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Perfect timing. It is wrong. Period. While the wealthy have the cash to be able to WRITE THEIR OWN LOOPHOLES, this is happening. People don't have money to eve
by kvetching 4y ago
Perfect timing. It is wrong. Period. While the wealthy have the cash to be able to WRITE THEIR OWN LOOPHOLES, this is happening.
People don't have money to even survive. This is why many people turned to selling stuff online. JUST TO GET BY. They are using credit cards, just to get by. And now they will be in debt to the government because I'm sure a fraction of the people receiving a 1099 actually saved for taxes.
So pathetic they put out this "warning" as if it's going to help anyone. People will have the warning when they receive their 1099s in the mail.
They put taxes on online sales a few years ago. Now this? When the US is in massive debt and seemingly operates without any need for taxes. They just keep raising the debt ceiling. At this point, it's impossible to pay down the debt. Interest payments soon to be higher than GDP. The only solution they seem to be pushing towards is hyperinflation.