Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Ah. This is a much better explanation of what you were getting at than the original post was.
I agree. Frankly if something like this would take place I would just quit my job because why should I work a hard demanding job and not be payed fairly. And I am sure that I am not the only one who feels this way.
Isn't this what already happens? I mean what's the difference? Our taxes are deducted before we ever get our check.
No.
This is a 100% tax of all income, it goes into the same fund as social security, Medicare, etc... The government will have all earned income, and they will decide how much we get and when we will get it. Once they are allowed to get all our money, they own us.
They can decide whether we get paid monthly, weekly, bi-weekly, and even what percentage of our money will be given out on any particular cycle.
Will overtime be treated as regular pay?
Maybe overtime should be once monthly or bi-monthly?
Maybe they need more time to decide compute the source of your per diem or company reimbursement from the business expense report you filed?
Maybe your bonus should be paid out over twelve months or delayed a few weeks or months as the government determines the validity of the compensation package?
The point is that all our income becomes the government's money, and who is to say they will not raid it like they do social Security or Medicare.
Well for one, this method creates another inefficient and most likely corrupt arm of government. (and who will oversee them? more government?)
Secondly, do you trust the same government to not make a mistake on your withholding?
Ever heard/known firsthand any IRS horror stories?
It gives them total control of your money and good luck getting it back if they make a mistake.
Of course stary eyed liberals believe government is infallible.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
