Let's say you live in the US and make $100K/year, and you pay $2K in taxes per month, or $24K in taxes. At a 4% APY, that's $500/year you're missing out on.
This year, I'm withholding $0 in taxes.
I'm setting aside my taxes in my personal account, collecting interest. If the IRS is still around, I'll pay them in 2026. If the IRS isn't still around, then I keep that money. :D
hollyhoppet wrote (edited )
even if the us were to begin a process of balkanization, the irs is how the federal government extracts value from its citizens, so i imagine it'll be the last to go. in many empires, one of the last bodies to stick around has been the tax collecting arm, long after any actually useful offices are closed.
even the ottoman empire, whos dissolution was pretty fast, took about ten years from what is considered the start of its dissolution. the mongol empire, considered to have begun collapsing after kublai khan's death, stuck around for several decades, and that was also considered relatively quick