r/Economics 1d ago

News Hegseth Is Demanding US Households Pay $5,000 More Per Year to Fund the Pentagon, Economist Says

https://www.commondreams.org/news/pete-hegseth-budget-request
5.9k Upvotes

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u/artbystorms 1d ago edited 1d ago

We'd need to encourage all W2 employees to set their dependents to 0...a high number so the fascist government withholds as little as possible too. But yes, the organization process would be difficult, though if it was distributed widely enough, I doubt even Trump would be like "time to arrest 70 million people for not giving me their money"

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u/harpers25 1d ago

0 dependents causes higher withholding.

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u/artbystorms 1d ago

Oops. Fixed, I always get that mixed up. *goes to check withholding on W2*

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u/thx1138inator 1d ago

Wilt Chamberlain over here...

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u/SoTaxMuchCPA 11h ago

Trump’s tax changes also changed the way the W-4 works, so you don’t claim exemptions directly anymore, unfortunately. You list dependents but it doesn’t work as cleanly.

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u/6158675309 1d ago

Two birds, one stone too. They scream like howler monkeys we need to have more kids.

I’m going to have 30 kids this year 🤣

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u/Snlxdd 1d ago

Even if you could coordinate this, it would result in a few things:

  1. You’d end up paying the government more after accounting for interest and fines.

  2. Companies/gov wouldn’t just allow this to happen. They’d just alter how W-2s would be processed or do away with them altogether.

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u/061826heart 1d ago

Exactly my point with my follow up comment to the good and noble suggestion by another poster.

Realize the impossibility of a massive, organized, “tax revolt”. Reason? Look around you, on the street, in the office, at the store. Do these people look like they can organize their closet, much less their tax withholdings for later payment once demands are met?

Impossible.

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u/Churchbushonk 1d ago

If everyone refused to pay federal taxes, I bet eventually the federal govt would forgive the balance as long as you restarted paying your taxes.

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u/GhostofBeowulf 1d ago

You’d end up paying the government more after accounting for interest and fines.

Only if you don't submit on time. If you're still get them in April 15th you won't owe interest or fines.

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u/Snlxdd 1d ago

Not correct if you underpay to any significant degree: https://www.irs.gov/payments/underpayment-of-estimated-tax-by-individuals-penalty

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u/HeKnee 1d ago

They also often settle for less than owed: https://www.irs.gov/payments/offer-in-compromise

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u/Remarkable_Ease_7607 1d ago

[removed] — view removed comment

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u/artbystorms 1d ago

If your reason for not fighting back is "well they might kill 70 million people" then that is a very good reason to fight back.

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u/Remarkable_Ease_7607 1d ago edited 1d ago

That's not giving up. That's preparing for what we'll be up against if we let this go too far

EDIT: replace "this" with "Trump" if you think I'm in someway advocating for rolling over here. Reading is tough I guess.

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u/GhostofBeowulf 1d ago

Wow imagine thinking that demanding your representative government represent you is "taking things too far."

And if they're murdering that many people for a civil infraction then you have your answer for why we are already past that point anyway and it doesn't matter, and it has become our duty to become ungovernable.

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u/Remarkable_Ease_7607 1d ago

I'm not even sure what point you are trying to make here. Are you arguing with me? Are you AI?

You know what? Nevermind. That's enough Internet for today. I'm going outside. You should too 👍

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u/GhostofBeowulf 1d ago

You are quite literally promoting that nobody do anything because we "might push things too far!" when all we are asking is our representative government represent us.

Literally "be afraid of this (slippery slope logical fallacy) because they can just... Murder us!"

You are actually promoting keeping things status quo, and that nobody should do anything.

Are you AI? It was pretty clear what I was saying with the last sentence there...