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This is the same company whose founder "took the tax dollars from employee paychecks — which are supposed to be withheld and sent to the Internal Revenue Servic
by robbyking 9y ago
This is the same company whose founder "took the tax dollars from employee paychecks — which are supposed to be withheld and sent to the Internal Revenue Service — and reinvested the money into the start-up, even as friends and advisers warned him the action was potentially illegal." [1]
[1] https://www.nytimes.com/2017/04/23/technology/travis-kalanick-pushes-uber-and-himself-to-the-precipice.html https://www.nytimes.com/2017/04/23/technology/travis-kalanic...
- greenyoda 9y agoIt's not potentially illegal, it's unquestionably illegal. Money withheld for taxes doesn't belong to the employer; it has already been paid to its employees, who are trusting the employer to pay it to the government on their behalf, as required by federal and state law. So it's (1) stealing from employees and (2) tax fraud. If the authorities had found out about it, he'd have gone to prison.
- misiti3780 9y agoin a previous life, i worked for someone (small start up) that did exactly this to me. I reported him to the authorities, and he is not in prison. I depends on the size of the amount stolen and how busy your local DA's office is. I was in NYC.