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Old 10-21-2005, 02:37 PM   #21
Baron von BeeGee
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Jul 2005
Barony of Fuquay-Varina, NC
Posts: 5,397
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Forget Uncle Sam, be glad you don't deal with Uncle Sven. I was speaking with a Swedish colleague recently who went from being a permanent employee to a contractor and, while it resulted in a higher salary, it also resulted in his effective tax rate going from 50% to 70% (income tax + his private business tax).

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