I was wondering about the payroll tax - more precisely, why does it still exist?
It seems as though it discourages hiring by increasing the marginal cost of workers and it also disproportionately costs poorer workers more money. I can't think of a worse way to raise government revenue in a recession.
Do you think that a carbon tax, VAT, or some other tax regime would be better?
r35pawn29 karma
Thanks for doing this!
I was wondering about the payroll tax - more precisely, why does it still exist?
It seems as though it discourages hiring by increasing the marginal cost of workers and it also disproportionately costs poorer workers more money. I can't think of a worse way to raise government revenue in a recession.
Do you think that a carbon tax, VAT, or some other tax regime would be better?
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