Friday, May 29, 2009

The Social Security Scam - Mark Brandly - Mises Institute

The Social Security Scam - Mark Brandly - Mises Institute: "It may seem that employers are paying half of the Social Security taxes, but that's not the case. Even though the employers are legally liable for one-half of the tax, they shift the tax onto workers in the form of lower gross wages. Therefore, the Social Security tax burden, 12.4 percent of each worker's gross pay, falls on workers. Half of this burden is hidden from the workers."

No comments: