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Strategies & Market Trends : IRS, Tax related strategies--Traders

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To: WallStBum who wrote (362)6/23/1998 6:45:00 PM
From: Colin Cody  Read Replies (2) of 1383
 
WSB, The day we move to a system where ALL taxes including FICA are sent in to gov't monthly just like your mortgage payment and withholding is done away with - that will be a great day.
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Are you suggesting that 100 to 150 million Americans should not have withholding tax (State & Federal), but must be obligated to go through the effort to make out 12 monthly tax CHECKS a year (federal) and I presume another 12 for the State, that THIS will be a "Great Day"???!!!!
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For whom? The employer's payroll dept? (g)
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Colin
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