I actually strive to try and make it close to $0 as close as possible myself. If I find myself paying a couple thousand one year, I adjust the next year to lower that number. But ideally, I like paying more than receiving at tax time, means I got the maximum amount that helps me throughout the year instead of some crappy savings I earned no interest on.
Sounds like a simple adjustment you can make on W-4 to have them take out a little more. Even part time you should be able to adjust this. Or better yet, each paycheck, take out an additional 5% or something, throw it into savings, let it earn more money throughout the year to potentially pay taxes on and might still end up with leftover savings.
Using the government as a savings, expecting a refund on taxes is not a good way to save money… ever! Even the shittiest bank savings at 1% or less is better than any over payments made to the IRS throughout the year.
Yup… there are other ways to grow your money as well. With Acorns, I"m sitting currently at 57% gains…
Also, at least you still have access to the money as well if it’s needed too… if you overpay the government, waiting until Tax refund doesn’t sound ideal if you need the cash sooner in case of emergency, etc.
I’ve been using them for a while again after dropping them. They will let you add FOC books to your current months order if you email them the titles before Monday. “FOC” must be in the email subject line because they use a filter to prioritize those requests. 90/95% the books are perfect shape ordering without bags and boards. I’ve gotten credit for the ones that aren’t.
Well, if EVERYONE did this then they’d just raise taxes and get out money another way. It’s all relative. The more you could save, the more you’re probably making and the more you don’t care to be bothered….it gets to a point when you make so much you just pay someone to do it for you.
I should see what I pay in taxes and see how much I’d make, even on a savings account. Never did the math.
Not exactly an option on the Django/Zorro series from Dynamite as the article states the movie would be more of a continuation of the comic but might move those books either way
If I give you $1000 during the year but I only owe you $900, so in April you give me back $100 cause I overpaid you. So next year I make the same, tax rates stayed the same, I only pay you $900 instead of $1000 total, $0 refund this April. Again, how are they getting their money another way if they’re just gonna return what you overpaid anyways?
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Because the government is including interest in their budgeted revenues. If that revenue flow suddenly stopped because 100% of the population did why you are saying, they would increase the tax rates to make up for it…or raise tariffs. Point is, thy always get their money.
I’m just saying your idea works on a micro/limited scale. But if you applied it to a macro scale the government would make an adjustment to tax the population higher or in another way.
Was Camp actually referencing what happened with Trump or is it a misunderstanding like how people were mad at Ben Stiller and he was tweeting about a sports game?
Only he knows for sure what he was really referring to. Users pointed out that his later post about being bad at darts with a pic of darts and a dartboard was actually a Google stock image. Personally though I think that was probably enough for marvel and DC to ignore it, but people can be relentless so we’ll see…
The government is still making the same amount of money. They aren’t losing anything if you pay what you owe. Many tax professionals recommend to withhold only as much as you’ll owe.
Plus, if you save or invest the extra money you are no longer withholding, you’ll be taxed on it eventually through interest (1099-INT) or capital gains. So, they’re making more and you’re making more if you go that route TBH.
