Want to know why sensible working people fear the power of big government? Look no further than this stunning proposal by the British government revenue agency:
The UK’s tax collection agency is putting forth a proposal that all employers send employee paychecks to the government, after which the government would deduct what it deems as the appropriate tax and pay the employees by bank transfer.
The proposal by Her Majesty’s Revenue and Customs (HMRC) stresses the need for employers to provide real-time information to the government so that it can monitor all payments and make a better assessment of whether the correct tax is being paid.
Currently employers withhold tax and pay the government, providing information at the end of the year, a system know as Pay as You Earn (PAYE). There is no option for those employees to refuse withholding and individually file a tax return at the end of the year.
If the real-time information plan works, it further proposes that employers hand over employee salaries to the government first. (emphasis added)
So simple … and yet so draconian. What could possibly go wrong?
Even though the centralized deductions proposal would provide much-needed oversight, there are some major concerns, George Bull, head of Tax at Baker Tilly, told CNBC.com.
“If HMRC has direct access to employees’ bank accounts and makes a mistake, people are going to feel very exposed and vulnerable,” Bull said.
And the chance of widespread mistakes could be high, according to Bull. HMRC does not have a good track record of handling large computer systems and has suffered high-profile errors with data, he said.
The system would be massive in terms of data management, larger than a recent attempt to centralize the National Health Service’s data, which was later scrapped, Bull said.
If there’s a mistake and the HMRC collects too much money, the difficulty of getting it back could be high with repayments of tax taking weeks or months, he said.
Or never returned at all.
When the government has grown so big and so dependent on tax revenue that it believes that it deserves your income ahead of you, something is terribly, horribly wrong.
Of course this is what socialists and progressives really want, because it gives the government ultimate control over the confiscation and redistribution of private wealth.
And your rights as an individual? Zero. Zip. Nada.
“Smith! … 6079 Smith W! Yes, you! Bend lower, please! You can do better than that. You’re not trying. Lower, please! That’s better, comrade.”
Just another reason why the current clique of over-educated socialist intellectuals currently running our government needs to be turned out post haste, and replaced with people who respect individual liberty and the right to earn and save one’s own wealth.