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http://www.cnbc.com/id/39265847

UK Proposes All Paychecks Go to the State First]

The UK's tax collection agency is putting forth 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.

The proposal by Her Majesty's Revenue and Customs (HMRC) stresses the need for employers to provide real-time information to the government so that it can monitor all payments and make a better assessment of whether the correct tax is being paid.
 

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Yeah... that'd work well here in the US....
After the 1st month there would be a 4-6 month back log and
when we did finally get what was left of our checks (LATE...) we wouldn't
get paid interest and the government wouldn't have to pay penalties...


NOT !!! :lol:
 

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I can see them trying that here though. Only a matter of time...
 

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gruntpain1775 said:
I can see them trying that here though. Only a matter of time...
I'd put money on it.
 

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EJR914 said:
gruntpain1775 said:
I can see them trying that here though. Only a matter of time...
I'd put money on it.
Before or after the State gave it back?
 

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We already have tax witholding.
 

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Hock25 said:
We already have tax witholding.
Sure... but YOU get to decide how much to give the government (# dependents/pre-tax deductions)...
This "new and improved" way let's Uncle Sam decide how much he wants and he gets
pick of the litter to boot...

Much more efficient - until the IRS tries to implement it..
should make for an outstanding catastrophe :D
 

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Our government already views it as their money. When the recession hit we heard how much it cost the government in revenue. Whenever there are tax cuts we hear how much it will cost the government. When they increase taxes we never hear how much it costs us.
 
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