Re:Note from Mark Zuckerberg
by geofft on Wednesday April 27, 2016 @08:39PM
(#11585818)
If you want to work so hard that you can leave significant money for your employees, the government taxes that twice: once when it goes to the business, and once when it goes to the employees. Why are children different?
[ Parent
| on HN ]
Well, not in the US. The money paid to employees is tax-deductible to the business, so it's only taxed once (the employee pays taxes on the money paid to them, but the business doesn't.)
Re:Note from Mark Zuckerberg
by themartorana on Wednesday April 27, 2016 @09:01PM
(#11585897)
I am failing to see where - salaries are write-offs, and sales tax, which doesn't necessarily apply to all situations, are a tax on the buyer, not the recipient...
What am I missing?
Re:Note from Mark Zuckerberg
by KZeillmann on Wednesday April 27, 2016 @09:13PM
(#11585945)
Except that you can write off salaries.