With employers withholding your pay, it's tough.
I have my own company and can just refuse to withhold and send $$$ to the State (as in Communist "state").
Then wait for the government to put me in jail.
If a few million small companies like mine did this there might be an impact.
Other folks could just claim 19 deductions on their W-4, and on April 15, send zero dollars.
Bottom line... we could put the government out of business (oxymoron).
I have a small business. But I’m no business man. So, I messed up and owe a bunch of end-of-the-year taxes. I made too much money. Seems a waste to work so hard to see so much of it just disapear. It will only get worse if Obama gets in. Why can’t these idiots (and the voters) figure it out that raising the taxes on the “rich” is not a way to help the economy?!. Even my dear old Republican mom just the other day said “well, FDR was a Democrat, and he got us out of the Depression...”. 10 minutes later I’m not sure if I changed her views on FDR, but she won’t be voting for Obama.
Anyway, paying my taxes will really put the crunch on me until some of my clients pay (and I hope they still will/can!). And of course I put more money than I should have into my retirement funds without planning on the bigger tax hit. So that money is locked up and/or dissapeared.
I have half-way thought of not paying them. But, not that gutsey - or dishonest. Anyway, I sure don’t want those poor fund managers at Lehmans to have to do without their penthouse suites. (YES - IT MAKES ME MAD TO SHIP OFF XX,XXX dollars to the STUPID GOVERNMENT). I wouldn’t be so mad if they would spend it on perhaps a 500 lb bomb or something - but on a bailout!!?? (Hey, instead of dropping a bunch of cash on Wall Street they could .... oh, nevermind).
Or - perhaps just wait a few more weeks and maybe the gov’t will bail me out too!!?? (Oh, you need to be an illegal buying a $600,000 house with no money down to get help? Oh well.)