Comment on Why does everyone hate Income tax ?
zlatiah@lemmy.world 3 weeks ago
I don’t hate income tax. But from my personal experience, when I was young lad with no political leaning, seeing a quarter of my first paycheck just… disappear into the void (what I thought back then) definitely made me feel something not great
I mean right now I can see that an income tax system is at the very least a “necessary evil”, but I could also see how ppl without a fuller perspective of things might interpret this as almost theft (the evil guvunment stole muh money!!!)
sith@lemmy.zip 3 weeks ago
Making the employer pay the tax before the money reach the employee solves quite a lot. I understand that’s not the practice in the US.
thermal_shock@lemmy.world 3 weeks ago
How do you figure this isn’t the way it is in USA? My taxes are paid before I ever see a paycheck.
sith@lemmy.zip 3 weeks ago
I don’t think it’s enforced by law. Only federal tax. Maybe different in different states? Anyway, Americans are always whining about it, so I figured it was national/federal.
thermal_shock@lemmy.world 3 weeks ago
I’m confused. You say taxes are not paid by the employer before the employee is paid, but you’re also saying Americans are always whining about taxes coming out of their paychecks?
Soapbox@lemmy.zip 3 weeks ago
Most Americans opt to have their employer take the taxes out and send them to the government for them. But its not required, we can choose to receive all of our pay and take responsibility for sending the government their cut ourselves. Its a PITA, but some opt to put their taxes in an account to earn interest for a year before paying the government. They view paying monthly as “giving the government a free loan.”
When you have your employer do it for you, your pay stub breaks down the amount you started with and how much was taken out for each tax. We can see what we are paying in tax on every paycheck which is why so many Americans complain about it.