4 ms·
looks like they will do anything to avoid paying their employees properly
by phelm 5y ago
looks like they will do anything to avoid paying their employees properly
- gruez 5y agoI suspect it's not because of some nefarious plan to "avoid paying their employees properly" but rather it's more tax efficient to pay for their employees' education (because the compensation isn't subject to payroll tax?).
- adventured 5y agoThat's correct. Amazon can deduct the education benefit as a business expense and up to $5,250 is not subject to payroll tax. Neither the employee nor Amazon have to pay taxes on anything up to that sum. Given the continuing-to-soar cost of education, I'd expect Congress to considerably increase that number. People will increasingly get chained to jobs for education cost reasons like they already are for healthcare cost reasons.