You have to pay quarterly if your withholding doesn't match you tax burdon. That's oversimplified but in general you cannot wait till tax day or else everyone would. You would just self withhold, leave the cash in a safe money market fund and make 4% on it till tax day.
pineapple_pizza
joined 2 years ago
Tbh one of my main takeaways from this presidency is that states send too much money to the federal gov and have to ask for it back. It feels like having more local control of how these dollars are spent would maybe even be bi partisan.
Cause all the real doctors are on tiktok
\s
Sure, I think their point was just that this is different than cash. If you start selling a bunch of stock to buy things, this would impact the value of your remaining stock negatively. How negatively is pretty hard to predict, but I imagine trying to liquidate that would net far less than half a trillion.
Wait, so ice didn't look in prisons for actual convicted criminals? Lol
That guy you met at a party that has a "killer app idea" Lol jk, probably not even him
I don't see how. He doesn't have the same grip on the party and thus Congress wouldn't let him get away with as much
Time is bad for you
Just to add to this. I've noticed some of my co workers who have developing English skills sound like LLMs sometimes. I imagine this is probably because they've only wrote English in a school or work setting and never for personal communication.
...or maybe they're all just using LLMs idk
Tbh a financial disaster might be the only thing to get republicans in Congress to impeach this guy. Major job losses and equity losses would make it super easy to save face and blame the guy in charge.
Not that I want that to happen, but it could be a silver lining if it did
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On second thought. Pretty sure you need to withhold too, otherwise you just do the same thing per quarter. If someone knows, please let me know so I can turn off withholding lol