korrents

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Payroll taxes fall mostly on workers rather than employers because labor supply is inelastic.

Drawn from what Samuel Hammond said

hiring
What this subject means

hiring Finding people and judging them: referrals, open calls, contests, and reading the work rather than the CV.

What Samuel Hammond actually said

  1. Samuel Hammond Senior economist at the Foundation for American Innovation
    Employer-side payroll taxes superficially raise hiring costs, yet the low elasticity of labor means most of the burden really falls on workers.

Added to korrents 20 Sept 2026 · How quotes work · Something wrong? Tell us

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