My money is not fungible with my employer's money. Money being fungible does not mean I get to use your money.
It means that you paying taxes on your pay is equivalent to your employer paying taxes on your pay. If you shift taxes to the employer, then they will reduce your pay accordingly.
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It means that you paying taxes on your pay is equivalent to your employer paying taxes on your pay. If you shift taxes to the employer, then they will reduce your pay accordingly.