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To: Principled
Do you think they'll report their wages in exchange for social security benefits?

Anyone operating legally would be stupid not to report wages to qualify for SS benefits. Most sole proprietors operate legally and pay taxes. Under the fairtax, those who supply their services to business will have no sales tax liability, so it would be wise for them to report as much income as possible and not take any deductions.

336 posted on 02/12/2006 8:47:23 AM PST by Always Right
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To: Always Right
Anyone operating legally would be stupid not to report wages to qualify for SS benefits.

Even if someone had misunderstood the reporting requirements and given inaccurate information to said self employed individual? It would still be wise then too?

So the decision made should ignore inaccuracies and focus on reality?

337 posted on 02/12/2006 8:50:18 AM PST by Principled
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