So big corporations withhold money from each of their employees checks for taxes. They find some way to pay the money to government either quarterly or in one lump sum at the end of the year. So what happens with the money while it’s waiting to be paid for the taxes it was drawn for?
Chances are pretty good the money is being re-invested some type of maretable security making 10-12%. I’d imagine that some corporations give a share of it back in the form of a Christmas or performance bonus, or maybe they use it to fund their 401K and other benefit packages. I bet that a lot of places with low paying labor, (Fastfood joints, janitorial companies etc. simply keep it).
I’d be interested to see what really happens to that money.