From: utzoo!decvax!harpo!npoiv!npois!houxm!houxa!houxi!houxz!halle1 Newsgroups: net.misc Title: Re: A way to get out of SocSec?! Article-I.D.: houxz.265 Posted: Fri Feb 4 17:03:11 1983 Received: Sat Feb 5 04:48:10 1983 References: houti.205 That is absolutely FALSE. Self employed have to pay an additional self-employnt tax that takes the place of FICA. It goes on your record for later SS payout. The kicker is that it is about 11%, not the 6.7% you pay now. Of course that is still less than your plus employer's contribution, but more than what you see going now. So if you want to be self employed merely to reduce SS contributions, forget it.