Warp wrote:
>   If you pay too much taxes, the excess is returned at the end of the
> following year, adjusted for inflation

Wow. If you withhold too much here (but less than 10% too much), you 
just get it back some couple of months after you file your taxes. No 
interest or anything.

If you withhold more than 10% too little, you have to pay hefty interest 
and penalties.

If you withold more than 10% too much, you *also* have to pay penalties, 
altho I don't know what they are since I never did that. I believe the 
reason is that the feds have already spent your money, so now they look 
at it as a hardship that they have to give you back the money they 
shouldn't have spent in the first place.

Of course, our tax system is pretty f'ed up here. No question, that.

I always figured the way to go would be to legislate that you could only 
spend *last* year's taxes this year. That way, there wouldn't be any 
withholding, the government would have a year of taxes in the bank (to 
spend this year), and there would be all kinds of incentives not to do 
stupid expensive stuff that doesn't work. Sort of like the "you can't 
vote for a raise that takes effect before the next election" rule.

I have *so* many good ideas for when I run my own sovereign country.

-- 
Darren New / San Diego, CA, USA (PST)
  Helpful housekeeping hints:
   Check your feather pillows for holes
    before putting them in the washing machine.

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