3 ms·
Uber gives 80% of the fair to the divers. I'm struggling to see how it could earn profits "far in excess" of of that 80% unless it invests whatever is left of
by Symmetry 13y ago
Uber gives 80% of the fair to the divers. I'm struggling to see how it could earn profits "far in excess" of of that 80% unless it invests whatever is left of the 20% after overhead in some really lucrative City investments.
- corin_ 13y agoPresumably a chunk of that 80% gets written off by the drivers in expenses, so not all of it will be taxable. Whether it's 10% or 90% that's nontaxable I've no idea.