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by Larrikin 309 days ago
>SpaceX presumably pays plenty of other taxes

Do you have any evidence of this?

1 comments

You think they don’t pay payroll tax, sales tax, or property tax?

Operating a business means consuming and producing things, which involves paying taxes.

Payroll tax is paid by the employees, not the company.

As for property tax, didn’t SpaceX move to its remote Texas location (“Starbase”) specifically to avoid taxes and regulations and to run its own company town.

False, payroll taxes are split.

And Texas is famous for its property taxes.

Also false, SS and Medicare taxes are split, but federal income tax is not, with the latter typically being higher.
Most Americans pay more in payroll taxes than income tax:

https://taxfoundation.org/taxedu/glossary/payroll-tax/

Income tax is not payroll tax.