Quote:
Originally posted by Greedy,Greedy,Greedy
Sometimes we should change our equation, and social security taxes are a place where we are out of step with the rest of the world and should change the equation on our side.
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How are social security taxes any different from income taxes, which most of our major trading partners have?
The fact that half the tax is "paid" by the employer is not an answer, because economically speaking it's irrelevant. What's more, the VAT is "paid" by the company adding the value at each step of the production process. It's then recovered from consumers at the end.