Tuesday, September 21, 2010

The Government Collects The Money

SEARCH BLOG: ECONOMY

Via Hot Air:
" ... a proposal that all employers send employee paychecks to the government, after which the government would deduct what it deems as the appropriate tax and pay the employees by bank transfer." [full story]
How might this work?

  1. The government collects the money and spends it before it has a chance to send it to the money earner.
  2. The government collects the money and determines that it is appropriate to keep it all because the government provides everyone with what the government determines they need.
  3. The government collects the money and it disappears in the rounding process at the accounting department.
  4. The government collects the money and orders the earner to be jailed for not sending enough appropriate taxes. 
  5. The government collects the money and determines that the earner does not exist and is not eligible to receive any money from the government.
What could go wrong?

2012 IS GETTING CLOSER

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