UK Wants All Paychecks To Go to Government

Will Obama And The Democrats Try This?

Her Majesty's Revenue and Customs (HMRC) 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.  If the real-time information plan works, it further proposes that employers hand over employee salaries to the government first.

Currently employers withhold tax and pay the government, providing information at the end of the year, a system known 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. "The next step could be to use (real-time) information as the basis for centralizing the calculation and deduction of tax," HMRC said in a July discussion paper.

“This document contains a lot of good ideas. But the idea that HMRC should be trusted with the gross pay of employees is not one of them," Richard Baron, Head of Taxation at the IoD, said in the release.

Will the socialists Barack Hussein Obama and Democrats try something like this?  They want control of your money.  This would certainly give them that control.  Do you want your money going to the federal government and letting them decide how much of YOUR money they will keep and you will get?

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