If there were no Federal Income Tax Withholding from your paycheck, would your quality of life improve?

Question

Tax Americans on what we consume, not what we make. We work hard for our money, don't we deserve to keep all that we make? Imagine receiving your first pay check with no withholdings! What a bonus! Would you be able to afford health insurance now? Invest for your retirement? Save for your child's education? Afford better housing?

Did you know that a Tax Plan has been proposed to abolish our current tax system? Find out more at fairtax.org!

Answer 1

There are certain things our taxes pay for that we can't afford to pay for ourselves.

We are a society that for the most part (there are those out there this doesn't apply to - known as the exceptions to the rule) we would spend all that we made - thus the credit card crisis and debt crisis we have in this country. WE, as a society would continue to live beyond our means - and I believe that we have personalities that would not think of things like health insurance, and retirement first. I don't think it's right that our priorities are out of whack, just stating a fact.

My generation, and the generation before me especially (and let's not even think about those behind me) - we live beyond our means and think that we will do for our retirement tomorrow, unfortunetly, as appealing as your idea sounds, I just see it as a disaster, as WE with our human nature, we can't handle it.

Answer 2

Nothing would change. If it's not an income tax, which is progressive by the way, it would be something else such as a regressive sales or, worst yet, property tax.

I might get a bit more in my paycheck, but the massive increase in costs would offset that in a New York minute.

With a national sales tax, tax fraud would be rampant as transactions would occur "off the books" to avoid taxation. A significant underground crimminal element would be spawned for the trade in un-taxed goods -- just look at what's already happening with bootleg liquor and tobacco. Who needs that crap??

Answer 3

the internet web site that advised you that there is not any regulation requiring you to pay federal earnings taxes probable has a piece approximately how we under no circumstances landed on the moon and the holocaust under no circumstances existed the two. that's downright fake. its a fable that may not look to die. easily that the U. S. shape provides congress the skill to create & substitute US tax regulations and the very suitable courtroom of usa recognizes those regulations as legally binding for all US electorate and citizens. There are people in detention center spectacular now who believed that fable and tried to combat it. you could shrink the quantity of money taken out of your paychecks for federal taxes by skill of giving your organization a sparkling W-4 style claiming greater allowances. that's totally criminal yet once you owe greater desirable than $one thousand or 10% of your tax criminal duty on the tip of the 12 months you would be hit with a penalty AND the IRS will deliver your organization a letter that demands them to start withholding greater tax. in case you attempt to combat your tax bill or the penalty in courtroom on the inspiration that there is not any tax regulation, the choose will snicker at you and upload courtroom expenses to the quantity you owe Uncle Sam.

Answer 4

Hiring a cop and paving the road to your house will be expensive; so will salting an icy road.

Government services will always have to be paid for. Alternative tax systems are not going to make that go away; just change the burden on who pays for what.

Answer 5

Your quality of life would definitely not improve. The highways would deteriorate so much, you would not be able to drive on them. No education, no housing or food for the poor. So they would come steal yours. The list goes on and on.

Answer 6

Your paycheck would be bigger, sure, but you'd have to pay for many services out of your own pocket that are now funded by this federal with holding, and it likely would cost you considerably more in time and money.