Employer Tax Deduction

 How do you feel about what is a fair tax rate?  Biblical standards say 10% of income is fair.  Are you convinced that people that study and work hard to make more money should pay a higher tax rate?  Should someone who is more talented or productive pay a higher tax rate?

The bigger issue is should people or companies that provide employment pay higher taxes?  Is it the responsibility of wealthy people to provide jobs?

I propose an employer tax deduction.  I would suggest a tax deduction of three times what is payed as Employer Social Security Taxes.  Why three times?

Typical businesses have expenses equally distributed among wages, supplies and facilities.  A fair profit is recognized as 7% of receipts and Social Security Tax rate is at 6.2%.  This makes Employer Social Security taxes roughly 2.1% of receipts.  To make the fair profit of 7% tax reduced, would require a tax deduction of 3.3 times Social Security Taxes.

Why Social Security Taxes as an employment indicator.  These taxes are proportional to wages but also are capped so paying excessively high wages would not provide extra benefit. 

Also, the amount of employer Social Security Taxes payed is already available without additional record keeping.