[stefan_kendall3]

US, yup. I'd like to be able to support a family, and that means something like $1100-$2000/mo mortgage, likely 2 cars/insurance going something like $500, utilities around $300/month.

And that $10k isn't $10k. It's more like $6k after taxes.

So with food and miscellaneous expenses, things start to get tight pretty quickly. Health insurance for a self employed person for a family will easily be $2000+/month. So on top of the high taxes, which are even higher for being self employed, you're getting a non-employer-paid health insurance plan.

...I think my "$10k/month" was probably a bit low, actually.

[gabrielhauber]

Let's see… I don't have to pay any tax at all for the first $18000 pa. Then, only 19c in each dollar up to $37k, and higher rates above that, but nothing as high as working out to be 40% of income...

And... being a family with kids, the government gives us money... I actually get from the government more than I currently pay in taxes.

And... we have (relatively) an excellent public health system. I have no need to buy health insurance, even with a large family.

So... I am glad I'm not trying to do this in the US!!!

[rmc]

Social welfare can help entrapenours.

[gabrielhauber]

Extra taxes if you are self-employed? What, does your government want to discourage small business innovation or something?

[stefan_kendall3]

It's the welfare programs that usually get split 50/50 with employer that you must pay 100% yourself.

http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employ...

Medicare which I don't use, because I buy insurance, and social security which I'll never be able to collect.