operation of the company is an “IC” and paid on a 1099.
Not sure if that would work either.
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I can’t see that happening.
As it stands now, ‘they’ try their best to discourage the “IC” as ‘they’ have NO ONE to collect and give ‘them’ the witholdings as it is a quarterly filing with ‘YOU’ sending ‘them’ a check.
If companies and businesses ‘quit’ being the tax collector FOR the ‘Govt’ the system would ‘surely’ break down which of course is one reason why ‘they’ are reluctant to knock off the ‘illegal’ work force as enough of the ‘illegals’ pay some sort of tax through withholdings.
Remember your first check when you were told you were going to be making $2.50 per hr and you were counting on 100 bucks because you put in 40 hrs.
OH THE SHOCK when the check was handed to you for the grand amount of $85 bucks and you wondered what the “SOB’s” and this guy named FICA were ‘sharing’ your money was all about.
(ABOVE figures used for ease, NOT accuracy, to prove a point).
My ‘1st’ job was as a pinsetter in a bowling alley, (COMPLETELY manual - except for the treadle peddle and pegs sticking up) and, as a 14 yo got the grand sum of $6 per day, working double alley/double shift. In 1954 30 bucks a week for a high school kid wasn’t all that shabby, especially when you could work ‘free lance’ on weekends with tips included.
Then went in the Navy where I earned the grand total of $75 per month BUT they ‘threw in’ room and board in exchange for being on call 24/7.
Between the Nuns up through 9th Grade and working 30+ hours a week while in HS, my parents (Mother) would surely be in the slammer in todays world for “Gross Child Abuse and Neglect”. <: <: <:
Thanks for your reply.
I can’t seem to get my head around the existing laws and the implications of “ZeroCare”.
Under “ZeroCare” what prohibits me from taking a job at “any company” as an independent contractor ?
I could and should be able to “contract” with Wal-Mart as a greeter, cashier, self-stocker etc...
I should be able to “contract” my services to McDonalds as a Fry cook, burger flipper, etc ....
Individuals willing to forgo the benefits of being an “employee” for ability to earn money, will certainly be an attractive alternative for employers.