Re:Don't Lower Corporate Taxes, Abolish Them
by beachstartup on Saturday November 26, 2016 @12:10PM
(#13044654)
employers pay payroll taxes. not the tax that gets taken out of your check -- there's an additional tax they pay for every dollar they pay you.
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Re:Don't Lower Corporate Taxes, Abolish Them
by Sindisil on Saturday November 26, 2016 @12:34PM
(#13044812)
Those taxes are for Medicare and Social Security. That money has to come from somewhere, or those programs fall apart.
Even if other corporate taxes were reduced or eliminated, payroll taxes would need to continue.
Re:Don't Lower Corporate Taxes, Abolish Them
by Godel_unicode on Saturday November 26, 2016 @06:56PM
(#13046769)
> payroll taxes would need to continue.
I believe you mean that the revenue currently generated by payroll taxes would need to continue.