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This is no panacea, as it also means you have no employer paying Social Security taxes on your behalf, not to mention not getting any employer-provided benefits
by massysett 5y ago
This is no panacea, as it also means you have no employer paying Social Security taxes on your behalf, not to mention not getting any employer-provided benefits either.
- withinboredom 5y agoYou still have to pay SS (at least in the US and NL), it just doesn’t come out of your check every month. In the US, it’s pretty high (15%) IIRC.