Oddbean new post about | logout
 i became very aware of all of this about 2000 as i tried to start up my own freelance tech support service

i always thought that tax refunds were an interest free loan since i first heard about them

and i was very aware of the cost of administration of these taxes and actually trying to run a simple registered company to act as a vehicle for international freelance employment payments i was unable to actually even GET those refunds, and that was the whole point of it

and on top, if i wanted to shut down the corporation, and not get penalised for failing to lodge statements, i had to pay some $1000 of fees to do this

so you know what i did? i just left te country and never came back

and i'm glad i didn't get pushed to do this kind of nonsense with my current main gig... i just get a monthly bitcoin payment to yet another new address and i'm not telling anyone without gunpoint at this point, how much, when, or who, or where

and nobody is asking anyway

the closest i have had contact with the government here has been dealing with customs duties, which are absurdly expensive, some 30% of the value of the price of the item plus the cost of shipping combined

at some level they are gonna drive a LOT of business outside of the CBD off the books, and at some point that is going to mean bitcoin/lightning because really, it's as convenient as cards with almost zero margin