The Payroll Tax Pinch

In General Interest by Jonathan Tasini0 Comments

To state the obvious, taxes hurt the most vulnerable more than the rich — even if the rich squeal (see: Phill Mickelson). No better example on this point is the payroll tax, which, when most or all of your income comes from wages (as opposed to investment income, which is where most of the wealth and income for the rich comes from), is really felt.