171–180 of 279 posts
So employees can work pseudonymously, but employers have to disclose their identity? Why not make it fully pseudonymous for both sides?
Uh, employers in the US are required to verify employment eligibility. One submits an i9 form.
For contractors / etc, you still need to submit information for 1099.
What am I missing here - if considering the US?
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I'd guess that interaction is very common and not illegal anywhere I'm aware of.
In most jurisdictions, it is illegal to contract with someone for goods or services over a certain amount if you don't have their tax information. Otherwise, tax avoidance would be trivial. In the US specifically, you're required to file Form 1099 for any contracts over $600, which requires the other party's SSN, EIN, or another foreign tax identifier.
I mean it seems like a ridiculous way of getting work done, but fundamentally possible.
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Soon(tm) I'm reminded of a slide show on the metric system I watched in science class in the 80s. I have a vivid memory of hearing it say "soon everything in the US will be on the metric system" with a picture of a woman standing next to a speed limit sign in mph.
Even the UK can't do it, the US never will. We implemented metric where it made sense, but forcing consumers into new units just because we think it would be cool if the whole world used the same measurements... well, that's a hard sell.
This sounds like a good thing, but I'm not sure it is. Capital wins under the current system because the bad guys control your reputation and career, but capital will win under a pseudonymous work system too because careers will cease to exist (or, in any case, will be difficult to assemble) and the commoditization of labor will be complete. I'm a very "out" antifascist, and I've lost jobs due to my public not-liking…
That kind of statement makes me curious. What kind of behavior do you exhibit that has cost you jobs?
Here is a question I have often wondered about: Say I am running a business in Europe. And one day I need to translate some text from German to English. I go to Google and enter "German to English translation service". Up comes a website that says "We translate one page of text for ₿0.000048". The website does not tell you where it is operated or who operates it. They state that where they are, they are not obliged t…
My accountant has always said, so long as I get a receipt/invoice that corresponds to the transaction, and the company/country isn't knowingly sanctioned, and the services rendered were licit and bonafide, its all good. This is my US-based accountant for my US-based corporation, but I'm sure it translates well.
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I also have some more questions, such as: * how do you provide me with health insurance and other governmental benefits? * for the purposes of anything official, am I as an individual technically unemployed? * how do you provide me with retirement options such as a 401k? * how do you report on my earnings to the IRS?
The buyer of your labor could pay your health insurance directly, or reimburse you for it. For the purposes of anything official, you are unemployed. You would not get any retirement options. Your earnings would not be reported to the IRS. Your government could say it's illegal to receive money under these circumstances, and they basically do. But think about what that means.
That you're committing tax fraud and will probably spend a non-trivial amount of time in prison for tax avoidance as well as having a significant portion of property seized to pay back taxes?