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New rules for contractors have unexpected consequences for strip clubs

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Re: New rules for contractors have unexpected consequences for strip clubs

#71

Post by mindslight »

CydeWeys wrote: post #3

"This whole business will be completely ruined. The whole point about being a stripper is you go in, get fast cash, no one knows how you’re getting it, it’s not documented and it’s not taken from you." Sorry not sorry that you have to actually start paying taxes on your income like the rest of us. Some of these quotes are really helping to make the case for the law.

... because funding more war is something to be celebrated?

Just because you're personally caught under a boot doesn't mean you should cheer when the net ensnares someone else. That's called the crab bucket mentality.

Re: New rules for contractors have unexpected consequences for strip clubs

#72

Post by rolltiide »

CydeWeys wrote: post #30
rolltiide wrote: post #16

Earlier quoted context omitted.

But that doesn’t explain why their comp is fixed at the minimum wage of $15/hr This article is a year old.

That's not at all uncommon for jobs that make a lot of money in tips. The minimum wage for servers is $2-something, for example. Even more so than servers, strippers are a tip-based job.

I’ve heard anecdotally (from strippers wanting tips) that their tip based comp has gone down. Like what they get to keep from dances and private rooms had been cut in conjunction with the reclassification

Re: New rules for contractors have unexpected consequences for strip clubs

#73

Post by emeraldx »

belltaco wrote: post #63
TheRealDunkirk wrote: post #38

Earlier quoted context omitted.

> If they want to keep their dancers from quitting, they'll likely have to raise prices enough to get a similar amount of cash into the hands of their dancers, while also meeting their tax obligations. Like people always say, when corporate taxes are discussed (and now I'm guilty of it too): companies don't pay taxes; consumers do.

Not always true. It depends on the price demand elasticity curve and margins. Imagine Acme Inc selling Widgets at $100. If taxes go up, the company's first instinct would be to increase the price. This works for some markets and products. However, if the customers and market are sensitive to price, they will lower or stop their consumption from Acme Inc. or move to competitors or substitute products e.g cooking at ho…

Yes, but to make up those lower profits Acme Inc. could just reduce compensation for its employees. And I think that is what TheRealDunkirk was trying to say. That when corporate taxes are levied, eventually it is the employees who end up taking the burden.

Re: New rules for contractors have unexpected consequences for strip clubs

#74

Post by oliwarner »

One stand out quote:

> The whole point about being a stripper is you go in, get fast cash, no one knows how you’re getting it, it’s not documented and it’s not taken from you

I can't imagine why a government might have a problem with that. Starting to think cash-in-hand workers were the target all along.

Re: New rules for contractors have unexpected consequences for strip clubs

#75

Post by shkkmo »

ultrarunner wrote: post #67
shkkmo wrote: post #45

Earlier quoted context omitted.

> Paying taxes on income (that is then taxed again when spent) is a terrible disincentive. While I can understand opposing income based taxation, I don't understand why opponents of income based taxation would support specific industries evading existing income based taxation laws rather than working to change the taxation laws for everyone.

We are coming to the same point from different angles. For a lot of people it's easier to adhere to eye-for-an-eye than to stop and advocate for an end to violence, as it were. I was only taking issue with what seems to be cheering a step backwards ("I would be richer without income tax too"). Technically, given the way you put it, I suppose I would advocate for more and more specific industries not being subject to…

I am not particularly opposed to income based taxation. While I think asset based taxes are usually better than income based taxes, income based taxes are better than sales taxes or state run lotteries.

I personally think that how we handle unemployment and food stamps do more to disincentivize work than our income taxation.

Taxation is complex and tricky to do well. Unfortunately it is treated as a wedge issue and this prevents productive discussion and effective policy making.

Re: New rules for contractors have unexpected consequences for strip clubs

#76

Post by tdfx »

PopeDotNinja wrote: post #49

I wonder if strippers could be classified as sales people. There are plenty of companies that pay sales people on 100% commission. If saying "hi honey, want a dance?" isn't sales, I don't know what is. It's been a long time since I worked in sales, so I'm not sure if this would work.

They're too honest about the product for it to be considered a sales job.
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