[Pietro]

Are you aware that employers match an employees SS tax? That is every nickle thats taken from you for FICA is matched by the employer.

Furthermore, the cost of a product incorprates far more than just labor, and every sub section and subcomponent is taxed at every step. Those taxes add to the total cost of the product.

[RobFromGa]

Are you aware that employers match an employees SS tax? That is every nickle thats taken from you for FICA is matched by the employer.

Yes well aware of it, it is 7.65% on the first $90,000 of wage income for each W2 employee. Search FR for Open Letter Linder and read my first letter of Aug 22, it is all in there.

[Always Right]

Are you aware that employers match an employees SS tax? That is every nickle thats taken from you for FICA is matched by the employer.

Yes, he is quite aware of that. That amounts to $348 Billion and makes up about 3-4% of all the costs of goods and services in our economy. Adding another $194 Billion for corporate tax, makes about $542 Billion in taxes that businesses pay. That is between 5-6% of the costs of all goods and services. The problem is, 5-6% is not 20%, which you can only get close to if you include all the taxes paid by individuals.