find someone in Congress who would drive this change.. or am I totally wrong on this?
Article from r/Libertarian: For a Free Society