Trigger
While preparing my tax return for 2013, I could not help myself but to write this blog post.
If you are not sure what I am talking about, then check out following IRS documents:
What An Humbug!
This tax is anything but a self employment tax. It is the Social Security payroll tax (12.4%) plus Medicare tax (2.9%). So as a sole proprietor I have to pay both the employer and the employee portion of the Social Security payroll tax adding up to 12.4%.
Big Government Fools Its Citizens For Too Long A Time
It is outrageous that employees pay only half the Social Security payroll tax in the U.S. as well as in e.g. Germany. This is a great deception and a great fiction implemented by big government to fool its citizens.
