Sales tax approx: 7.5%. Payroll overhead, compliance costs: 23% Average tax burden: 30%. Result: when a firm pays $100 to employ a worker in America, the worker can spend $52 on actual goods and services. The other $48 goes to the State or to waste.
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Replying to @Alrenous
Pathetic - if a well run state decided that was the appropriate long-term revenue maximizing tax burden it would capture it directly Instead we have a state that spreads money around to a truly massive parasite class and performs its functions incompetently or not at all
2:40 AM - 20 May 2018
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