Re: Taxes and Timing
There is no way a 35% income tax could be collected on people at the end of each tax year. People don't have the restraint to hold on to that kind of money. Poker players are one of the few professions that have to deal with this and it is amazingly depressing. I think a good step towards eliminating the income tax would be to bar the IRS from taking any money towards the 2007 income tax until April 2008. Either a huge percentage of the work force is criminal or having an enormous income tax is not a good idea.
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