I do so detest these people. Life is a real struggle for many people and the Commie Rats just don’t give a $h!+ . . . they just want to make it harder for those folks. Evil
Dimms hate the gig economy for several reasons.
1. Because their union overlords hate it (California tried to kill the gig economy by fiat at least twice, e.g., the infamous AB5 promoted by the despicable union hack Lorena Sanchez).
2. It undermines the concept of minimum wage (the wages are established by the employer and gig employee).
3. It’s harder to enforce tax-wise (unless you have an army of IRS storm troopers).
Wiped out hundreds of thousands of jobs (which the media mysteriously managed to ignore) of 1099 workers, trying to force them to become employees (i.e. union members), pretending not to notice that so many of these jobs, based on their project-based nature, CANNOT be hourly or shift work.
Biden's puppets are going to try to take A.B. 5 national. This is NOT simply Uber and Lyft jobs, as they tried to spin it in California. This is home health care workers, truckers, wedding planners, photographers, transcribers like myself, writers, beauticians, etc. etc.
Predictably, these people were NOT turned magically into employees. Companies did NOT all of a sudden hire them. They simply cut them off because using them was now illegal. ILLEGAL. By the stroke of Lunkhead Governor Newsom's pen.
But yeah, they care about the little people.
If you’re surprised by this, you shouldn’t be allowed to vote.
The dumbing-down and de-moralization of America has consequences.
THEY want to destroy the Kulak class.
Attacking ordinary folk as they go about their daily lives, sometimes buying something, sometimes selling, sometimes doing a little job for someone.
I don’t doubt for one second that this is the first step on the way to total government control of all monetary transactions. It’s a tax on the little people. The ones without power. NOWHERE do I see anything that leads me to believe that they will go after the bill gates, george soros, jeff bezos, Sam Bankman-Fried’s of this world.
Those people will escape government’s greedy clutches. They have nothing to worry about because they are “philanthropists.” But Joe Ordinary Person now has to worry about an audit because he was paid for mowing someone’s lawn.
The IRS also announced that money transactions via financial payment apps (Paypal ect) of $600 or more are now (on the recieving side) going to get IRS scrutiny and must be submmitted in your income tax forms as income. So if you sell that antique dresser of yours in a garage sale and someone pays you through Paypal, the IRS will expect you to include that $600 as “income”. And of course if you want to take it is a “capital loss” you will need documentation for what you originally paid for the dresser as well as that it was an investment only.
At $600 the IRS is directly going after the millions of small businesses, more then you or me or the major corportations.
The prior dollar value of Paypal transactions that got IRS scrutiny was $20,000. Will the GOP in the House try to force a reset to that value???
Yeah! Get those billionaires!
Does this include when you withdraw amounts over $600 from the bank? Like through the ATM?
1. Have your cousin in Naples set up a papyl account.
a. Give him 10%
b. Tell him to reinvest the 10% in your Biz when you need
it.
c. Acccept pappl in his account, funds go to Naples ...
d. Have him send you debit card/or western union cash
pickup etc..from his bank in Naples.
2. Have cousin in Naples set up a corresponding USA bank account with partner bank in Italy.
a. let customer use direct deposit/wire funds to his Italy bank’
d. above.
any holes in this?
The tax code is the tax code.
You have to pay taxes as a self employed person, same as a full time employee.
What people are worried about is not being able to work off the books.
There are 2668 billionaires in the world and 26% of them are in the US or 693. This means 125 new agents are dedicated to each billionaire?
How could anyone possibly see a problem here?
Uber/Lyft drivers are upset that Biden’s IRS is coming after the gig economy. How am I supposed to sympathize with people who voted 2/3 Democrat in both 2020 & 2022?
The Democrats view themselves as the Eloi and they want to use the IRS to keep the Morloks from coming to the surface.
Strange, because the gig economy is one of the Democrats big constituents.
They want to eliminate all business other than politically connected big business.