Re:Where Each U.S. State Gets Its Tax Revenue From
by yuliyp on Friday November 06, 2026 @11:47AM
(#50394805)
Corporate income tax is a very different thing from an employer withholding wages. Withholding is still considered the individual paying the tax, just they never get to hold the money. Corporate income tax is money the corporation pays based on its own income vs expenses.
Re:Where Each U.S. State Gets Its Tax Revenue From
by throwup238 on Friday November 06, 2026 @12:09PM
(#50395137)
You can also just go to your employer’s HR software and change withholding to 0% everywhere I’ve worked, giving you a bigger paycheck but moving the burden of paying the IRS on you.
Re:Where Each U.S. State Gets Its Tax Revenue From
by what on Friday November 06, 2026 @12:17PM
(#50395277)
You still need to do the withholding or pay a penalty at tax time. I suppose you can pay quarterly instead of biweekly (or whatever), but is it worth it?
Re:Where Each U.S. State Gets Its Tax Revenue From
by BobaFloutist on Friday November 06, 2026 @03:23PM
(#50397933)
I guess if you have a credit card that gets enough points/cashback to offset the fee for paying with a credit card you could get a marginal benefit?
And pet peeve, personal income tax and corporate income tax are almost the same thing. With few exceptions the individual person does not pay their income tax, the corporation does, and for those exceptions the individual is the corporation. Income tax is really a sales tax on a corporation biggest expense, it's payroll.