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The self-employment tax is exactly the same as the employment tax your employer pays "for you" in payroll taxes. The numbers may look different to you as in ind
by jccooper 6y ago
The self-employment tax is exactly the same as the employment tax your employer pays "for you" in payroll taxes. The numbers may look different to you as in individual because you don't see the taxes the business is paying for the privileged of employing you, but the tax impact is exactly the same and economically it's a wash.