IRS - American tyranny

I do recall a case where a bunch of contractors working for Microsoft. They wanted to get the same retirement plan treatment as regular employees and sued.
 
Contract and outsourced employees are one of the main reasons for high unemployment. All corporate officers have a fiduciary duty to their shareholders to maximize return on investment.

Minimizing the payroll is the easiest and most visible cost cutting measure to increase profits. It is cheaper to replace a $60K position with a team of 3 $10 / hr overseas consultants. No benefits, employment taxes or lawsuits to deal with plus you have an eqiavalent 24 hour a day - 7 days a week worker.

This 50 year old software engineer is competing with overseas talent that will work for $5 an hour. There is substantial hiring going on... just not in the US.

The US tax code is a joke. Each and every person who signs a tax return is knowingly committing tax fraud. Technically every form of consideration is required to be reported.

The taxing issues will never be fixed because 50% of our work force are government and / or prime contractors paid out of the tax kitty.


Quote from jem:

I read the tax provision. It seems he is pissed that firms can hire technical services firms and then state the people working for them are independent contractors.

Big deal - typically it is better to be an independent contractor because you write off more things and set up more interesting and probably beneficial retirement plans. I guess the downside bing you do pay more fico and medi cal on what you do report.

Overall I do not see what the big deal.

The real problem is that we do not have a small fair flat tax.
 
according to his own words, he was part of those nuts that pay no tax claiming to be a 'religion'

these folks are 100% dingbats.
 
Quote from stock777:

according to his own words, he was part of those nuts that pay no tax claiming to be a 'religion'

these folks are 100% dingbats.

That is not the case. He paid taxes.
 
The IRS is relentless so I can certainly understand getting to the point of thinking of the relationship with the IRS as mortal combat. But going to this extreme without thinking of the consequences to your family and to others is a bit off the wall. Besides, I don't think God goes for this sort of stuff so he's probably worse off now.

What he should have done is just purchased a huge electromagnet (truck size) and driven it around his regional IRS office wiping out their electronic data. I'm surprised no one has tried this.
 
LOL. Perhaps now someone will. What a great idea. How much does a mega magnet cost these days? :)

Quote from pspr:

The IRS is relentless so I can certainly understand getting to the point of thinking of the relationship with the IRS as mortal combat. But going to this extreme without thinking of the consequences to your family and to others is a bit off the wall. Besides, I don't think God goes for this sort of stuff so he's probably worse off now.

What he should have done is just purchased a huge electromagnet (truck size) and driven it around his regional IRS office wiping out their electronic data. I'm surprised no one has tried this.
 
Back
Top