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I didn't realize you meant literal withholding. Joel Send a noteboard - 05/09/2009 03:03:32 AM
A business has to turn over withheld money directly to the IRS and state taxation authorities anyway. It's not like they can arbitrage the withheld money, and even if they could the amount they could make would be so small that it wouldn't affect their operations (unless you're envisioning some Dickensian sweat shop where tens of thousands of people are employed at minimum wage).

Probably because every place I've ever worked lets the employee decide how to fill out the withholding form though most of them have suggestions on what's in the employees best interest. I misunderstood you to mean they won't try to hold wages as low as possible, which seemed dubious to me.
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For Europeans who don't understand why Americans are against ObamaCare - 03/09/2009 04:24:35 AM 1325 Views
I'd be happy to tax top "earners" more and suffer Europes economic "collapse. " - 03/09/2009 04:30:31 AM 770 Views
The US will never work with socialism. - 03/09/2009 04:40:21 AM 839 Views
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I don't think the mistrust of the government is really all that overblown - 03/09/2009 05:04:34 AM 752 Views
It's advanced beyond what it was during the Revolution, I think. - 03/09/2009 05:18:22 AM 795 Views
I would say it's grown with the government - 03/09/2009 05:23:52 AM 777 Views
Re: I don't think the mistrust of the government is really all that overblown - 04/09/2009 03:30:23 AM 724 Views
If I lived in France I wouldn't trust the Government either. - 04/09/2009 03:44:55 AM 787 Views
*laughs* the point is taken. *NM* - 04/09/2009 04:24:07 AM 506 Views
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Sadly, I think going back to the Clinton rates would help - 03/09/2009 04:42:54 AM 661 Views
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Re: I hear a lot of socialism coming from you..... - 03/09/2009 05:40:32 AM 748 Views
Nice non-answer answer..... - 03/09/2009 05:52:04 AM 755 Views
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Paris Hilton? - 04/09/2009 03:43:19 AM 746 Views
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Less than 200 people were said to be US persons with Swiss accounts - 04/09/2009 04:16:24 AM 735 Views
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Okay, now you've just gone into Kool-aid drinking territory. - 05/09/2009 04:32:07 AM 866 Views
Communist THEORY is predicated on democratic participation at every level,totally absent in the USSR - 05/09/2009 04:55:00 AM 980 Views
FINALLY!!! - 07/09/2009 10:22:53 AM 772 Views
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Yes, and 90% of people are idiots. - 05/09/2009 02:41:35 AM 975 Views
Re: Yes, and 90% of people are idiots. - 07/09/2009 10:09:30 AM 778 Views
Top earners? Please define.....what income and how much more? *NM* - 03/09/2009 04:52:25 AM 506 Views
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What is your justification for taking over 50% of anyone's income? - 03/09/2009 05:28:22 AM 865 Views
That's a good example of why I say the rate has to be set to cost of living. - 03/09/2009 05:50:16 AM 889 Views
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To what 40% do you refer? - 03/09/2009 02:42:55 PM 657 Views
Dude, you are not making this easy..... - 03/09/2009 03:38:01 PM 695 Views
No one "gets money from the IRS. " - 04/09/2009 02:55:02 AM 702 Views
Actually with EIC you can get money back that you never paid in. - 04/09/2009 02:56:43 AM 696 Views
It MIGHT be possible with the EIC, but in practice few people get more than they paid. - 04/09/2009 03:43:36 AM 749 Views
I don't know, I've known plenty of people that have gotten more back than they paid in - 04/09/2009 03:46:29 AM 822 Views
A neat trick then. - 04/09/2009 04:09:58 AM 824 Views
To be fair - 04/09/2009 04:50:20 AM 760 Views
Ah, gotcha. - 04/09/2009 04:53:58 AM 772 Views
Yet another example of your ignorance on tax policy. - 04/09/2009 03:19:39 AM 651 Views
The word I notice is "welfare" - 04/09/2009 03:57:01 AM 776 Views
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It's what welfare means to me... - 04/09/2009 04:32:17 AM 771 Views
I was just talking about EIC as a form of welfare, not welfare welfare. *NM* - 04/09/2009 04:45:13 AM 440 Views
yes, I get that now. *NM* - 04/09/2009 05:02:53 AM 424 Views
*NM* - 04/09/2009 05:14:01 AM 427 Views
Not necessarily - 04/09/2009 04:11:41 AM 715 Views
*shrugs* I have a soft heart. *NM* - 04/09/2009 04:30:52 AM 431 Views
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It is only for the WORKING poor, yes. - 04/09/2009 02:12:55 PM 690 Views
Mean it may be, but hardly illegal. - 04/09/2009 02:31:16 PM 713 Views
How does the business benefit? - 04/09/2009 04:54:27 PM 716 Views
I didn't realize you meant literal withholding. - 05/09/2009 03:03:32 AM 733 Views
That's a no-no, Joel - 03/09/2009 07:32:03 AM 698 Views
Europe impresses me for one simple reason: - 03/09/2009 09:21:28 AM 753 Views
No real comments, just 100% agree with you....plus the $12 trillion is terrifying to me. *NM* - 03/09/2009 04:33:39 AM 332 Views
If that scares you, check this out! - 03/09/2009 04:48:56 AM 856 Views
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There is one thing the government did right - 03/09/2009 04:41:36 AM 756 Views
The bailout, some of it, was necessary..... - 03/09/2009 04:51:03 AM 756 Views
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when have they ever cut the fat? - 03/09/2009 08:35:36 PM 739 Views
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Well there is only one catch *NM* - 03/09/2009 10:56:00 PM 425 Views
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The key phrase is "should be. " - 03/09/2009 09:38:15 AM 924 Views
Re: The key phrase is "should be. " - 03/09/2009 09:47:39 AM 795 Views
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a bit, yes. *NM* - 04/09/2009 04:08:37 AM 449 Views
For Americans who don't understand why Canadians like their public healthcare. - 04/09/2009 04:23:11 AM 780 Views
Correction - 04/09/2009 04:44:32 AM 764 Views
Re: Correction - 04/09/2009 05:05:11 AM 881 Views
In all honesty.... - 04/09/2009 05:18:23 AM 716 Views
Re: In all honesty.... - 04/09/2009 07:19:28 AM 794 Views
Re: Correction - 04/09/2009 05:24:49 PM 722 Views
Re: Correction - 07/09/2009 10:11:45 AM 917 Views
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Re: It's a fact - 05/09/2009 03:18:39 AM 740 Views

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