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by anon7725 307 days ago
Not “like everyone else”. In comparison to an employee, a business owner has a vast array of tools available to them to limit taxes.
1 comments

Income tax on employees is a tax on the business
That's right, if my income gets taxed more, it's my employer that could default on his mortgage.
You 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.

> Increased payroll taxes increases expenses for the business

The amount of disconnect from reality is staggering.