Like full blackout where they adjust there w-2 and they don’t submit their taxes. How long until the government would collapse?
What if people quit paying taxes?
r/whatif
Like full blackout where they adjust there w-2 and they don’t submit their taxes. How long until the government would collapse?
Comments
In the USA, most full time employers take your taxes before giving your check. You have to file at the end of the year and pay/refund the difference.
No FTE can just stop paying taxes. Freelancers with 1099 income can. But the IRS knows and will find you eventually.
Some states will refuse to renew your drivers license if you have unpaid state tax.
Sounds great, not really possible.
What if they arrested you? They take some taxes out before you get paid unless you are working under the table.
The money would continue printing until moral improved.
The jails would be full
There would be many more people in federal prison.
If by "people" you mean everyone then… we’d have massive inflation. The government would keep spending money but it wouldn’t be pulling money back out of circulation. That increase in the money supply without a corresponding increase in goods would be inflationary.