![Anon on Taxes [1440x2065 - 387KB]](https://pic8.co/sh/FjIUld.png){kind=link}
I pay 35% right off the hop if I want to work self employed. Another 30% if I want Workers Compensation. Then I get to pay 5-13% tax on anything I buy. There is very little I could spend my money on without being taxed at minimum 40%.
I pay 35% right off the hop if I want to work self employed.
Then you make more than $600,000 or so, because even someone making $600,000 pays 32% for income tax, and another 1% for FICA.
Wrong....and you are defending this way too much. Self employed they take over 30% total even if you don't make a lot. Then all the other taxes you pay they end up with well over 50%.
It's an income tax. You pay the same rate no matter where your income comes from. There's no higher income tax for self-employed. You will have to pay the employer portion of FICA taxes, though. That's about 15.1%. If you're getting 30% deducted from your check you're withholding too much. The biggest sign that you're withholding too much is getting a refund when you file your taxes.
Correcting people's misinformation isn't defending. If you post on here that the sun rises in the west and I correct you, I'm not defending sunrises.
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