[thelist] going solo?

Bonnie Hammel bonnie at generous.net
Fri Sep 28 13:48:50 CDT 2001

On 27 Sep 2001, at 14:41, Gene Herrera wrote:

> I ran across this article and seemed to be perfect.  Check out
> the example half way down, "...Sam, a self-employed website
> designer, earned a $50,000 salary as an employee and feels he
> should receive at least the same salary as an IC...

Independent contractors don't receive salaries.

Generally, it takes $2 in gross income as a self-employed person
to equal $1 in salary.  Self-employed people have to pay *twice*
as much for social security, while salaried people get health and
life insurance, sick pay, vacations, workman compensation, etc.


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