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.
* When Social Security first began, beneficiaries could take their benefits as a lump sum. [64] The earliest reported applicant for a lump sum Social Security benefit was Ernest Ackerman of Cleveland, OH. Mr. Ackerman retired one day after the program began and paid $0.05 in Social Security taxes.