351
you are viewing a single comment's thread
view the rest of the comments
[-] surewhynotlem@lemmy.world 1 points 1 year ago

But the end result is the same. You don't "make 50k, and lose 15k to taxes", you just make 35k. That's is. That's what you make. If you want more, talk to your employer.

[-] teejay@lemmy.world 1 points 1 year ago* (last edited 1 year ago)

But the end result is the same. You don’t “make 50k, and lose 15k to taxes”, you just make 35k. That’s is. That’s what you make. If you want more, talk to your employer.

No, that's exactly what happens. Have you ever filed a tax return? We're not debating subjective interpretation here. You make a gross income that is then taxed by the government. The income tax that the government takes is taken from your gross income.

Your employer is taxed on your income by "Payroll tax", which is a tax against the employer and is not income tax:

Payroll taxes include amounts paid by both the employee and the employer to cover any federal taxes due, while income taxes specifically refer to the amount owed by the employee to cover their individual federal income taxes owed.

Source. I'm not trying to be pedantic -- in your original post, you said "Income tax is just a fine charged on the company for having employees" which is objectively not true. Income tax != payroll tax.

[-] surewhynotlem@lemmy.world 0 points 1 year ago

Yes, you're 100% factually correct. However, it's not useful to complain about an income tax because society benefits from those services. Fundamentally, if you're unhappy with your take home, you need to complain about your salary. And to accept that, you need to make the mental switch to believing that your pre-tax income is not actually your income.

this post was submitted on 21 Oct 2023
351 points (99.7% liked)

News

23517 readers
5706 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 2 years ago
MODERATORS