Imagine Writing THAT Check
I was looking at the Examiner’s list of new bills introduced on the first day of this year’s legislative session, and a couple of them are goofy, some are not so great, and some are good ideas. One of the good ones in my humble opinion is House Bill 1087 which would eliminate the mandatory withholding of state income taxes. Strangely enough, our Transparency Czarina Amy Oliver discussed this very bill with Mike Krause on iVoices.org.
Aside from the obvious arguments relating to every working citizen in Colorado giving an interest free loan to the government, whether they like it or not, due to mandatory withholding, there is another argument to be made about leaving withholding up to the employee: IMAGINE WRITING THAT CHECK! I wonder how much outrage and hostility your average voter would have if they had to write a check to the government each year. Would that sort of income tax transparency be enough to cause an overall shift in demand for lower taxes and less spending?

