Publication Date: November 2010
Publisher: National Center for Policy Analysis (U.S.)
Author(s): Michael Whalen
Research Area: Banking and finance; Politics
Keywords: Taxes; Transparency; Income Tax; Refund
Coverage: United States
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.
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