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Publication Date: November 2010

Publisher(s): National Center for Policy Analysis (U.S.)

Author(s): Michael Whalen

Series: 733

Special Collection:

Topic: Banking and finance (Taxation and tax policy)
Politics (Politics)

Keywords: Taxes; Transparency; Income Tax; Refund

Type: Report

Coverage: United States

Abstract:

Here is an idea that should receive support from just about
everyone: the taxpayer savings account (TSA). Instead of the
current withholding system, amounts withheld from your
paycheck would go into a segregated account that you own.
Interest that accumulates would be yours to keep, instead of
accruing to your employer or the government.