Quote:
Originally Posted by djchameleon
False. You don't know much about taxes as you claim to think you do but do whatever you want.
Some people like to let them take more off the top so that they get back a refund and there are people like you that rather have more in their paycheck but have to owe the IRS come tax time. There also are things such as tax credits and itemized deductions. I think you need to read up on both.
|
Lmao. Seeing as how I intern as a tax consultant at a Big 4 firm I'd guess I know a bit more than you. And if you are getting money back you are essentially giving the government an interest free loan, while if you owe slightly you are the one receiving said loan. There's absolutely no reason to want them take out more than you should properly owe. I'll tell you what, you research up some time value of money tables and I'll look up those ooo so strange tax credits and itemized deductions (which by the way have no footing in this discussion).
As to dave, the take the total and divide by population calculation doesn't work at all.