@crookedcapitalism: #stitch with @Kensconsin he took a holistic approach on the total cost #Americans pay into the system, which is the accurate way of looking at this. However, even if we only look at #tax rates, there’s no doubt that the #American system is worse. That’s why we need radical ##taxreform! NOTE: if you’re an employee, you pay half into the payroll tax system, and your employer pays the other half. If you’re self-employed, you bear the full cost but get a deduction for half. It’s a nuanced conversation I couldn’t cover in this video, I was trying to get the point across that the payroll tax is regressive.

George | ProgressiveCPA 🏳️‍🌈
George | ProgressiveCPA 🏳️‍🌈
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Sunday 09 August 2026 16:09:56 GMT
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amy31418003
Apple User229769 :
Or drop the cap on SS tax
2026-08-10 08:24:32
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kensconsinofficial
Kensconsin :
Great info, thank you! You definitely know more about taxes than I do. Our whole system is horrible.
2026-08-10 03:08:53
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