A perfect world would have people writing a check for their entire annual tax just before stepping into the voting booth.
A perfect world would have people writing a check for their entire annual tax just before stepping into the voting booth.
That would definitely be a horrible idea. No, I won't vote for drivable roads because I just payed my taxes, potholes be damned. And afterwards complain about the potholes anyway.
I’m saying those that do pay taxes should have the totality of the amount of their income that is going to the government in mind when they head to the polls.
I honestly think the issue would instead be people not wanting to pay for the public service pensions for the former pothole-fillers.
I don’t think that will accomplish what you expect.
One of the main reasons conservatives and libertarians want filing to be hard is to confuse people into thinking the income tax hurts them, when in reality it benefits many of them.
You do not get a net payment. You paid your taxes throughout the year every paycheck. Your employer likely files quarterly.
At the end of the year, if you tally up your taxes and figure out you’ve given too much of your money to the government, you get some of your money back.
It’s called a refund. Not a payment.
I’d put those ongoing taxes throughout the year into the bucket of “shadow taxes” GP refers to. I suspect many people do not view their refund checks as a no interest short term loan they floated to the government. Their refund check came from their paycheck.
Every tax form I’ve ever filled out has an instruction like:
> Enter the lesser of lines X and Y
when applying deductions and credits to prevent them from exceeding some value.
I’m surprised to learn that the EIC isn’t clamped like this.