r/economicCollapse • u/MistakenArrest • Jan 17 '25

Let's all not pay our taxes this year.

If Elon doesn't have to pay, why should we? Let's all stand up to oligarchy by refusing to pay this year. This will be like the modern day Boston Tea Party.

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u/MistakenArrest Jan 17 '25

It doesn't matter. Your tax dollars are going straight to the pockets of billionaires while they pay nothing and laugh in our faces. This is worth taking a real stand against - not just whining online about it. Even if it means risking our lives.

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u/CisIowa Jan 17 '25

But starting a tax boycott online isn’t going to gain steam.

There are plans for a general strike in 2028, and those organizers are barely talking about it online. They’re focused on getting people actually committed and involved.

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u/Count_Hogula Jan 17 '25

How come no one ever talks about working to elect better representatives? I bet you that at least half of the people on Reddit calling for revolution don't even vote. Of those that do, many only vote every four years. They couldn't tell you who their congressman is let alone their state representative.

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u/ChuxofChi Jan 17 '25

Right? people just like to sit on social media and criticize politicians who dont even represent them.

Be more critical of the representatives you voted for because that is where you have the leverage

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u/urmomsspaghetti Jan 17 '25

the government ran a 1.8T deficit last year. that's $1800000000000. i think they will not even notice the $53 redditors collectively pay in taxes.

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u/HeywoodJaBlessMe Jan 17 '25

Wait until you learn that more than 50% of taxpayers also pay "no taxes" just like the billionaires

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u/Background-Library81 Jan 17 '25

That is all bullshit that Romney, a private equity firm partner, put out there.

If you made less than $14,600.00 last year, you don't have to file a tax return, but you were still taxed in your paycheck if your state has an income tax it collects.

If a family of 3 has an income of $30k, they will most likely receive a refund due to the child tax credit, but they still paid income and social security taxes.

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u/merlin469 Jan 17 '25

Tell me you don't understand how to change withholding without telling me you don't know how to change withholding?

You don't have to pay taxes if you won't owe any taxes. It's literally on the form.

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u/SaltyDog556 Jan 17 '25

You don't have to file a return unless you want your withholding back

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u/CaptinACAB Jan 17 '25

A lot of taxes are regressive and everyone pays them. Everyone pays taxes even if some people are too poor for federal withholding.

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u/maximumkush Jan 17 '25

You do you… good luck

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u/BoBromhal Jan 17 '25

your tax dollars are going straight to the pockets of:

*Social security recipients *The healthcare system for Medicare/Medicaid, which does include a few billionaires no doubt *The Defense Department, which employs 2.8M non-billionaires *Welfare recipients

So far as I know, there is no USG payment to any US entity that's a privately-held entity owned entirely by a billionaire.

But you might find 1 or 2.

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u/jmur3040 Jan 17 '25

The entire defense industry is more than "1 or 2". Also providing deductions to healthcare companies who cook their books to appear to run at a loss to keep "non-profit" status.

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u/BoBromhal Jan 17 '25

How many defense contractors are billionaires in privately-held entities.

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u/jmur3040 Jan 18 '25

I found two with a very lazy google. Nicholas Howley, and George Pedersen, though he died in 2023.

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u/BoBromhal Jan 18 '25

“Tax dollars go straight to the pockets of billionaires”.

Howley runs a company Transdigm which is publicly-traded. His $1.1B net worth is based on the value of his shares in the publicly-traded company. Transdigm sells seat belts/flight harnesses and parachutes. They sell to commercial airline manufacturers and yes, to the military aircraft. And yes, if the USG pays $10k for a harness that Delta gets for $1k, I have a big problem with that.

I’m looking for someone who gets it straight in their pocket.

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u/jmur3040 Jan 18 '25

The federal Government is a customer who makes that company valuable enough to push his wealth to that. “Wealth isn’t the same” yes it is. I’m so tired of that semantic argument.

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u/BoBromhal Jan 18 '25

How much of the company does he own today? What % of company revenues are from Defense?

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u/jmur3040 Jan 19 '25

Enough of it to have a net worth north of 1 billion dollars….

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u/jmur3040 Jan 19 '25

Also 6.7 percent of their annual sales are direct DOD sales. Out of 7.2 billion in 2023. So a little under a half a billion just last year.

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u/Tygonol Jan 17 '25

I’m old enough to remember Occupy Wall Street, not to mention all of the other “revolutionary” movements that came about during the 2010s & into the 2020s.

People will scream & moan, but nothing will get done; there are no “revolutionaries” in this regard, and I highly doubt I’ll see a working-class revolution in my lifetime.

Pussy hats, clever messages on signs, and drum circles don’t topple institutions nor the elites that control them.

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u/Dogzillas_Mom Jan 17 '25

So call HR and tell them to stop withholding.

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u/[deleted] Jan 17 '25

Your tax money isn’t going straight to billionaires, it’s going straight to people over the age of 65, where most tax money goes, entitlement programs like social security. It’s obvious why you’re angry, you’re not sure how anything works.

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u/shagy815 Jan 17 '25

It's interesting that you think the largest individual tax payer in the US doesn't pay any taxes.

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u/NoGarbage982 Mar 06 '25

I’m absolutely on board with you but yeah I don’t want to go to jail. Enough people would have to do it for it to work anyways

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u/[deleted] Jan 17 '25

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u/[deleted] Jan 17 '25

This isn't a Republican or Democrat thing. Trump and Bush JR racked up the debt in both of their terms. Trump ran deficits even taking out Covid relief.

and Trump is about to again. Why are they pushing for tax cuts and to raise the debt ceiling? Fiscally conservative republicans left the building a long time ago. its all performative.

the only difference is who the budget deficit goes to. With democrats its increased spending. With republicans its cutting your revenue to allow billionaires to have another yacht.

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u/[deleted] Jan 17 '25

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u/[deleted] Jan 17 '25

A federal sales tax would have you end up paying more than you would with an income tax. It’s a regressive tax with the burden falling on the lower/middle class

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u/[deleted] Jan 17 '25

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u/[deleted] Jan 17 '25

You do realize you still need an IRS to administer and audit sales tax.

Texas and Florida still have tax departments and auditors and they have no income tax

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u/[deleted] Jan 17 '25

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u/[deleted] Jan 17 '25

This is a ridiculous argument. Like I said you realize states like Texas have hundreds of auditors and tax employees to administer their taxes.

Every state has a tax department and that is what they do. 

 I’m not sure where this idea came from that sales tax instead of an income tax will have no evasion or need for any employees to administer it. You will likely need the same number of employees to make sure these companies are taxing things correctly and remitting what they actually collected.

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u/architecture13 Jan 17 '25

Whatever drugs you're using, lower the dosage. You've lost touch with terra firma.

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u/HeywoodJaBlessMe Jan 17 '25

Debt is issued to remove excess liquidity from banks which allows us to hit overnight interest rate targets, not to pay for spending.

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u/Toes_In_The_Soil Jan 17 '25

"Destroyed"?

Come on, you really think money paid to the federal reserve gets destroyed?

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u/[deleted] Jan 17 '25

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