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...
this post was submitted on 23 Feb 2025
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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.
Out of curiosity, were you of voting age in 2016?
Yes, and I voted for Hillary, for all the good it did.
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
Taxes are not the problem. Billionaires grabbing the money on the other side are the problem.
Know the difference
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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(9 replies)
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.
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.
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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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.
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What a bizarre system. Tax should be taken from your payslip. There should be no need for the individual to figure out anything, unless they are self employed.
They do deduct taxes from your paycheck. Basically once a year, you have to true up and figure the exact amount you should have paid. If that's less than what was withheld, you get a refund.
Well plus there are taxable events that aren't on your payslip. If you sell goods over a certain threshold. If you get a taxable distribution from an investment account. Etc. Edit: also the IRS doesn't know about what you have that's eligible for deduction.
It is taken from the payslip. But then they have us verify what they already know and if you make a mistake you're punished for it! It's bullshit.
I want so bad for the US to do it the way every sane country does it; they just send me a thing so I can make sure they're accurate and only need to take action if they fuck up.
You can thank Intuit, the company behind TurboTax, for making taxes as difficult as possible. They spend a lot of money lobbying to make filing taxes more difficult.
Income tax always struck me as a deliberate way to make your average joe hate taxes when they could, very easily, be calculated at time of payroll without you ever being shown the “pre tax” amount.
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