Would it make a difference if everyone stopped paying their taxes?

Would it make a difference if everyone stopped paying their taxes?

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the state just takes it

no. taxes are just a punishment. the central bank of any western country would make up the difference and cost regular people money through inflation

Yes. Taxes are used to interest on government bonds.

The rich and the powerful use government bonds as their low interest "bank account". They even give bonds to their stock brokers to be used as collateral to trade with. They use bonds like money.

So if they do not get paid interest on bonds because no one is paying taxes, the entire government will fail.

See

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*Taxes are used to interest on government bonds.

Yes actually it would, whatever pittance you owe would need to be audited at a cost greater than the return.
Go tax exempt and do not file, make some fink hunt you down. Millions of people did this during the tea party and it freaked out the feds.

*Taxes are used to pay interest on government bonds.

It’s all automated from our paycheques or from point of sale at stores. Unless you earn income from a side hustle and don’t report it, you’re autotaxed. They’ve got the plantation on lockdown bro.

Here is why The rich and the powerful use government bonds as their low interest "bank account".

It is because the banks only insure up to 50k USD of their deposits using FDIC. So they need government bonds.

I guarantee they'd come looking if I quit paying them.

people should organize a tax strike
it would be infinitely more successful than any stakeout protest
just get a bunch of people together and refuse to pay any taxes for 1 year
what are they going to do?
drag millions of people through the court systems for every few thousand dollars in taxes?
even if they get the money in the end, it will completely fuck them up

Not exactly. If we take the US as the prime example. Their revenue is around 3-3.5T. They can spend double that amount or however much they please. The interest payment is currently around 500B. And they don't need taxes. They can just issue an equal amount of debt to pay the interest and finance all the other spending with 0 tax revenue. This is called rolling over the debt by taking on more debt. And the fed will do everything in their power to help the treasury out. What is a few trillion between friends anyway?

OMG hilarious knock me up

bump

The only purpose of taxes is to service debt on printed currency. Not paying taxes would principally lead to the collapse of fiat currencies and the elimination of government debt. A two for one deal.

bump

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sad!

Yes.. but they still tax food, clothes etc. So there's that to consider.

the majority of taxes come from income taxes
with how unbalanced the budgets of western countries already are if income taxes were stopped for even a year things would get fucked real quick

They take it direct from wages.
Stopping paying uk council tax would be one way here.

They have that here. It's called withholding tax, but from what I understand you can request to be paid the full amount and then pay your own taxes at the end of the year.
Which is honestly what you should do since you're missing out on all the interest throughout the whole year if you get taxed immediately.

Our one pays for police,getting bins emptied stuff like that.