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If Employer Pays my Tax, is this Considered Income? [Video]

If Employer Pays my Tax, is this Considered Income?

If your employer pays your taxes for you, do you still owe tax?
Yes.

Taxes paid on your behalf constitute taxable income to you.

Thus, if you owe $30,000 of federal income tax and your employer pays the bill, you’ll be treated as having an additional $30,000 of taxable income.

And you’ll have to pay tax on that $30,000.

Thus, you have a tax upon a tax.

Can that possibly be constitutional?

In 1929, the Supreme Court said yes in the case Old Colony Trust Company.

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