4 ms·

You are misinformed. Freelancers pay the exact same social security, Medicare and other taxes as employees. The bookkeeping is slightly different, but the amoun

by ars 7y ago

You are misinformed. Freelancers pay the exact same social security, Medicare and other taxes as employees. The bookkeeping is slightly different, but the amount collected is identical.

jjeaff 7y ago
They pay the same, yes. But they pay all of it. With an employer, the employer pays half and the employee pays half.
- ars 7y ago
  Which is a distinction without a difference since all that happens is the base pay number is different. The take home pay, and the tax paid is identical.