Quote:
Originally Posted by John F
That is an interesting way to look at it. 
I don't recall employers saying they pay the income tax (here in the U.S.). They withold it from ones paycheck. None of my employers has ever given me money to pay my income tax. The next time when I do my taxes, and I end up owing more then was witheld, I'll be sure to make sure my employer gives me the money.  |
It is splitting hairs, really. What really generates wealth out of thin air is the labor of the laborers, both physical and mentally. Those that create the wealth, for others, are also the ones being allowed the burden to pay the price, in taxes. If it is a company, income tax only applies to the profit portion, when it comes to individuals, the whole revenue spent, and unspent, gets taxed twice, once when earning, another time when spending. Grossly unfair.
ETA: You are paying the owed taxes from the money the employer gave you, just directly out of the pot they didn't withheld at payroll, the part they gave you to hang yourself by going into bad debt if living paycheck to paycheck, or worse. A much too common thing in the US, other countries probably just as well, maybe not as bad.