Like, if its collapsed, do I file? Do I even have to?
I am most certainly going to pay my state tax, but then what? What about stuff like my social security funds?
(I am asking for others because we’re at that point now I suppose)
To be fair, if you’re a W-2 employee, they already have your money from withholding. So it’s not like you’re taking dollars from the irs by not filing your return, it just means you don’t get your rebate.
And to add, you can file a year later for the rebate. I think it’s four previous years? Someone correct me if I’m wrong though.
Rest assured, you will be paying taxes to somebody until the day you die.
Not if you’re a billionaire with an electric car company.
Do people really think the US state and its monopoly on violence is going to collapse in the foreseeable future?
The US has been run by oligarchs since its formation as a bourgeois state after its bourgeois revolution (previously). That this is more nakedly obvious this week than last doesn’t really change that fact.
Every nation in the world is a capitalist oligarchy if you haven’t noticed. Every state is evil.
The only way to fix it, is to abolish statism worldwide.
I’ve noticed that they are not all capitalist oligarchies, actually, though most currently are.
We would also like to ultimately abolish the state, though you and I might not mean precisely the same thing by “state.”
No, not every nation is Capialist. That’s a misunderstanding of what Capitalism is or a redefinition of it to the point of uselessness as it becomes over-applied.
@doomsdayrs Since Trump is trying to kill the income tax by reassigning all IRS agents to the border, my guess is that - when the U.S. government collapses under the weight of sheer stupidity - you won’t have to file on time.
But after the chaos settles down, it will depend on who ends up in control.
After the chaos settles down a whole lot of people are going to be dead. Taxes are the last thing to worry about in this scenario.
You cannot escape the tax person.
They will come to you, either in suits, or in military uniforms. And they will collect what you legally owe to them.
(If the civillian government falls, the military will just take over and rule under martial law)
IRS has plans listed for an apocalyptic event (basically they need to continue tax collection within 48 hours), but they do work for the government. Without the government; you wouldn’t need to pay taxes; but it would be the least of your concerns.
You are assuming you will still have a job, or that US dollars will still have value.
if you think it’s all likely to fall apart soon, file asap if you’re expecting to get money back, but put it off as long as possible if you’re gonna have to pay them more. if the government is going down, might as well get your piece of it while you can.
And pay with what? Would the dollar still even exist?
Why bother? Money that’s sent will go to their defense efforts against our revolutionaries so if you’re on their side feel free. If not keep it and buy your own ammo for protection from invasion
If the government collapses, you’re gunna have much worse things to worry about than taxes.
Yes even if you are dead you have to file taxes
So that’s why it’s death and taxes, not taxes and death.
Jokes aside, the IRS actually has contingency plans to continue collecting taxes in the event of an apocalypse, so yes probably.
Im not sure what you mean by we are at this point. The government will be collapsed to that level when it lacks the beuracracy and then you would not be getting the witholding done on your paycheck because there would be no system to do so. Alternatively if the government loses the capability of enforcing it that would let you get away with it. If the withholding is going on and if your not relatively rich, then odds are doing your taxes results in a refund.