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It sounds like the new rules will force a new market equilibrium. When you didn’t have to pay taxes and the money was fast, cheap and untraceable there was prob
by clay_the_ripper 7y ago
It sounds like the new rules will force a new market equilibrium. When you didn’t have to pay taxes and the money was fast, cheap and untraceable there was probably excess supply of labor. Now that you do have to pay taxes, supply may go down increasing prices to attract a smaller pool of labor. But what I suspect will happen is that supply will remain mostly constant, prices will stay about the same, and the dancers just won’t make as much money. Many of them may not have lots of other career options, so they will be stuck at a new lower rate of pay. While that is probably a bummer for them, I would also be a lot richer if I didn’t have to pay taxes either.