On this day in 1943 :
New laws were passed by Congress which required employers to withhold federal taxes from weekly paychecks. This changed the earlier format where taxes were paid in one lump sum at the end of each year, and has been called "Pay As You Go tax."
This is the day the average worker lost the ‘power of the purse’. Instead of the IRS waiting for workers to send money, it is the other way around. Do you think Congress would manage money any different if voters and taxpayers had the ability to truly vote with their wallets? Do you think they would want us to be satisfied customers?
As consumers we vote with our wallets for everything, from toothpaste to the types of cars we drive. Good companies improve their products when customers are dissatisfied. Why? Because revenues go down! It's then they they realise that the consumer wants something different. Why can't government do the same? We the People demand better service.
Just a little something to think about on the 79th birthday of the law allowing the IRS to garnish our wages.
