this post was submitted on 23 Feb 2025
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[–] [email protected] 23 points 5 hours ago (1 children)

It's very hard to find the motivation to pay taxes to a federal government that doesn't represent me. "No taxation without representation" drove the revolution against our original king after all...

[–] [email protected] 8 points 3 hours ago (1 children)

Now that it's clear the Federal government is just using tax money to give to billionaires, it's going to be extra painful this year. It genuinely just feels like a protection racket now. Pay money to the ruling class, or their enforcers will haul you away to prison.

[–] [email protected] 2 points 3 hours ago (1 children)

Out of curiosity, were you of voting age in 2016?

[–] [email protected] 2 points 3 hours ago

Yes, and I voted for Hillary, for all the good it did.

[–] [email protected] 8 points 7 hours ago

I ended up owning $38

fucking win! I'm not going look at the total paid in thought, it's much much more than $1.2k

[–] [email protected] 82 points 18 hours ago (10 children)

Taxes are not the problem. Billionaires grabbing the money on the other side are the problem.

Know the difference

[–] [email protected] 1 points 1 hour ago

The people most capable of carrying the tax burden are the people most likely to cheat their way out of paying taxes.

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[–] [email protected] 21 points 16 hours ago (5 children)

Isn't it actually better to owe rather than have a refund? Because if they owe you, then that means they over-withheld from you paychecks throughout the year and its essentially the government borrowing money from you without any interest.

[–] [email protected] 1 points 5 hours ago

They do give you interest, but it's not as good as you can get from investing it elsewhere. And if you owe student loans, they can yoink your return before you were otherwise going to pay the debt.

[–] [email protected] 12 points 10 hours ago (8 children)

In the Norwegian tax system, if you pay too much taxes trough the year from your paycheck, you get interest on the amount you paid to much. Likewise, if you pay too little taxes throughout the year, you will have to pay interest on the amount you have yet to pay. So the system is supposed to be balanced in that regard. The interest is on the level of a savings account (3.51% annual atm), so you could make an argument that saving that in a index stock or good bond is a better ROI though, so still recommended to try to not pay too much during the year.

[–] [email protected] 3 points 5 hours ago* (last edited 5 hours ago)

The US federal government pays interest. The interest rates are quarterly.

I got paid interest on a tax correction & the rate was pretty good: over 5.5 APY, better than a high-yield savings account. I'll owe taxes on it, though.

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