How many of you pay in the max on your taxes?

Tweet

I was having a discussion with my finance professor, and he pointed out the fact that what we do is give the IRS our money throughout the year as an interest free loan. If you knew that you were investing in a company and they didn't give you any interest or stake in that company, would you still invest your money? Don't you think that it's more financially intelligent that if you don't need the money that you're paying in to the IRS every week, that you could change your taxes to keep the max amount of your money, and then take that same amount and invest it in an interest earning savings account or similar account? Let's also say that you pay in the max every week, but you're struggling on your bills, you're using credit cards to survive, and you're waiting on your tax return just to pay off the bills. Doesn't it seem smarter to get more money throughout the year, have your bills paid on time, not have to use credit cards and pay the 10-18% interest? As I just said, INTEREST. See, when some one let's you borrow $100, you have to pay them back either $110-$118? Has anyone else thought about the taxes this way? Now knowing this perspective on taxes, will it change your mind on how you'll file in the future?