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> And for a couple with good jobs and without kids taxes bite really hard, purchasing power is not the one expected from top earners. Add rising mandatory medic
by mgh95 2y ago
> And for a couple with good jobs and without kids taxes bite really hard, purchasing power is not the one expected from top earners. Add rising mandatory medical and retirement insurance costs. This is just not good.
About this, as I try to hire employees, I absolutely hate our tax code. DCAP is painfully low (5k). I really wish we could find a way to allow employers to offer pretax benefits and directly provide childcare as a fringe benefit.
But you're 100% right, mandatory take a maximum chunk and workers should have lower taxes.