Deduction for a small business owner means paying for it with pre-tax dollars. So, if they are in the top marginal tax bracket, they are paying 60-65% cost when factoring in taxes.
How do you figure? The top Federal income tax bracket is 37% for 2021, starting at over $600 K AGI. No FICA at that level (unless you are a tax moron), So how do you get to 60%?
Your comment IS a perfect illustration of how people make irrational decisions when it comes to taxes.
