Ooof, I have to disagree on that one, merlyn. If you're an independent contractor (sole proprietorship here in the States), I think it's different. I agree you have to subtract vacation time, retirement and healthcare. But office space? Materials? marketing and administration costs? Not really significant.
I think it boils down to what it's really worth to you, and whether or not you're running a "business" or are an independent contractor. I would agree the costs are much more significant if you are an employer. But with the tax breaks, I think x2 is FAIRLY close (I would say closer to 1.8x or so). That and paid overtime seals the deal for me. I've been dealing with salary/contracting for around 7 years or so, and my perspective has always been that contracting is much better than salaried. (Granted, I'm a single 26 year old - healthcare is slim, retirement is after tax)
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It's sad that a family can be torn apart by such a such a simple thing as a pack of wild dogs
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