Quote:
Originally Posted by dogzilla
And why is that? If I was self employed I would be paying the full amount. As it is, it's just a hidden tax that my employer pays that is directly tied to my salary. But whether my taxes are over 35% or over 40%, they are still way too high.
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Unless you are also counting the other things that your employer pays elsewhere and are not a part of your w2 as part of your income (health insurance, employer matching for retirement, etc), then you can't also count their tax payments.
And in any case, it has already been shown that regardless, the national average is nowhere near close to 40.
In fact, for federal taxes the national average is at their lowest point since 1950.