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Would make sense, your reasoning, if they actually paid taxes. Unfortunately everything is very broken on that front, labor pays much higher taxes than corporat
by andrepd 1y ago
Would make sense, your reasoning, if they actually paid taxes. Unfortunately everything is very broken on that front, labor pays much higher taxes than corporations, the richest don't pay taxes at all, and the shortfall is plugged by cutting public services and issuing debt on what remains.
- fn-mote 1y agoThe comment thread is about a McDonalds franchise owner. They are not going to be committing Apple-level tax evasion. They will be paying taxes like everyone else.
- anon7725 1y agoNot “like everyone else”. In comparison to an employee, a business owner has a vast array of tools available to them to limit taxes.
- bawolff 1y agoIncome tax on employees is a tax on the business
- exe34 1y agoThat's right, if my income gets taxed more, it's my employer that could default on his mortgage.
- bawolff 1y agoYou are being sarcastic, but yes that is indeed how it works. Increased payroll taxes increases expenses for the business and if expenses increase enough business will go under. Wage taxes suck for the employee, but they are not the only party affected.
- exe34 1y ago> Increased payroll taxes increases expenses for the business The amount of disconnect from reality is staggering.