Tag: withholding
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Withholding is a behavioral trick the government uses to keep you docile
Tax withholding feels normal, but it was designed to make taxes painless and politically invisible. The behavioral economics behind it are worth understanding.
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Tax refunds are a sign you’re doing it wrong
A big tax refund feels like a win, but it’s actually an interest-free loan you gave the government. Here’s why over-withholding is a costly habit.