Tag: taxes

The Uber-truth about the slavery economy

When I first heard someone use the term “the sharing economy” last year:

Me: What the fuck is “the sharing economy”?

Someone: It’s a catchall for businesses like AirBnB, Uber, Lyft, TaskRabbit and the like.

Me: Sounds more like they should call it “the slavery economy.”1 Give it a few years for that bubble to go the way of GroupOn.

…

What did I mean?

Well to take one example, this was sent to me recently by a friend because it appeared on her feed and she was curious how they got the numbers:

UberX truth in advertsing

Should say “Apply now and start making serious cash… for Uber’s investors.”

Let’s do the math, shall we?2

Continue reading some Uber math after the jump

Posted on by tychay 7

Voting yourself to oblivion

“My mom said she voted for anything that is going to lower her taxes.”

Great so your mom voted for Prop 19 which failed. But the other stuff? You realize that your dad is the only breadwinner in the family and he’s a government employee. When California is forced to submit a budget, and all alternate taxation and alternate funding resources have been closed, the first thing they’re going to do is lay off your dad (again).

It’s sad, but it’s the cold hard reality of those votes. I’m sure they’re going to enjoy the no new taxes when they’ve got no income to go along with it.

Yet another year where I voted with the losers on all but a couple propositions. Ironically, I’m one of the lucky few who doesn’t get touched by this voting stupdity. Heck, I never even had a joint.

Enjoy the consequences of your actions.

Posted on by tychay 0