Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

I made $200K and PayPal locked my account

news.ycombinator.com

Post reply on HN
Print view View original

291–298 of 298 posts

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

#291

Post by stqbert »

n3rdy wrote: post #289
deepakjnath wrote: post #282

Earlier quoted context omitted.

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…

You can opt out. Renounce your citizenship.

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

#292

Post by n3rdy »

stqbert wrote: post #291
n3rdy wrote: post #289

Earlier quoted context omitted.

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…

You can opt out. Renounce your citizenship.

Do you think its reasonable that government takes less from you if you commit suicide than if you renounce your citizenship?

I never agreed to be a citizen in the first place. Why should anyone have to give up everything they have just because the government decided to auto enroll them into a system without their consent?

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

#293

Post by nborwankar »

anigbrowl wrote: post #182
nborwankar wrote: post #81

Earlier quoted context omitted.

There is a law against participating in a business. The only way you are allowed to earn an income is if it is an approved on-campus job.

That's only true for a student in their first academic year, but since we don't really know the OP's specific situation I don't want to get into an argument about details. http://www.uscis.gov/portal/site/uscis/menuitem.eb1d4c2a3e5b...

Even in the years after the first, the "jobs" have to be related to your course work ergo "practical training" i.e. internships with some company. There is no allowance for running your own business anywhere at anytime. I maybe wrong if laws have changed. Please point to something that says it's ok to run a business. Thanks.

[URL=http://www.youtube.com/watch?v=J9Ht92B3WaM ]youtube downloader mp3[/URL]

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

#294

Post by chris_wot »

n3rdy wrote: post #292
stqbert wrote: post #291

Earlier quoted context omitted.

You can opt out. Renounce your citizenship.

Do you think its reasonable that government takes less from you if you commit suicide than if you renounce your citizenship? I never agreed to be a citizen in the first place. Why should anyone have to give up everything they have just because the government decided to auto enroll them into a system without their consent?

You didn't ask to be born. Humanity has done an absolutely terrible job of managing this planet. It's not fair that people have no say about being born into it.

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

#295

Post by chris_wot »

JohnHaugeland wrote: post #266
chris_wot wrote: post #221

Earlier quoted context omitted.

Then PayPal should make this very, very clear. In fact, I'd go further: they should mandate that you provide an SSN before you can collect money. It's unethical to do otherwise: anyone who uses PayPal to collect money will want to withdraw it.

One, PayPal does make their rules very clear. It isn't PayPal's fault that its users don't bother to read the rules. Two, these rules do not come from PayPal; they come from the US Federal Government. Three, the thing you're saying they should make clear is something someone else guessed about, and it's not correct. As long as the number is under $600 a year, there's no paperwork required. I don't understand why we'r…

Yet they asked him for his SSN. They didn't ask for him to fill in his "tax paperwork".

I'm very interested in what tax laws you believe he's broken though.

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

#296

Post by cheapsteak »

winter_blue wrote: post #191
wyuenho wrote: post #186

Earlier quoted context omitted.

I used to be an international student in the US. So I feel OP's pain. I have an advice in addition to winter_blue's. However, I have been out of the US for 3 years and I don't know if any rules have changed since then. Besides applying for precompletion OPT which will take months and months, a much quicker route for me was to get a part-time job at school. I did this when I was working as a CS tutor in my CS departme…

This is a bad idea. Getting an SSN does not solve the bigger issue of work authorization. Having an SSN would make Paypal happy, but he could be deported by SEVIS/USCIS/ICE for earning an income without proper work authorization. F-1 OPT is the only status I know that allows you to earn an income while being self-employed. Even on an H-1B doing what the OP did would be a violation of status, and could lead to deporta…

>Even on an H-1B doing what the OP did would be a violation of status

Could you expand on this? Do you mean an H-1B doesn't let you sell things online?

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

#297

Post by paypalrbeggars »

I faced a similar issue in past having a paypal account in UK. I fixed their ass as it was my own money and they had to pay me in 6months and then they closed my account. PAYPAL is actually becoming virtual beggars.

My question is simple as below:

Why do they let us accept payments as much as we want and when we make withdrawals that time they came to know we have bla bla information missing to be verified???????

Why they can not simply held/limit/block our paypal accounts on the very first transaction we receive so we make arrangements or leave using it???????

I have heard many many complaints where people's accounts got held due to verification pending etc but they all have one COMMON thing they only get their accounts blocked or held when the do withdrawals. Paypal the fucking beggars wait till we make money in our accounts by hard working and once we do withdrawals they make issue's. I believe paypal as a big time FRAUD itself. They should held our account or do not let us use it unless we have all the verifications done......... Do comment guy'ssss with LIKES or DISLIKES

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

#298

Post by readme »

linhares wrote: post #284
readme wrote: post #262

Earlier quoted context omitted.

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.

Probably because the US is becoming an increasingly hostile place to wealth, not to mention the fact that we're a police state.

Singapore is an incredibly good place to do business, I'm not shocked, especially since he wasn't a native born American.

Oh yeah, the real kicker is that you have to renounce citizenship, or you'll pay federal taxes even while living abroad. (True for dual citizens, too)

That was probably his real reason.

Post reply on HN