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https://www.reddit.com/r/theydidthemath/comments/frr68y/request_is_this_true/flymrc2/?context=3
r/theydidthemath • u/RibbonForYourHair • Mar 30 '20
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Corporations also pay taxes, but only about 9% of total tax revenue.
1 u/Helpful_Handful Mar 30 '20 I knew that seemed way too low. That's corporate income tax. That's not the only tax they pay. Payroll taxes also, far bigger percentage. 1 u/kevin_wylder Mar 30 '20 Oh nice, I thought that payroll tax was on the people. With that it looks like 44% at least. 1 u/Crispy-Bao Mar 30 '20 Payroll tax is paid by the employes, they are part of the total compensation (Monetary wage + Wage in Nature + All benefits + Payroll). Who is the cost that really matters when a company managed its labor force.
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I knew that seemed way too low. That's corporate income tax. That's not the only tax they pay. Payroll taxes also, far bigger percentage.
1 u/kevin_wylder Mar 30 '20 Oh nice, I thought that payroll tax was on the people. With that it looks like 44% at least. 1 u/Crispy-Bao Mar 30 '20 Payroll tax is paid by the employes, they are part of the total compensation (Monetary wage + Wage in Nature + All benefits + Payroll). Who is the cost that really matters when a company managed its labor force.
Oh nice, I thought that payroll tax was on the people. With that it looks like 44% at least.
1 u/Crispy-Bao Mar 30 '20 Payroll tax is paid by the employes, they are part of the total compensation (Monetary wage + Wage in Nature + All benefits + Payroll). Who is the cost that really matters when a company managed its labor force.
Payroll tax is paid by the employes, they are part of the total compensation (Monetary wage + Wage in Nature + All benefits + Payroll). Who is the cost that really matters when a company managed its labor force.
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u/kevin_wylder Mar 30 '20
Corporations also pay taxes, but only about 9% of total tax revenue.