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Originally Posted by lurker Payroll Tax deductions is where the problem started. Congress should be busy asking for our money instead of spending it. |
I think the handy payroll deduction system does cause some folks to not grasp how much goes out every payday. Someone once excitedly told me about their tax refund. I ask how much they had to pay in to get that refund and they replied that they didn’t pay anything, they got a refund. If they had to write four checks (Federal, State, FICA, Medicare) to pay the withholding every time they got a paycheck, it might have soaked in.