Stop Taxing American Labor
Why penalize employers for having workers? All the income and social security taxes an employee pays on wages comes from the employer. The employer must also pay his share of the worker’s Social Security. Then there are unemployment taxes and workman’s compensation taxes because he employs workers. At least two thirds of our nation’s income is derived from taxes on American Labor.
How does the employer come up with enough money to cover these expenses. Obviously, it is included in the prices charged for what he sells. Most all of our income taxes are in reality sales taxes, but only on goods and services produced by American Labor.
Imports, outsourced jobs, and industries that are not labor intensive do not contribute their share to our country’s well being. They would contribute if we replaced our present income and social security taxes with a non-regressive sales tax. The Fair Tax bill, now in congress, would only tax purchases over the poverty level.
Getting rid of our present taxes on labor would lower the cost of hiring American workers and lower the prices of our exports. A tax funded health insurance program would relieve employers of this expense and make us even more competitive in a global economy.
Ralph R. Layman Sr.
6205 Mineral Point Road
Madison, WI 53705