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The government gets the exact same amount of payrolls taxes regardless of classification. The only difference is that employees split the cost 50/50 with their
by 0xffff2 7y ago
The government gets the exact same amount of payrolls taxes regardless of classification. The only difference is that employees split the cost 50/50 with their employer while contractors pay the whole amount out of their own pocket.
Contractors don't pay into unemployment, but they're also not eligible to receive unemployment benefits.