My wife had it happen to her today.
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However, if everyone pays ... it's a huge hit to our econonmy. Think about Agenda 21.
How is it a huge hit to the economy? As was posted above, either you pay the taxes you owe throughout the year (ie more money taken from every paycheck), or you pay the taxes you owe when you file your tax return next year (ie less money taken from every paycheck)? Either way, the economy does not care. People may be pissed when they file their return in 2022 because they owe money instead of getting a return, but that just means they took home more money throughout the year in 2021. 2022 first quarter GDP may not be as high as it could've been, but likely 1st, 2nd, 3rd and 4th quarter GDP of 2021 was an equal amount higher than it should've been.
TL;DR - total nothing burger to anyone who actually manages their money to any fraction of a degree.
A lot of people function paycheck to paycheck and are counting on a tax return. Hit them with an unexpected tax debt instead and they're screwed for awhile.
Sure. That's why I said it means nothing to those who are able to manage their money. You'd hope those people living paycheck to paycheck would recognize their paycheck is a couple hundred dollars higher than normal. Still don't see what effect it has on the economy. They'll either spend the money now and owe it later, or pay it now and spend it later.