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I would be extremely surprised if the “recategorization” you propose was legally possible.
by kgwgk 8y ago
I would be extremely surprised if the “recategorization” you propose was legally possible.
- klipt 8y agoPayroll taxes already exist in several states: https://en.wikipedia.org/wiki/Payroll_tax#United_States https://en.wikipedia.org/wiki/Payroll_tax#United_States and will continue to exist and be perfectly legal unless Congress passes a law against them.
- kgwgk 8y agoThey are special taxes used to fund employment-related things. Why do you think they could be increased significantly and used to fund general spending, replacing income taxes?
- kgwgk 8y agoNevermind, it seems that states are actually trying this work-around (at least NY has introduced something in that direction): https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3089423 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3089423 The Games They Will Play: Tax Games, Roadblocks, and Glitches Under the 2017 Tax Legislation III. STATE GOVERNMENT RESPONSES TO THE SALT DEDUCTION CAP B. Increased Use of Payroll Taxes