A elementary school student could understan this article. Maybe you can as well.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
An elementary school student would read that and be fooled until they learned the real truth later on in life. It’s the difference between theory and reality.
Let me educate you one more time. Other states may vary but here in Minnesota and every other state in which I hired people this applies;
An employee pays half of the SS bill. The employer pays the other half. The employee gets all the benefits, the employer gets none.
An employee pays NONE of the Unemployment Insurance bill.
The employee gets all the benefits, the employer gets none.
An employee pays NONE of the Workers Comp bill.
The employee gets all the benefits, the employer gets none.
Employees are a commodity. They get paid what the market will bear. Simple as that.
You do realize that state laws do not apply to SS? The people your hired had to be worth, to your business, at least every cent it cost to employee them which include wages, taxes, and benefits. All of them. You had a number that included the entire package. They may be paid $10/hr but you knew that the total number was more like $15. If they were not worth at least $15 you where a fool for hiring them because you would lose money. They employee earned the $15 not the $10.
Only a socialist believes the in free money. As in I get a free social security match. Do you also beleive that a matching 401k contribution by an employer is also unearned money that the employee gets for free?