“The employee pays 100% of his social security taxes. The government hides this fact by having it appear that his employer picks up 50%.”
Not true. The employer does pay 50%.
How you figure they do not stems from a totally inaccurate understanding of the matter.
I imagine you are trying to say the employer does not pay their half of social security, the government does, because what the employer pays in FICA taxes is a business expense tax deduction - AS IS ALL EMPLOYEE COMPENSATION.
1. Your argument would imply the employer does not actually pay the salaries or any other form of employee compensation, because the employees salaries are also a business expense tax deduction. Nonsense.
2. Business expense tax deductions, just like individual itemized deductions are NOT one for one - expense tax deduction, dollar of tax reduced. No, that’s not it. They directly reduce the taxable portion of income, not directly the amount of the tax.
I think you are confused.
I am an overall expense to you that I don’t get to see but my labor is worth to you that entire expense. This means that I am the reason you incurred the cost of having me as an employee. My labor is paying for what you budget for hiring me. That my paycheck shows me my supposed contribution to social security, it hides the fact that you contribute just as much as part of your cost of having me work for you. I pay ALL of it with my labor.