8/5     Do I really have to give an extra 15% to the gubment for SE tax if I'm
        a contractor vs. W-2?  This was not in formulas previously posted
        to the motd. I'm suing!
        \_ extra 7.65%, dumbass.  And it's deductible.
           \_ i thought it was 15.3% - http://www.irs.gov/pub/irs-pdf/p533.pdf
              \_ Everyone has to pay 7.65%, SE pay it twice.
                 \_ or, to be a bit pedantic:
                    Everyone has to pay 15.3%, but employed people have the
                    first 7.65% taken out in the form of reduced salary which
                    is paid to the gubmnt by the employer.