Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

They give back by paying taxes.

Like i think the intended path here is that taxes pay for a library, a park, or a community center. Having random businesses create hang out spots out of the goodness of their heart is not the intended path. They can if it makes sense for their business, but community needs should be primarily funded through taxes not business charity.



Would make sense, your reasoning, if they actually paid taxes. Unfortunately everything is very broken on that front, labor pays much higher taxes than corporations, the richest don't pay taxes at all, and the shortfall is plugged by cutting public services and issuing debt on what remains.


The comment thread is about a McDonalds franchise owner. They are not going to be committing Apple-level tax evasion. They will be paying taxes like everyone else.


Not “like everyone else”. In comparison to an employee, a business owner has a vast array of tools available to them to limit taxes.


Income tax on employees is a tax on the business


That's right, if my income gets taxed more, it's my employer that could default on his mortgage.


You are being sarcastic, but yes that is indeed how it works.

Increased payroll taxes increases expenses for the business and if expenses increase enough business will go under.

Wage taxes suck for the employee, but they are not the only party affected.


> Increased payroll taxes increases expenses for the business

The amount of disconnect from reality is staggering.


Only yesterday some people on here were trying to convince me that taxes were literally like slavery for rich people!


If it’s that bad for wealthy folks, imagine the impact on everyone else.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: