[ridesthemiles]

Don't believe me? Go to your boss and ask to see your line in the personnel budget. That's how much it costs the company to employ you - ergo, that's how much you're making.

Michael- That is how much the BUDGET shows for the cost of having that employee----BUTTTTT- the employee only makes what gross he shows on his income tax return, and he only spends the net paycheck.
The difference is referred to as part of the "overhead" of running a business.
To use your method, then the "employee" should also be charged for the space in the parking lot for his car, the desk, chair, pens, pencils, paper, phone line, and rent space for his desk, the heat, power, etc etc etc.

[Wright is right!]

"Michael- That is how much the BUDGET shows for the cost of having that employee----BUTTTTT- the employee only makes what gross he shows on his income tax return, and he only spends the net paycheck."

Nope, you've fallen for the Great Scam. What you make is what the employer has to shell out. Now, OVERHEAD is a different deal. Overhead is building, utilities, equipment, raw material, debt service, etc. No personnel costs.

I know. I'm an employer. And I employ ME. I pay it all.

Michael