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by twiceaday
2127 days ago
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Isn't payroll tax kinda like a 'per employee' corporate tax? In most cases, what is the point of looking at your pre-tax salary? It just seems like creative accounting between the company and the government(s). In most cases, all of the decisions you or your company make around salary deal with take-home pay. Companies must be paying people more specifically to account for payroll taxes. That amount is effectively the corporate per-employee tax. |
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- When there's a rise in payroll tax across the board, I'd be extremely surprised all companies across the board raise their salaries. By default, a payroll tax hike will go out of the employee's cut.
- There are many huge companies whose payroll and profit are largely decoupled (as in, employee salaries are not a great indicator for company profit). Think McDonald's, Amazon, Walmart.