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The drivers 100% pay taxes. Everything is reported to the government. Not sure why you think someone paid by a major corporation would avoid having their income
by monero-xmr 3y ago
The drivers 100% pay taxes. Everything is reported to the government. Not sure why you think someone paid by a major corporation would avoid having their income reported.
- zilti 3y agoBecause that's exactly what most Uber/Lyft drivers did for many years, which led to them getting banned or forced to properly employ their drivers. They held their drivers in a pseudo-self-employed-contractor state so they also wouldn't have to pay social security, unemployment insurance, etc., why else do you think they were able to be so cheap? If that is different now in California, that's very recent.
- fallingknife 3y agoThey are still required to pay taxes, and Uber/Lyft are required to send 1099s to the IRS to declare the income. Nobody was hiding anything.
- Thorrez 3y ago>why else do you think they were able to be so cheap? I thought it was because they were avoiding paying taxi taxes and avoiding medallion restrictions. And maybe also because the Uber/Lyft themselves were operating at a loss, and drivers might have been overlooking the money lost due to car depreciation.
- tjbiddle 3y agoI don't think you understand how 1099's work.