FReegards!
Hey that’s me! Starting Monday. Not necessarily the way I want to do it, but the way I have to.
FReegards!
It’s also called the underground economy.
We are all freelancers whether we know it or not.
We sell our services to the highest bidder.
That’s great news. The more small business people like me and others on this thread, the better. Creating your own job - which, tragically, is all that I have managed to do with my little solo law practice thus far - really brings one face-to-face with the harsh realities of taxation, regulation, getting paid, meeting payroll, navigating the ACA, personal financial planning, and so on and on. The more this trend continues, the more people will see how nuts the Dems are with their policies - everything from punitive tax rates to the ruinous ACA to mandating a $15/hr minimum wage.
There really is no other way now.
With huge regulations in business and in various other areas along with insane hiring requirements, freelance is the only way to survive and run an effective business.
I’m a job prostitute pulling down something north of 100K annually. Best thing, I not really responsible for anything.
Fundamentally, for many it’s a way of Going Galt. Earn less, but with less stress. Earn enough to be healthy and happy, but quit working like a slave just so the state can steal much of it and give it away to those who don’t work. Hopefully, work less so there is more time to enjoy life before you’re too broken down to enjoy the fruits of your labor. Tune in, turn on and drop out. Go Galt, young man. Go Galt.
In other words, businesses are folding, or struggling, and Obamacare is killing full-time work.
“Freelancing” is a euphemism for scrabbling for a living.
Our oldest, who has his master’s degree, had a hard time finding a full time job, so he started freelancing to make ends meet. He found a full time position, but still enjoys his freelancing.
That’s a lot of Schedule C’s.
This should be the way EVERYONE works. They would then have to make quarterly tax payments and pay both sides of the FUTA SUTA tax. It might make everyone more aware of how wasteful the government is and inspire them to hate it and politicians as much as the “freelancer”, that’s self-employed do.
Two years before I officially retired I decided I didn’t want to work full time anymore. I quit my job, rolled my 401k into an IRA, signed up with a job agency and got a contract with my old company pretty much setting my own schedule and hours I wanted to work. I didn’t have to attend all the meetings, didn’t have to participate in reviews or do peer reviews. It was great.
The shadow cash economy is also huge. What do you think Craigslist is all about? Its a giant shadow network. That’s how some folks are getting by. Buying and selling stuff.
The Democrat-Union-IRS complex will get these out of control bourgeois running dogs under control, soon enough. They are already pretty close to banning independent contracting.
I wonder if they count all the illegals selling that same bag of oranges to each other?