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The "benefit" portion of that statement is that the employers typically take on a portion of that cost so it's reduced for the employee. Have you ever filed tax
by noxxten 9y ago
The "benefit" portion of that statement is that the employers typically take on a portion of that cost so it's reduced for the employee. Have you ever filed taxes as a freelancer? You nearly pay double because you're both the employer AND employee in that situation... The same goes for other benefits as well like healthcare - There are no group discounts when you're the only one getting coverage.
- zip1234 9y agoThe government provides incentives (tax exemption) for employer provided insurance, which distorts the market. Seems like extending that benefit to freelancers or eliminating it entirely would be extremely helpful. https://www.mercatus.org/publication/tax-exemption-employer-provided-health-insurance https://www.mercatus.org/publication/tax-exemption-employer-...
- mi100hael 9y agoYep, I've been there. Like I said: > You as a contractor just have to factor those additional costs in to your decision-making process when evaluating compensation packages.
- deleted 9y ago[deleted]