It’s tax time. Doing my taxes is a conflicting experience. Most of the time I am due for a refund. Yet, this means that the government has had my money, not giving me interest, for a whole year. This is quite the gimmick / setup, because it’s made to look like you should be happy that you’re getting money back. In fact, that they take more than you owe should bother you.
What’s the solution? We could move the filing date to November 2, and eliminate withholding from our paychecks. That would eliminate the thought that somehow I’m getting money from the government, and keep taxes low because people would be able to vote on taxes.
What I like better is the idea of eliminating income taxes altogether, and going for a nationwide sales tax. That way we’d only be taxed on what we’d buy, companies could hire for the exact price the people would get paid, and savings would not be taxed.
What do you think?