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To: Windflier

You can sign up on a new W-4 for 9 deductions.

If you put the money aside in a separate account—or save it at home in cash is even better—you slow to a dribble the amount of tax money that flows regularly into the IRS from weekly payroll with-holding

Say you have 20 employees in a company.
Say that under current paychecks, the weekly payroll deposit was $3000 just for Fed with-holding.
If everyone drops their W-4 to 9 exemptions—perfectly legal—the irs Fed with-holding deposit weekly would probably drop to no more than $300 or so. I would have to see each paycheck and do the math.

But you get the idea. Drastically cut the flow of money into the IRS, and someone will get a message real quick.

you- the employee—must set aside the difference yourself and be careful about it, so that when you have to file your taxes you have the money.
On the other hand-—send in your tax return—but send NO money. Tell them why, and send an accompanying letter with information to your representatives.


42 posted on 02/11/2009 3:47:54 PM PST by ridesthemiles
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To: ridesthemiles
Say that under current paychecks, the weekly payroll deposit was $3000 just for Fed with-holding.

If everyone drops their W-4 to 9 exemptions—perfectly legal—the irs Fed with-holding deposit weekly would probably drop to no more than $300 or so.

This solution is one of the most popular, and I can see it happening across the country soon, without much prodding, or organization.

Lots of folks have told me that they're already doing this.

Whether organized or not, it appears that there's massive agreement setting in, that we need to pull back on what we send to the Treasury.

Obviously, most of this is being done out of personal necessity, and not for reasons of forcing Washington to heel to The People's authority, but it may have the same affect.

58 posted on 02/11/2009 6:02:01 PM PST by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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