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Post by rabbitreborn on Sept 1, 2020 12:04:22 GMT
Yeah, when something doesn't fit the narrative, just ignore pertinent facts until it does. Personally I think he's taking Qsplaining lessons.
What sort of idiot takes lessons on how to be a moron?
Your arguments are: 1. The employers don’t pay the employer paid payroll tax. And 2. “Rabbit is a moron”. Par for the course.
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Odysseus
Legend
Trump = Disaster
Posts: 41,115
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Post by Odysseus on Sept 1, 2020 12:20:20 GMT
Nope. It’s not part of salary. It’s part of compensation. Salary is salary. I wonder if the health care is included in the video’s calculations of taxation rate for the lower class? In the denominator? Right rabbit, same with vacation days, sick days, a company car and all other employee perks - none have anything to do with compensation Good thing you don't run a business
What Zombie Bunny doesn't get is that these payroll taxes wind up benefiting the employee, regardless of who pays them. He also doesn't get the argument in the video is that the employee winds up paying for all of it, either in direct payroll tax deductions, or indirectly from lower compensation because the employer pays less compensation because the employer knows the taxes he's supposed to pay will reduce his profit. But at least SS and Medicare can't be underfunded like so many private pension plans these days that are going belly up. But you know, the assholes are trying to gut social security anyway, through their #1 Stooge, Trump.
VOTE HIM OUT
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Post by rabbitreborn on Sept 1, 2020 12:43:55 GMT
Right rabbit, same with vacation days, sick days, a company car and all other employee perks - none have anything to do with compensation Good thing you don't run a business
What Zombie Bunny doesn't get is that these payroll taxes wind up benefiting the employee, regardless of who pays them. He also doesn't get the argument in the video is that the employee winds up paying for all of it, either in direct payroll tax deductions, or indirectly from lower compensation because the employer pays less compensation because the employer knows the taxes he's supposed to pay will reduce his profit.
This is not the calculation. Employers don't say "Well, let's pay this guy $70,000. Oh wait. We have to pay ~$5,000 in payroll taxes, so let's just pay him $65,000." The state set the conditions that for every employee, there is a payroll tax based on the employee's salary. So that's just a part of the calculation of cost. They don't pay the employee less in order to compensate for the payment of the payroll taxes. The payroll taxes are a part of the cost burden for hiring somebody. Employers look at the overall cost burden, to include salary, taxes, health insurance, etc. These aren't new. Employers aren't surprised by it during each new hire process. It's a cost that the state put on employers, driven by progressive policy from decades past. And now the argument is that it's "regressive", and that the employer doesn't pay it at all? Shenanigans.
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Post by Fiddler on Sept 1, 2020 12:49:54 GMT
It's not what you may think.
In reality, the most wealthy Americans pay a far less percent of their income in all taxes than the poorest Americans.
But, wut?
Yup.
And when you look at all taxes, our tax system is by no means progressive. It's actually quite flat, with the poorest people paying almost the same percent of their income as the wealthiest - and they pay more than the very most wealthy.
But WUT?
Watch this video to the end, if you dare, then tell me if it's truly fair:
Somehow, it’s just reality that poor people pay the employer’s share of the payroll tax on top of their own individual payroll taxes deducted.
Yes because it's a well known fact that businesses absorb costs rather than pass them along..
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Post by rabbitreborn on Sept 1, 2020 13:12:10 GMT
Somehow, it’s just reality that poor people pay the employer’s share of the payroll tax on top of their own individual payroll taxes deducted.
Yes because it's a well known fact that businesses absorb costs rather than pass them along..
