15% tax rate, no SS, no medicare, hehe...
What's the fair rate for different income groups? I think in a perfect system, the tax rates for different groups should keep the difference between the richest and poorest steady.
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Nothing wrong for not paying SSN tax, as long as they don't
-worriedmom1-
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03/22/2010 postreply
19:06:25
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Really? Are you willing to give the money to the government
-Morning3evening4-
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03/22/2010 postreply
19:13:37
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好像这个社保过些年要破产吧?恐怕这里大多数人想用时也没得拿。
-caddie-
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03/22/2010 postreply
19:16:40
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所以,更便宜了不交的人。:(.
-Morning3evening4-
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03/22/2010 postreply
19:22:13
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There has long been discussion on managing social security
-worriedmom1-
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03/22/2010 postreply
19:21:36
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Wow, you have to say it is a benefit for rich people.
-Morning3evening4-
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03/22/2010 postreply
19:22:57
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It is not!
-worriedmom1-
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03/22/2010 postreply
19:25:28
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Come on. If I invest the 12.5% my income in SP500
-Morning3evening4-
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03/22/2010 postreply
19:30:19
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You never know:)
-worriedmom1-
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03/22/2010 postreply
19:31:47
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That's why I said Ss is indeed a tax for lower-income people.
-Morning3evening4-
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03/22/2010 postreply
19:34:44
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lower-income people get the benefits as well.
-worriedmom1-
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03/22/2010 postreply
19:36:40
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If you get 1099, you need to pay self-employment
-Hiccupbaby-
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03/22/2010 postreply
19:31:38
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1099 is not for self-employment.
-worriedmom1-
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03/22/2010 postreply
19:32:18
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Contractors get 1099s from employers. They all need
-hiccupbaby-
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03/22/2010 postreply
19:43:20
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Oh my:) how about K-1?
-worriedmom1-
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03/22/2010 postreply
19:45:48
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There might be a loophole here using K-1. But if
-hiccupbaby-
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03/22/2010 postreply
19:55:31
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:) K-1 is very typical in my industry.
-worriedmom1-
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03/22/2010 postreply
19:58:02
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I use K-1 too. But I dare not put my salary as zero to
-hiccupbaby-
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03/22/2010 postreply
20:08:02