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What is the rationale for the lower tax rate? I'm mostly curious because in the US it is somewhat the opposite - employers are required to pay a tax for every
by russell_h 12y ago
What is the rationale for the lower tax rate?
I'm mostly curious because in the US it is somewhat the opposite - employers are required to pay a tax for every employee, so if you are self-employed your tax rate actually goes up.
- davidgerard 12y agoBecause they pay your umbrella company, something something corporate magic. I think the real reason is that the tax system is biased to the already well off.
- tlarkworthy 12y agoyeah, you get the money out the umbrella company via dividends rather than salary.