Reply #29: Taxation without Representation [View All]

I'll go for it. But I don't think millions would. What you would have to do is take a bunch of credits (deductions) on your payroll, then not pay up at the end of the year. But they would slap liens on you so fast it would make your head swing. Couldn't sell your house, nothing. Not only would you have the Feds after you, but the State too.

On the other hand, can you imagine say, if everyone just stopped paying on their credit cards, I mean, just stopped?

However, I understand that Australia right now has a really good interest rate on savings accounts, I think I read it was 7.5 %. Maybe moving money around to say Australia or even Mexico, whose rate is about 15 % on a savings account. Course, these places aren't federally insured, so it's a wild gamble.