It's a weak argument, unless you're willing to concede that all taxes on business are counter-productive in the long run. Because really? I agree in a way. I'm fond of the idea that businesses don't really pay any taxes, and those costs are passed along to employees and consumers. It's not a perfect argument, but the sentiment isn't absurd. That's fine. But I don't think one can make that argument and also get upset, which many people left-of-center do, when a legislature cuts taxes on businesses. The free market doesn't pass laws for businesses to pay taxes. The government does. The state sets the conditions on taxation that businesses must operate within or face legal liability. The progressives implemented the payroll taxes as part of the New Deal and the Great Society. They didn't want to put all of the tax on the employees, so they put half on the employers as well. So the conditions that employers operate within were set by the state, and new costs of employing people were added by progressive legislation. What should businesses do? Disregard that part of the cost of employing people and lose money? Because then they won't be paying anybody. They will go out of business. In the end, the payroll tax paid by the employer is a cost of doing business. It's a cost added on by the state for businesses to employ people. The employer pays it out of the proceeds that their business generates. Would they pay their employees more if they didn't have that cost? Probably. But that's true if you remove any cost associated with running a business. One can't expect everybody to just accept that this should be added on top of every employee's individual net tax burden.
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Post by william on Sept 1, 2020 13:31:54 GMT
And if the employer didn't have to match them, he would be able to pay the employee more. It's only paid for the employee.
And sure thing rabbit, perks aren't considered as part of a salary package.
Looks like the feds went fishing and caught a rabbit.
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Post by rabbitreborn on Sept 1, 2020 13:42:18 GMT
And if the employer didn't have to match them, he would be able to pay the employee more. It's only paid for the employee. And sure thing rabbit, perks aren't considered as part of a salary package. Looks like the feds went fishing and caught a rabbit. Your argument was that health insurance was a part of salary. It's objectively not. Health insurance is a part of total compensation. I'm unsure why you're continuing down this road. I suppose you might be a masochist.
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Deleted
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Post by Deleted on Sept 1, 2020 13:55:02 GMT
Somehow, it’s just reality that poor people pay the employer’s share of the payroll tax on top of their own individual payroll taxes deducted.
Yes because it's a well known fact that businesses absorb costs rather than pass them along..
That's not at all true. Whether they absorb or pass on is wholly dependent on the elasticity of their prices to the consumer.
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Post by william on Sept 1, 2020 17:21:58 GMT
And if the employer didn't have to match them, he would be able to pay the employee more. It's only paid for the employee. And sure thing rabbit, perks aren't considered as part of a salary package. Looks like the feds went fishing and caught a rabbit. Your argument was that health insurance was a part of salary. It's objectively not. Health insurance is a part of total compensation. I'm unsure why you're continuing down this road. I suppose you might be a masochist. As is the employer contributing to the employee's retirement/disability social security and Medicare. Its all part of the employee's compensation package or income. Too bad that you can't just admit it when you are wrong
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Post by william on Sept 1, 2020 17:23:26 GMT
Yes because it's a well known fact that businesses absorb costs rather than pass them along..
That's not at all true. Whether they absorb or pass on is wholly dependent on the elasticity of their prices to the consumer. Damn, looks like Fidfler went fishing and caught a dumbass aviator.
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Post by rabbitreborn on Sept 1, 2020 17:55:10 GMT
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Odysseus
Legend
Trump = Disaster
Posts: 41,115
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Post by Odysseus on Sept 1, 2020 17:58:08 GMT
That's not at all true. Whether they absorb or pass on is wholly dependent on the elasticity of their prices to the consumer. Damn, looks like Fidfler went fishing and caught a dumbass aviator.
Toss it back; it's no good to anyone.
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Post by william on Sept 1, 2020 18:02:43 GMT
Is the company car considered an income perk?
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Post by rabbitreborn on Sept 1, 2020 18:10:42 GMT
Is the company car considered an income perk? Why are you changing to new scenarios, not addressing your original point that "health insurance is salary!!", while telling me that I'm wrong? Your original assertion was that health insurance is obviously a part of salary. It's not. Salary is salary. Stop embarrassing yourself and your grandfather's name.
