Another example of how big government is bad for an economy.
Most people don't know that when an employer gives and employee a paycheck, they are sending part of their paycheck to the government. There are 'hidden' taxes that employers have to pay, it's not quite as painful for the employee if the employer pays it right? Wrong. Here is an article that describes this in more detail, it's actually interesting. And the figures they use vary by state and can be even worse than they are illustrating (for states like California for example).
http://money.cnn.com/2010/03/26/smallbusiness/employee_costs/index.htm?cnn=yes&hpt=C2
Sunday, March 28, 2010
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