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I made $200K and PayPal locked my account

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Re: I made $200K and PayPal locked my account

#282
post #278

Earlier quoted context omitted.

>Half of it will be taken by the U.S government, that's likely the reason his paypal account got locked. Yes, that's called taxes. There's nothing wrong with that. Also, the correct number is likely quite a bit lower. Venezuela's going to take more than the US does. . > There is nothing legitimate about theft, whether its paypal or the IRS stealing his money. It's really hard to take you seriously when you pretend th…

> Yes, that's called taxes. There's nothing wrong with that. Of course there is. > It's really hard to take you seriously when you pretend that taxes are theft, and that the IRS is stealing. It's hard to take me seriously because I assert that its theft when one group of people threatens another with violence unless they give them their money? What gives governments the right to take whatever they want from anybody?

Looking at taxes as a partnership is more appropriate. The government sets up systems that help you make a good business, for example a good financial system, a good law and order system, good infrastructure etc. These things help you make the money. So the government is a partner with anyone who uses these infrastructure to make money and in this partnership there is a sharing of profit which can be understood as taxes.

Re: I made $200K and PayPal locked my account

#283
Former administrator of an international student program, here. If you're an international student, you can work for the school (at least you could at mine). We used to give kids literally 1-hour careers sitting at a desk in our program at minimum wage so they could get social security cards. If you were to furnish Paypal with a valid ss#, could you then get your money? That's a lot of money. If your school won't do it, I'd work on tranfering your 1-20 to another school that will.

Re: I made $200K and PayPal locked my account

#284
post #262

Earlier quoted context omitted.

The full $200,000 would cover, literally, 1.8 seconds of federal government spending.

There are lots more immigrants that could be paying taxes if we just adjusted our policies a bit.

Never ask why Eduardo Saverin burnt his us passport and went to Singapore.

Re: I made $200K and PayPal locked my account

#285

It boggles my mind how PayPal can again and again get away with this. The ability of PayPal to be a bank and yet avoid being one legally is interesting. If you hold somebody else's money you are a bank, whether you call yourself that way or not.

Been thinking the same thing for a while. We even adjusted the accounting software to tread PayPal as if it was a bank ... The amount of accounting time on PayPal went down. Because it's well ... a bank, without the legal obligations :( and that means we are screwed.

For digital goods you use bitcoin, always and everywhere. please fix this as soon as your next release, God what are you thinking? The USSA has become a beacon of INVERTED TOTALITARIANISM. google that.

Re: I made $200K and PayPal locked my account

#286

PayPal is not as crooked as people say they are. Just start a company with someone in he US. Payments go,to their company and they pay you. Assuming its a legit business "don't know how I made" 200k doesnt sound legit.

You realize how much freedom people like you take from regular people? PayPal makes the Sopranos look kind and caring, as do he TBTF banks.

"Doesn't sound legit".... I hope you're caught into the other side of "inverted totalitarianism" and just maybe you might be able to see what the mirror has to show you.

Re: I made $200K and PayPal locked my account

#287

Use PayPal - get screwed. Rinse, wash, repeat.

If you open US payment processing accounts without US citizenship or a Visa that allows it, take 6 figures in payments while out of the country, then try to move it into an anonymous payment account across international borders, someone's going to investigate it. The tax code ensures that investigation begins within a year, since that kind of money moving has to be reported on a 1099-K. That's not PayPal screwing any…

Use bitcoin for anything that's not tied up in an inverted totalitarian regime.

And Dan, look up, check out for the drones.

Re: I made $200K and PayPal locked my account

#288
post #278

Earlier quoted context omitted.

> Yes, that's called taxes. There's nothing wrong with that. Of course there is. > It's really hard to take you seriously when you pretend that taxes are theft, and that the IRS is stealing. It's hard to take me seriously because I assert that its theft when one group of people threatens another with violence unless they give them their money? What gives governments the right to take whatever they want from anybody?

Looking at taxes as a partnership is more appropriate. The government sets up systems that help you make a good business, for example a good financial system, a good law and order system, good infrastructure etc. These things help you make the money. So the government is a partner with anyone who uses these infrastructure to make money and in this partnership there is a sharing of profit which can be understood as ta…

Only a very small fraction of tax revenues are applied toward this helpful infrastructure. The majority is used to fund useless wars and other special interest groups - hardly a mutual partnership.

Re: I made $200K and PayPal locked my account

#289
post #278

Earlier quoted context omitted.

> Yes, that's called taxes. There's nothing wrong with that. Of course there is. > It's really hard to take you seriously when you pretend that taxes are theft, and that the IRS is stealing. It's hard to take me seriously because I assert that its theft when one group of people threatens another with violence unless they give them their money? What gives governments the right to take whatever they want from anybody?

Looking at taxes as a partnership is more appropriate. The government sets up systems that help you make a good business, for example a good financial system, a good law and order system, good infrastructure etc. These things help you make the money. So the government is a partner with anyone who uses these infrastructure to make money and in this partnership there is a sharing of profit which can be understood as ta…

That would be fine if it were voluntary. But you cannot opt out. If you try to opt out, you go to jail.

I didn't ask the government to do any of that for me, and I would prefer they didn't. I can't fix someones car without telling them, and then demand payment.

Our government has done a terrible job at infrastructure and I hardly find it unreasonable to believe that I should be allowed to hire people I choose for my needs.

If I wanted an exciting life full of collapsing bridges, sinkholes, and trigger happy police, I would gladly hire government. I'm dull though. I prefer things to work the way I expect them to, no surprises for me please.

Re: I made $200K and PayPal locked my account

#290

It boggles my mind how PayPal can again and again get away with this. The ability of PayPal to be a bank and yet avoid being one legally is interesting. If you hold somebody else's money you are a bank, whether you call yourself that way or not.

Been thinking the same thing for a while. We even adjusted the accounting software to tread PayPal as if it was a bank ... The amount of accounting time on PayPal went down. Because it's well ... a bank, without the legal obligations :( and that means we are screwed.

Bitcoin?
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