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US vs. UK & Australian jobs 4 Comments More | Login | Reply /

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  • Cheating Bastards? (Score:1)

    by emdee (3809) on 2005.11.10 1:15 (#44424)
    It's far more complex then that. The American tax system actually discourages employment. Businesses are compelled to hire their talent for as little as possible because of the high taxation overhead tied to salary. It's one of the primary reasons for job exportation. As the salary arbitrage (especially in India, currently) decreases jobs continue to transfer. Clearly there is more to it then the common cries of dirt cheap labor.
    • P.S... Catalyst IS hot. Really hot.
    • Regardless of payroll taxes, companies will always try to pay their workers as little as possible. That is the most straightforward way to increase profits, after all.

      Also, I must be misunderstanding your post in some way, because you seem to suggest that taxes are lower in the UK than in the US.

      • I don't think that's what was meant. In the US, our taxes are so mind-bogglingly complicated that no two tax experts get the same result on a moderately complicated return. Companies who hire people still have to deal with a bunch of little, niggling taxes being calculated, deducted from the paycheck and sent 'round to the proper offices. Right now I'm subject to withholding for federal, social security (which the employer pays half of), medicare and state taxes. If you think of medical insurance as a t

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