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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (50778)	6/7/2004 9:49:19 AM
From: BubbaFred	Read Replies (1) \| Respond to of 74559

Yiwu - Do employers have to pay into social security, unemployment insurance, health insurance, etc? Or do the workers pay all those out of their paycheck? What's the actual take home pay? In US, paycheck deductions are health insurance, social security, medicare, federal tax, and state tax for a total of 20% to 35% depending on income bracket. Sounds like China is a stupendously great place to own and run a business. No need for overtime book keeping and no need for double shift either.