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Article #444Re: Incidence of payroll-deducted taxes
From: George Dainis
Date: Thu, 28 Dec 1995 00:00
Date: Thu, 28 Dec 1995 00:00
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2672 bytes
In article <GREENEG.95Dec22140325@dali.cs.unc.edu>, greeneg@dali.cs.unc.edu� says... >ALL of the cost of ALL payroll-deducted taxes is paid by the >employEr. ALL of it. NONE of that money EVER goes to ANY employeE, >so since he never had it in the first place, how can he have paid it? What a bizarre concept! Under your reasoning, when my employer deposits my paycheck directly to my bank account, while my bank simultaneously deducts my mortgage payment, you would rationalize that I didn't pay my mortgage? >But American wage-earners DON'T PAY income tax, social security, >or ANY other payroll-deducted tax. Their employers pay them, and they >only have to pay them as a penalty for hiring people. So when I pay social security on my outside income, or when I have to pay additional taxes due to under withholding from my primary employer (again, due to outside income), I'm suddenly transformed from one state of taxation to another? >Incidence of all taxes generally is a research topic in economics. >Incidence, where the tax ultimately falls, is what ultimately counts, >with respect to all taxes. But most voters don't even understand >the meaning of the term. Most pariticipants in this discussion didn't >either, when I re-introduced it. I would be very careful about generalizations interpreting "disagreeing vehemently with" with "not understanding".
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X-Google-Language: ENGLISH,ASCII X-Google-Thread: 104eff,51bcef2ffa437c30 X-Google-Attributes: gid104eff,public X-Google-Thread: ffe14,51bcef2ffa437c30 X-Google-Attributes: gidffe14,public X-Google-Thread: fa7f5,51bcef2ffa437c30 X-Google-Attributes: gidfa7f5,public X-Google-Thread: 10dda6,51bcef2ffa437c30 X-Google-Attributes: gid10dda6,public X-Google-Thread: 105ecf,51bcef2ffa437c30 X-Google-Attributes: gid105ecf,public X-Google-Thread: 10d662,fe496bb546a1da4c X-Google-Attributes: gid10d662,public X-Google-Thread: 104158,51bcef2ffa437c30 X-Google-Attributes: gid104158,public X-Google-Thread: 105dfd,51bcef2ffa437c30 X-Google-Attributes: gid105dfd,public From: gad@argo.net (George Dainis) Subject: Re: Incidence of payroll-deducted taxes Date: 1995/12/28 Message-ID: <DKA1LE.4q2@argo.net> X-Deja-AN: 123018842 sender: news@argo.net references: <490s4o$eku@nexus.coast.net> <499sg8$elm@villa.fc.net> <GREENEG.95Dec22140325@dali.cs.unc.edu> content-type: Text/Plain; charset=ISO-8859-1 organization: Argo Communications mime-version: 1.0 newsgroups: mi.misc,alt.politics.usa.misc,alt.activism,talk.politics.misc,ca.politics,dc.politics,ne.politics,nj.politics,pa.politics,triangle.politics,misc.taxes,ny.politics