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Transcript of Trump's remarks - rollcall.com

--------- rats everywhere deny any association with this lunatic.

Employers pay payroll taxes, regardless of their legal structure
but you knew that.
#5 | Posted by eberly

You suck at ad-libbing your own right wing talking points.

Who Really Pays Payroll Taxes?
taxfoundation.org

While payroll taxes are legally imposed partially or wholly on employers, employees effectively pay almost the entire tax, instead of splitting the burden with their employers.

This is because tax incidence is not determined by law, but by markets. In fact, the person who is required to pay a tax to the federal government is often different than the person who bears the tax burden. Usually, the marketplace decides how the tax burden is divided between buyers and sellers, based on which party is more sensitive to changes in prices (economists call this "relative price elasticities").
...
Because roughly half of the payroll taxes that fund Social Security and Medicare are paid by employers but borne by workers in the form of lower wages, rather than being fully enumerated on pay stubs, taxpayers may underestimate the true budgetary impact of these social programs.

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