Ep. 496: Six Feet Under with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Tax on the Employer
When you talk about a tax on business, it has to be paid by somebody. There's no other way it can come from. That's going to provide a source by which the government can spend money that doesn't come from somebody. The part that the employer pays is part of his wage cost. If an employer considers whether it's worth his while to hire an additional worker, he has to consider not only what he pays to the worker but also the extra taxes he will have to pay to the government.
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