Tuesday, June 09, 2009

How Our Bureaucracy Got Obese

When government went off a healthy diet in the United States.

9th June 1943 : New laws are passed which require 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"

"Pay as you go" is government's way of saying, "Give all of it to us."