Shakespeare's writing style. Detail from statue of Shakespeare in Leicester Square, London. William Shakespeare's style of writing was borrowed from the conventions of the day and adapted to his needs.
Thus, the self-employed individual must pay the IRS both the employee and the employer halves of Social Security/Medicare tax. Self-employed workers pay twice as much as either an employee or an employer pays for FICA taxes. The pressure a 15.4 percent flat tax puts on self-employed pushes many self-employed into the IRS deductions trap. Martha's story. Recently a friend who is a nationally known artist and sculptor went in to sign up for Social Security.
Most employed people over 16 years of age make social insurance contributions. The amount you pay is based on your earnings and the type of work you do. For this reason it is called Pay Related Social Insurance (PRSI). The law makes your employer responsible for PRSI, though you may have to pay an employee's share.The amount of PRSI paid by you and your employer depends on your social insurance class. Your social insurance class is in turn determined by your earnings and the type of work you do.ost employed people over 16 years of age make social insurance contributions. The amount you pay is based on your earnings and the type of work you do. For this reason it is called Pay Related Social Insurance (PRSI). The law makes your employer responsible for PRSI, though you may have to pay an employee's share.