There are definite tax advantages to being self employed, but I think for most countries your total tax rate for most people would end up being around 25% to 35%.
For you to end up taking home more money whilst earning only half as much - you would need to some how end up paying a negative amount of tax as an entrepreneur.
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Yeah, that one caught my eye. If this is focused on U.S. readers, that advice is extremely suspect.
There are definite tax advantages to being self employed, but I think for most countries your total tax rate for most people would end up being around 25% to 35%.
For you to end up taking home more money whilst earning only half as much - you would need to some how end up paying a negative amount of tax as an entrepreneur.