Do Americans “dramatically underestimate” taxes? Not only do more than half of Americans believe they are overtaxed, it turns out that many of us don’t even realize that our employer pays more taxes on top of our payroll deductions. In other words, many Americans don’t realize that your employer is paying an extra price for every worker, money that might otherwise be spent wages, R&D, employee benefits, or investment. I’m just sayin’…
Are you overtaxed? Do you know how much you pay?
August 17, 2012 by Daniel Burton
Filed Under: Tax Policy Tagged With: Barack Obama, Internal Revenue Service, IRS, Payroll Taxes, Rasmussen Reports, Tax, taxes
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