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re: Corporate income tax is borne primarily by labor and workers, research shows.
Posted on 11/8/17 at 2:07 pm to HailHailtoMichigan!
Posted on 11/8/17 at 2:07 pm to HailHailtoMichigan!
My company will absolutely pass a large portion of tax savings on to employees in the form of higher bonuses and pay raises. It's why I am not too concerned about the impact on my personal tax liability from the personal income tax changes.
I happen to think my employer is well above average when it comes to employee compensation and the treatment of its employees in general, but I know for a fact it isn't the only employer who acts like that. Many individuals will benefit from their employer's tax savings. It pisses me off that folks are trying to kill this simply due to partisan leanings.
I happen to think my employer is well above average when it comes to employee compensation and the treatment of its employees in general, but I know for a fact it isn't the only employer who acts like that. Many individuals will benefit from their employer's tax savings. It pisses me off that folks are trying to kill this simply due to partisan leanings.
Posted on 11/8/17 at 2:20 pm to GRTiger
quote:
I happen to think my employer is well above average when it comes to employee compensation and the treatment of its employees in general, but I know for a fact it isn't the only employer who acts like that. Many individuals will benefit from their employer's tax savings. It pisses me off that folks are trying to kill this simply due to partisan leanings.
Every bill has to deal with partisanship. That said, I think there are legitimate fiscal concerns here. $1.7 billion over 10 years is a lot to make up for through alleged growth. And that's assuming we can find a way to come out neutral. Does nothing to address the current deficit level and long-term debt. If this tax cut doesn't live up to its laffer curve expectations, the next generation is gonna be fricked
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