Well we were warned by the founding fathers that the only way this country would fail was from within. Depending on a persons perception it may have already fell.
Warning all leased O/O
Discussion in 'Ask An Owner Operator' started by PoleCrusher, Jun 8, 2021.
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Brettj3876, lynchy, PoleCrusher and 2 others Thank this.
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Seems you should ve running as an scorp anyway just for the tax savings. And let me ask this. If xyz company has 2000 company drivers, if flush with cash, and also has 1000 owner ops because they have way more loads then their drivers can handle is that work still an integral part of their business ?PoleCrusher Thanks this. -
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This begs the question: Where does big business stand on this legislation? Assuming that the smallest big business is way bigger than the biggest trucking company, of course....Last edited: Jun 10, 2021
Speed_Drums and ProfessionalNoticer Thank this. -
We are most closely following the path of the western Roman Empire though. The state lost it's ability to administer itself while mega-rich estate owners who paid no taxes dismantled public monuments, hauled off the pieces and used them to decorate their own mansions.
They're not literally plundering monuments here yet, but they are paying little to no taxes while the roads crumble and the treasury empties. And what is our legislature doing? Tossing a little extra bread to the masses....Last edited: Jun 10, 2021
Speed_Drums, lynchy and jason6541 Thank this. -
Maybe they'd have to sell off their trailers to not be considered a trucking company. Could be sold to a wholly owned subsidiary which leases them out to Landstar drivers for a nominal fee....
Could still be a lot of grey area for a motivated legal department to work with.Last edited: Jun 10, 2021
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Speed_Drums, PoleCrusher and slow.rider Thank this.
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PoleCrusher and slow.rider Thank this.
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Does this company meet the definition of a trucking company?PoleCrusher Thanks this.
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