Re: I love the spectacularly timing of it all
"contractors are forced to take everything as 'pay' and not allowed to put aside money in their companies for sick leave, holidays, etc."
Unless things have changed from my day the weasel word "deemed" was used. They're deemed to take everything as pay for purposes of taxation but they can leave however much of the post-tax in the company as they want to pay sick leave etc. Yup, that makes perfect sense if you're a weasel.