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How do wages and tax work in the US?
(lemmy.world)
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It's a racket. The government does receive enough information to automatically calculate taxes for 90% of us, but Intuit and HR Block lobbied congress to keep it complicated and not allow automatic filing.
My paycheck has deductions for tax, healthcare insurance, and 401k (superannuation) so net around 50% of gross like everyone else, and we don't generally have to pay more at year end.
It's really frustrating how many things are bad because some assholes are making money off of it. Saint Luigi, please bless up in these trying times.
Amen.