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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (6028)1/13/2017 4:42:42 PM
From: Heywood40  Read Replies (2) | Respond to of 362468
 
You are correct in stating that a self-employed person would pay 12.4% on the additional increment, while someone working for an employer would pay 6.2% on it.

I'll amend how I characterized the effective cost:

That's about a latte per day if you're working for someone else, or a latte and a mocha per day if you're self-employed.

Hopefully taking care of your parents is worth that much.