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by pavlov 301 days ago
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.

1 comments

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.