Patrick Bet-David

There's a lot of pressure with this story.

So I want you to be ready for it.

Americans are increasingly saying they won't pay their taxes this year as a political protest.

Here's what could happen to them according to MarketWatch.

Everybody wants to know what Colin thinks.

Hang tight.

Let me read it to you, then I'm coming to you.

Here we go.

When Jovan Granato Gomez completed paperwork for his new job, he carried out an app, an act of protest by checking off one box.

A 25-year-old cook in Phoenix checked exempt on the tax form that tells his employer whether to withhold the money from his paycheck for federal income taxes.

Checking exempt means his employer won't withhold any of his pay for federal taxes, allowing Granado Gomez to keep the money himself instead of paying the money to the Internal Revenue Service to fund government operations that he does not support.

Those include the war in Iran, the Trump administration's immigration crackdown, and what he sees as too little funding for health care and education.

At some point, the only way to get financial release, to start hearing out our pleas, is if we stop paying them the money, he says, this 25-year-old.

People's reasons for wanting to opt out of paying taxes vary.

The war in Iran, immigration arrest by ICE, illegal immigration in the first place, the Epstein files, the military operation in Venezuela, waste, fraud, abuse, and public assistance programs, and so on.

But they all point to fury that bridging the political spectrum.

The failure to pay penalty is 0.5% of unpaid tax, and it builds to 25% the longer the sum goes unpaid.

The failure to file the penalty is 5%, also eventually building to 25%.

And the IRS charges 7% interest on those penalties that compound daily.

Should people pay their taxes or should they protest?