Alex Dodd/flickr Flakka is made from a compound called alpha-PVP, a chemical cousin of cathinone, the amphetamine-like drug found in bath salts. Here's the worst part: While the active ingredient in bath salts was officially banned in 2011, its newer relative, alpha-PVP, was not.ike cocaine and meth, flakka comes with a comedown, the period when the drug leaves the body and the person is left feeling fatigued or depressed. This sensation often results in users returning to the drug to get rid of the negative comedown feeling, jump-starting a cycle of use that can lead to abuse.
(However, LLC owners also get to deduct half of the total amount from their taxable income, which saves a few tax dollars.) The self-employment tax rate for business owners is 15.3% of net income up to an annual threshold and then 2.9% for income above the threshold amount.
Self-Employment Tax Rate. The 2010 Tax Relief Act reduced the self-employment tax by 2% for self-employment income earned in calendar year 2011. The self-employment tax rate for self-employment income earned in calendar year 2011 was 13.3% (10.4% for Social Security and 2.9% for Medicare). The Temporary Payroll Tax Cut Continuation Act of 2011 extended the self-employment tax reduction of 2% for calendar year 2012 so the rates for 2011 remained in effect for 2012.