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Comment · 11 years ago
You can choose to serve the full sentence, and you would not have all of the fees, but you would still have some...like reimbursement of court costs. You're also subject to some classes. Drug offenders, in some states, have to take classes if they want their driver's license back. (even if the offense was not vehicle related in any way).

It's also not a trivial trade-off. Varies by state, but in Texas, for example, you could be choosing between 2.5 years + probation or 5 full years.

Not all felons need SR-22 insurance, but many whose offenses were NOT vehicle related have to have it. Drug convictions, for example, even if it had nothing at all to do with a vehicle.

Comment · 11 years ago
I personally know several people that did go back. The common thread was parole and/or probation programs that just weren't achievable.

Requirements vary, but typically there's: - tons of recurring fees (classes, mandatory drug testing, etc) - reimbursement of the court's costs - classes, parole officer, drug testing, etc, located in areas away from public transportation - judges that chronically no-show, after you've paid to get there, parking, etc.

I spoke to one in-depth...it's about $500/month in direct costs, not including indirect costs like transportation. In many areas you would really have to own a vehicle to get to the required places. Which, for a felon, also means "special" high cost SR-22 insurance.

Couple that with the sort of jobs available to a convicted felon, and...

Comment · 11 years ago
>>$100/hour...My eyes bulged out my skull...My highest >>fulltime salary to that point had been $120k ($58/hour).

Not sure if that $100/hour was a 1099 type rate or a W2 type rate.

Either way, it does still likely beat your $120k/year salary, but perhaps not by as much as you think.

Either way (1099 or W2), you aren't getting the benefit of any company paid medical, 401k, paid vacation, sick days, etc.

If it happens to be 1099, you also have to account for the self employment taxes you'll have to pay.

Using a spreadsheet I keep around for this purpose, assuming $120k salary with $600/month worth of company offset health insurance, a 100%-up to 6% salary 401k, 3 weeks vacation, and 10 paid holidays...the 1099 equivalent to $120k/year would be $80.90 per hour.

Or in short, for anyone considering making the move, don't forget to calculate the benefits that come with full time employment before you set your rate.

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