Clifford Thies: Productivity, Compensation, and Taxation
For most employees, total compensation usually far exceeds wage compensation. "For high-wage people . . . this is a good deal because you don't pay taxes on these benefits," says Professor Clifford Thies of Shenandoah University. "But if you're a low-wage worker, this is not such a good deal. You're in a low bracket to begin with, and you may be interested in receiving cash wages rather than benefits, so I have some sympathy to the exasperation on the part of low-income Americans about their paycheck."