I live in USA. I am working for a small company that has around 35 employees, that is owned by one person (my employer).
My employer pays taxes on the income generated by the company, pays my salary, and keeps the remaining money with him.
As my employer is already paying taxes on the money and is paying the same money to us, why would I pay taxes on the same money every year? Is there a way that I can avoid paying taxes in this scenario?
I mean why is tax being paid on the same money multiple times?