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Post by william on Sept 1, 2020 18:27:17 GMT
Is the company car considered an income perk? Why are you changing to new scenarios, not addressing your original point that "health insurance is salary!!", while telling me that I'm wrong? Your original assertion was that health insurance is obviously a part of salary. It's not. Salary is salary. Stop embarrassing yourself and your grandfather's name. Yep, I understand why you won't answer. Keep running rabbit.
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Post by rabbitreborn on Sept 1, 2020 18:34:34 GMT
Why are you changing to new scenarios, not addressing your original point that "health insurance is salary!!", while telling me that I'm wrong? Your original assertion was that health insurance is obviously a part of salary. It's not. Salary is salary. Stop embarrassing yourself and your grandfather's name. Yep, I understand why you won't answer. Keep running rabbit. Running from what? Your new question? What does that have to do with anything? We’re discussing whether health insurance is salary. You say that it is. I say it’s not. And instead of addressing it, you want to ask new questions. Why? If I’m wrong, why are you asking about different things, you nitwit? Lol.
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Odysseus
Legend
Trump = Disaster
Posts: 41,115
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Post by Odysseus on Sept 1, 2020 18:52:09 GMT
Um.
Salary and hourly wages are compensation.
Employer payroll taxes are compensation.
The employer has no choice about payroll tax percentages. It can, however, lower salaries and/or hourly wages to minimize the impact of its required payroll tax obligation on its bottom line.
It is argued that this is what many, if not most, employers do.
So why are some here so resistant to acknowledging that aspect?
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Post by william on Sept 1, 2020 20:36:15 GMT
Um. Salary and hourly wages are compensation. Employer payroll taxes are compensation. The employer has no choice about payroll tax percentages. It can, however, lower salaries and/or hourly wages to minimize the impact of its required payroll tax obligation on its bottom line. It is argued that this is what many, if not most, employers do. So why are some here so resistant to acknowledging that aspect? Rabbit just can't admit it when he says something stupid. Not sure what difference he sees in payroll taxes paid by employers and health-care paid by employers, or the company car paid by the employer.
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Post by rabbitreborn on Sept 1, 2020 20:44:09 GMT
Um. Salary and hourly wages are compensation. Employer payroll taxes are compensation. The employer has no choice about payroll tax percentages. It can, however, lower salaries and/or hourly wages to minimize the impact of its required payroll tax obligation on its bottom line. It is argued that this is what many, if not most, employers do. So why are some here so resistant to acknowledging that aspect? Employers don't "lower salaries and/or hourly wages to minimize the impact of its required payroll tax obligation". That would assume the salaries start higher and then GET "LOWERED". They don't. Because payroll taxes aren't fucking new. Employers don't "lower wages" in response to payroll taxes. The state implemented a cost of hiring employees, and that's factored into the hiring decision and the initial salary. FOR DECADES. THIS IS NOT NEWS TO EMPLOYERS. THEY DON'T SAY "Let's lower our employees wages, because, you know, we forgot about the payroll taxes that we have to pay." The way you guys are discussing this is absurd. You're using "lower" as a verb. As if the employer is taking an action to reduce pay. They're not, because they all know that payroll tax is something they have to pay. It's not new. Nobody's pay is "lowered" in response to payroll taxes. Fuck this is stupid.
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Post by limey² on Sept 1, 2020 23:20:00 GMT
It's not what you may think.
In reality, the most wealthy Americans pay a far less percent of their income in all taxes than the poorest Americans.
But, wut?
Yup.
And when you look at all taxes, our tax system is by no means progressive. It's actually quite flat, with the poorest people paying almost the same percent of their income as the wealthiest - and they pay more than the very most wealthy.
But WUT?
Watch this video to the end, if you dare, then tell me if it's truly fair:
There’s a real doozy starting at about 2:55. Somehow, it’s just reality that poor people pay the employer’s share of the payroll tax on top of their own individual payroll taxes deducted. Here. Just believe that. Yeah. Those 55 hour week workers at Amazon are extraordinarily well rewarded and it's all entirely fair.
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