Tuesday, October 21, 2008

The Self-Employment Penalty

See here.
(BTW, what's up with the no comments? I expect that from Slate, not the National Review).

A few years ago, there was a lot of talk about the "Marriage Penalty." Now, based on this it looks like we have a "Self-Employment Penalty." I thought that working for yourself is one part of the American Dream: owning your own business. Looks like nobody wants that.

I think I'm going milk my 15 minutes as much as I can, and maybe I'll make a little money to buy that plumbing business. Even if it means I have to pay higher taxes. There's nothing like owning your own business, and complaining to everyone that your boss is an asshole.

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