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Reply to "My carpenter makes $116/hour"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]From that, your carpenter has to pay for health insurance, retirement/401k, insurance for his company, overhead costs, various taxes, etc. [/quote] He works alone, has no employees. Out of my $124/hr I also have to pay retirement, insurance (health, disability), plus umbrella not included, commuting, taxes, etc. None of which are deductible against income.[/quote] Apparently, his skill is in great demand. What is wrong with that?[/quote]
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