“This arrangement helps to hide from the employee the true amount of social security taxes being stolen from HIS labor c
contribution to the employer.”
If employees don’t know employers pay social security taxes equal to theirs, that is due to there own self-imposed ignorance and no it is not being “stolen” from “their labor”.
We are talking about social security cost to the employee, not all the other cost associated with operating a business. It is the individual employee who receives social security benefits at retirement, not his employer. These benefits come at a cost to that employee, half of which is misrepresented to him as being paid on his behalf by his employer. This is purposeful dishonesty as without his labor, there are no social security taxes generated and this PARTICULAR cost to the employer disappears. The entire cost relative to social security exist because of the employee’s Labor. His labor triggers this and pays the entire cost.