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Swag, bonuses, and other gifts are considered taxable income to the individual (which Alphabet cannot report since we are not the TVC employer) That's a valid

Swag, bonuses, and other gifts are considered taxable income to the individual (which Alphabet cannot report since we are not the TVC employer) That's a valid reason. Why the faux outrage?

lovich 8y ago
Because for all intents and purposes these workers appear to be Google employees, but they've structured their agreements in a way to say "no they are not", retain the benefit of having said employees, and don't pay back to society in the form of taxes. This sort of circumvention of the spirit of the law is only really doable by large corporations, which means large corporations get to shirk their societal responsibilities while everyone else has do more or society loses out. That's where the outrage comes from, which I do not believe is faux
- kjeetgill 8y ago
  I'm unfamiliar with the tax law around contractors. What tax is missing? Whatever taxes google doesn't pay will be paid by the employer right?
  - lovich 8y ago
    On income tax, but these rules around what gifts are allowed to go to TVCs are there because that is happening already and going untaxed. Other additional points for anger around these sorts of faux employee setups is that they make it easier for companies to get around employee protections when it comes to firing/laying off because they've turned it into a contract with another company, and that traditional growth from low skill jobs inside a company has disappeared by this artificial barrier. You no longer hear stories about a janitor or secretary who worked their way up into executive ranks by seeing unfulfilled needs in the company and learning to solve them. You are either over the arbitrary skill value from the beginning, or you are kept in the lower ranks of second class citizen
    - joshuamorton 8y ago
      >On income tax, but these rules around what gifts are allowed to go to TVCs are there because that is happening already and going untaxed. Income tax is still paid for the employees income though, its just that Google pays a vendor firm, and that vendor firm pays the employment tax, and the vendor pays income tax on their income from the vendor firm.
      - lovich 8y ago
        I'm sure that those gifts are reported as income to same regularity that tips are in restaurants
        joshuamorton 8y ago
        I'm confused. I'm talking about income from work. Not income from gifts, which upthread was mentioned are banned.
deleted 8y ago
[deleted]

Swag, bonuses, and other gifts are considered taxable income to the individual (which Alphabet cannot report since we are not the TVC employer) That's a valid reason. Why the faux outrage?

lovich 8y ago

Because for all intents and purposes these workers appear to be Google employees, but they've structured their agreements in a way to say "no they are not", retain the benefit of having said employees, and don't pay back to society in the form of taxes. This sort of circumvention of the spirit of the law is only really doable by large corporations, which means large corporations get to shirk their societal responsibilities while everyone else has do more or society loses out. That's where the outrage comes from, which I do not believe is faux

kjeetgill 8y ago
I'm unfamiliar with the tax law around contractors. What tax is missing? Whatever taxes google doesn't pay will be paid by the employer right?
- lovich 8y ago
  On income tax, but these rules around what gifts are allowed to go to TVCs are there because that is happening already and going untaxed. Other additional points for anger around these sorts of faux employee setups is that they make it easier for companies to get around employee protections when it comes to firing/laying off because they've turned it into a contract with another company, and that traditional growth from low skill jobs inside a company has disappeared by this artificial barrier. You no longer hear stories about a janitor or secretary who worked their way up into executive ranks by seeing unfulfilled needs in the company and learning to solve them. You are either over the arbitrary skill value from the beginning, or you are kept in the lower ranks of second class citizen
  - joshuamorton 8y ago
    >On income tax, but these rules around what gifts are allowed to go to TVCs are there because that is happening already and going untaxed. Income tax is still paid for the employees income though, its just that Google pays a vendor firm, and that vendor firm pays the employment tax, and the vendor pays income tax on their income from the vendor firm.
    - lovich 8y ago
      I'm sure that those gifts are reported as income to same regularity that tips are in restaurants
      - joshuamorton 8y ago
        I'm confused. I'm talking about income from work. Not income from gifts, which upthread was mentioned are banned.

deleted 8y ago

[deleted]