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re: How are the results of your tax returns coming along?
Posted on 4/9/24 at 7:43 am to Loup
Posted on 4/9/24 at 7:43 am to Loup
quote:
know that means that my withholdings were correct throughout the year but when I see how much I paid and think about how much easier my life would be if I had that money I get pissed AF.
The world would be a better place if withholdings were not a thing and we all had to write gigantic checks in April. Taxes and rampant government spending would get fixed with a quickness
Posted on 4/9/24 at 8:03 am to DownshiftAndFloorIt
quote:
The world would be a better place if withholdings were not a thing and we all had to write gigantic checks in April. Taxes and rampant government spending would get fixed with a quickness
Nope, not happening. Wait till you’re retired and have to make quarterly estimated tax payments for being considered self employed. Depending on investments payments can fluctuate wildly (mom gets a refund this year that covers this year estimated taxes in full and a substantial cash payment to her because previous years income was so much greater).
Point is, with so many retirees making substantial quarterly payments and not a single one demanding changes for several decades now, don’t look for any serious complaints to start.
Posted on 4/9/24 at 7:19 pm to DownshiftAndFloorIt
quote:
The world would be a better place if withholdings were not a thing and we all had to write gigantic checks in April
Automatic withholding should be illegal.
People should have to stroke a check to the government every month (and every adult pays - even if it's only $100). You bet you arse people will start caring about taxation and spending.
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