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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF
COMS 0.00130-18.8%Nov 7 11:47 AM EST
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To: Dwight E. Karlsen who wrote (10665)12/14/1997 9:25:00 AM
From: JHC44  Read Replies (1) of 22053
 
Dwight, not to be too nitpicky (is there such a word?) but, regarding the the Social security rates for self-employed people... self employed do get a deduction for 1/2 of their self-employment tax on the front of their 1040. By having this deduction it does reduce the effective rate of the SE tax to about 13.1% vs. 15.3%. I usually like to point this out to my self-employed clients to reduce the pain a little.
Jason
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