�y��vlog

The real figures on the payroll tax liabilities of the America’s plutocrat class are necessarily murky, for reasons we’ll get to in a moment.

Two aspects of the payroll tax are boons for the wealthy.

For households with income of $1 million or more, only about 25% was subject to the payroll tax.

The latter aren’t subject to the payroll tax.

This doesn’t just mean the dollars for paying staff but includes other costs, such as payroll tax and workers compensation insurance.