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I've never understood why there's a split between what taxes get paid by your employer and what taxes get paid by the employee - in the end, the employer pays a
by eptcyka 6y ago
I've never understood why there's a split between what taxes get paid by your employer and what taxes get paid by the employee - in the end, the employer pays all of them anyway. I'd like to know exactly how much money an employer would have to pay for a given amount of money landing in my bank account in a given time period.
- pnutjam 6y agoAs long as there is a hidden "benefits tax" that varies wildly from company to company, it doesn't matter. It's crazy to try to compare offers in the US.
- brianwawok 6y agoYou can figure it out with a basic Algebra calculation. Not that hard. But I doubt any employee is comparing your offer on that. They are going on the top line number.
- benhurmarcel 6y agoThe reason is politics. It's easier to raise taxes that are invisible to voters.
- belval 6y agoIt's also a very strong lever that is not very well understood by the general public and can be used to stimulate growth in a particular area without sounding like the government is subsidizing the industry directly. For example in Quebec the government waves a sizable chunk of taxes if the employee works on "research". With research being voluntarily defined very loosely so video game development falls into that category. The goal was to draw Ubisoft, EA, Unity, etc... in Montreal.
- rags2riches 6y agoIf you just look at the present state of things, the split doesn't make much sense. Instead, consider the choice of legislators that are about to change taxes on already existing employment agreements. There are two sides to each employment and affecting one is not the same as affecting the other.