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To: vaper69
How would this work? If you didn't withhold any money wouldn't the IRS make you pay quarterly taxes instead?

I also think anyone who follows this advice without consulting the type of high priced tax lawyers who can keep one out of prison is being incredibly foolish.

There are plenty of legal ways to starve government. Those who are self employed could consider taking on less work and presumably less taxable income. We could also reduce non-essential purchases to deprive states of sales tax revenue.

The only downside to these activities is that they do not actually reduce government spending. The feds will simply print or borrow more money, and the states will find other methods of creative accounting to burden future generations with the costs of the selfishness of the people of today.

3 posted on 06/27/2009 8:36:58 PM PDT by pnh102 (Regarding liberalism, always attribute to malice what you think can be explained by stupidity. - Me)
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To: pnh102

I believe that they passed legislation awhile back that if you mistate your dependents and end up owing over a certain percentage of the total, penalties and interest for the entire year kick in (at the least.)


5 posted on 06/27/2009 8:50:38 PM PDT by Ingtar (Americans have truly let America down. A sad day.)
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To: pnh102

The upside is the debt-to-income ratio,

funny thing while researching revenues;

2009 United States federal budget

http://en.wikipedia.org/wiki/2009_United_States_federal_budget

The United States federal budget for fiscal year 2009 was a spending request by President George W. Bush to fund government operations for October 2008-September 2009.

.
September 2009? Still Bush’s fault President Øbama and his Democrat Congress 4X the debt


12 posted on 06/27/2009 9:13:51 PM PDT by Son House (President Ă˜bama Turns His Back On The Oppressed During Their Darkest Hours)
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