1099 income
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Jan 11, 2022 by Sahil Bloom · across every show →
Everything said about 1099 income, oldest first
Jan 11, 2022 negative
Bloom: Outdated financial infrastructure effectively penalizes 1099 contractors compared to W-2s
“10 99 income is effectively taxed at a much higher rate than w two, not in the sense of like an actual tax rate, but in the sense that you can't go get leverage on it. Good luck getting a mortgage with a bunch of 10 on income. If you have a million dollars of …”