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Not necessarily, salaried employees have other benefits that the self-employed simply do not have, such as health care, retirement plans, bonuses, guaranteed in
by mtberatwork 11y ago
Not necessarily, salaried employees have other benefits that the self-employed simply do not have, such as health care, retirement plans, bonuses, guaranteed income, etc. Furthermore salaried employees do not have to pay self-employment taxes, gross receipts taxes, property taxes, business insurance and the whole bucket load of expenses that businesses need to pay which effectively lowers the hourly-rate of the self-employed.