Incidence of payroll-deducted taxes

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Article #468

#468

From: George Greene
Date: Wed, 13 Dec 1995 00:00

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   jim (jmason@iu.net) wrote:
   :    If people can actually *see* what the government tax bite is,
   :    rather than having it painlessly spirited out of their paychecks,
   :    then it will be much easier to rally for a decrease in taxes
   :    (and the necessary shrinking of government which would
   :    accompany decreased tax revenues).


In article <4a4o8m$3hf@aimnet.aimnet.com> edwardk@aimnet.com (Edward N. Kurmudgeon) writes:
 :   I don't understand what you mean.  Every time I get my pay check, I see
 :   exactly how much went to the government.  Every time I file my tax 
 :   return, I see exactly how much the government took from me the past year.
 :   Is it not the same for other people?

It is not that way for anybody whose income taxes are withheld
by the employer.  That the government is taking _anything_
from you at all via payroll-deducted taxes is a complete
myth.  You can't believe everything that's printed on your
pay-stub.  All of your payroll-deducted taxes are paid directly
from your employer to the government.  There is no real sense
in which ANY of that money was EVER, at ANY time, "yours", so
you can hardly speak of its being taken from you.

What withholding really represents is a stupidity tax
on your employer for having been fool enough to hire a human.

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From: greeneg@dali.cs.unc.edu (George Greene)
Subject: Incidence of payroll-deducted taxes
Date: 1995/12/13
Message-ID: <GREENEG.95Dec13123002@dali.cs.unc.edu>
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