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Mr. Bacon (tony@clew.lol)'s status on Tuesday, 25-Jul-2023 06:41:33 JST Mr. Bacon
*pays 12% income tax on employee wages + standard taxes + personal income taxes on owner equity
It’s about 15-25% of wages (the overhead a business owners pay).
Without benefits, depending on industry a 100k employee costs the business about 115-125k just to employ them + their wage.