alt Hacker NewsNo. The reason that self-employed don't like payroll tax is that they have to pay both sides of it, so it seems like more than they paid as employees.
No. The reason that self-employed don't like payroll tax is that they have to pay both sides of it, so it seems like more than they paid as employees.
I am self-employed and have been since 2007-ish and while paying "both sides" is the downside, there are soooooo many upsides to being self-employed (especially since the Trump tax sh#t has been enacted and especially if you are setup as S-Corp) that I seriously* do not mind paying both sides at all.*